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.
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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."