Financing on credit card

Reader comment on: Democratic National Convention, Night Two

Submitted by Jerry Skurnik (United States), Sep 6, 2012 17:40

You ignore Steny Hoyer's reference to paying for the wars on a credit card. Most of the Democrats favored raising taxes raise than increasing the debt to pay for the wars. Most Republicans agreed with Dick Cheney that deficits don't count until Obama became President.

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The Future of Capitalism replies:

A fair point, though with the Iraq War the Democrats' main objection seemed not to be how it was paid for, and with the Afghanistan War, for the first two years of the Obama administration the Democrats controlled both houses of Congress and chose to finance the war via borrowing rather than tax increases.

Other reader comments on this item

Title By Date
⇒ Financing on credit card
[w/response] [45 words]		Jerry SkurnikSep 6, 2012 17:40
More lies from the DNC [19 words]AD-RtR/OW!Sep 6, 2012 11:50
Steny Hoyer has a selective memory [36 words]Nick BourbakiSep 6, 2012 09:07

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