A little perspective

The president wants a debt limit increase big enough to last through the 2012 election, while the Republicans only want to give him $1,000,000,000,000 ($1T) worth, which will only last for about 6 months...


...Think about that for a minute....

We will be spending so much money that we will need to borrow one trillion dollars, in addition to tax revenues, just to get us through 6 months.

The amount of debt that we accrued during Bush 43 was $2.14 trillion. That is over 8 years, or 16 six-month periods, for an average of: $133 Billion added debt every six months.

Now comes Obama and Pelosi and Ried, and where are we? The same $1 trillion dollar increase which would have lasted us 7 1/2 times as long before OPR, now will only get us through half a year.

Disgusting.

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