2011/07/31

Tea Party takes America to the brink

America has raised its debt ceiling 140 times since the war without controversy. Now compromise has become a dirty word. guardian

Note: "The Tea Party rose out of anger over the scale of federal spending, and in particular in bailing out the banks and the car industry.
...
Although much of the blame for the scale of debt rests with George W Bush's wars in Iraq and Afghanistan and his tax cuts for the wealthy, Obama gets the blame too for spending billions trying to stimulate the economy."

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