“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker

Wednesday, July 27, 2011

Debt Ceiling Durations- Do The Math!

Charles Krauthammer made a wonderful point last night on Bret Baier's 6PM Fox News program.

Citing Wonderboy's recent speech which lionized Reagan, then quickly demanded a 2-year debt limit extension, the well-regarded conservative pundit noted the following.

During Reagan's two terms, the debt limit was raised approximately 18 times. Dividing the 96 months of Reagan's Presidency by 18 debt limit increases results in an average duration of 5-6 months.

So the First Rookie is, once again, playing fast and loose with the facts. Reagan, whom he now praises, presided over debt limit increases which lasted far less than what he now demands.


Also typical is the fact that nobody in the print or broadcast media caught this error, either.

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