American Fiscal History, 2009-2011
July 20, 2011
Congressman Paul Ryan offers a very succinct review of the last two years, from Democrats’ bad policies (e.g., raising taxes during a recession) to their refusal to follow the rules (not passing a budget when required by law to do so, abusing the reconciliation process to pass Obamacare). I recommend it, especially if you’re not already familiar with some of this recent history. Even if you are, it’s important to keep the current debt-limit fight (including President Obama’s breathtaking attempts to paint himself as the responsible one) in perspective.
Hat tip to the Foxhole.