Tuesday, May 30, 2023

Debt Ceiling Crisis- We've Been Down This Road Before

CNN
Obama agreed to $2.1 trillion in spending cuts to end debt ceiling crisis. Here’s what happened next.
"Congress then watered down the deficit reduction provisions by repeatedly increasing the caps on discretionary spending in the following years – though lawmakers also included other measures to offset some of those changes."

Political Battle Over the Debt Ceiling in 2012
A ' FRONTLINE' Documentary (Aired 2013)

Even if some Republicans manage to get their way in the next few days forcing us into default there's no reason this time would be any different then the last. Congress has proven time and again they are the worst money mangers in the world.

Is there a lot of waste which can be cut? Absolutely, but show me one congress member who's going to take the hit in their district. Rather a hopeless situation don't you think?

Friday, May 19, 2023

PoliticsGirl On The Debt Ceiling Crisis




Who is PoliticsGirl?

I spend most of my internet time on YouTube. There's so many reasons why. I learn things both scientific and otherwise. The music videos for sure. Then there's the inability for me not to find a video I'm looking for. From old time Philadelphia broadcasts to just about anything. it's hard to stump YouTube. It has it all. Probably one of the biggest video archives in the world which was ever created. Hence why so many of them appear here on this blog. Besides these people express my thoughts better then I can most times.