We can expect that the next fight will be just as bad as the last one. I found this in Wired Magazine and it certainly shines some light on the historical models/examples that get drawn upon:
"It's not like the debt ceiling hasn't been raised before. The percent change during the following Administrations:
Kennedy - 5%
Johnson - 18%
Nixon - 36%
Ford - 41%
Carter - 34%
Reagan - 199%
George H.W. Bush - 48%
Clinton - 44%
George W. Bush - 90%
Obama - 34%"
Wednesday, April 4, 2012
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