The Second Chart Ratio of Debt Limit to GDP is a more telling chart:
What is a Debt Limit if it is changed when it is exceeded with no correction? Not a Limit.
I believe the real problems started in 2007 when Dems controlled both House and Senate. Obama accelerated the "mismanagement."
Resident Obama will continue to Double Down, Trust me. Nothing matters to him, but himself. Narcissistic?
I think the only option available is for Congress not to increase the Debt Limit. Until then, it's just politics controlled by State Run Media.
Obama might have to make some decisions, probably the wrong ones, but at least he will be responsible for something, finally.
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