Quote of the Day: Who Loves Debt More, Democrats or Republicans?


Steve Clemons looks at the data and concludes one thing: Republicans love debt a whole lot more than the Democrats:

As the debates on who is responsible for the levels of federal debt continue to play out in the next 10 days before the election and the 66 days before the US hits a fiscal cliff, remember that the worst contributors to America’s debt load were mostly GOP presidents — with the single exception of Obama, who had a global economic tsunami crashing in on the White House and nation when he took the helm.

It must be remembered however that Republicans say they hate debt, so therefore it must be true.

Ben Cohen is the editor and founder of The Daily Banter. He lives in Washington DC where he does podcasts, teaches Martial Arts, and tries to be a good father. He would be extremely disturbed if you took him too seriously.