{"id":19104,"date":"2013-10-08T13:26:11","date_gmt":"2013-10-08T17:26:11","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=19104"},"modified":"2013-10-08T13:37:47","modified_gmt":"2013-10-08T17:37:47","slug":"startling-graph-about-the-debt-ceiling-and-the-national-debt","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/19104\/startling-graph-about-the-debt-ceiling-and-the-national-debt\/","title":{"rendered":"Startling Graph about the Debt Ceiling and the National Debt"},"content":{"rendered":"<p style=\"text-align: center;\">In anticipation of the debt ceiling debate\/crisis\/hysteria,\u00a0<a href=\"http:\/\/mercatus.org\/veronique-de-rugy\">Veronique de Rugy<\/a>, a senior research fellow at the\u00a0<a href=\"http:\/\/mercatus.org\" target=\"_blank\">Mercatus Center at George Mason University<\/a> tweeted a\u00a0<a href=\"https:\/\/twitter.com\/mercatus\/status\/387355912387563520\/photo\/1\" target=\"_blank\">graph<\/a> of all the times the debt ceiling has been raised since 1980.<\/p>\n<p>It\u2019s a simple but\u00a0<a href=\"https:\/\/twitter.com\/mercatus\/status\/387355912387563520\/photo\/1\" target=\"_blank\">shocking illustration<\/a> that tells the story of how America went from a national debt of $930 million to a national debt of $16.7 trillion in just over three decades.<\/p>\n<p>The\u00a0<a href=\"https:\/\/twitter.com\/mercatus\/status\/387355912387563520\/photo\/1\" target=\"_blank\">graph<\/a> indicates that we clearly have two\u00a0big government presidents to thank for putting Americans and the American economy in such a dire predicament: George W. Bush and Barack Obama.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"Increases in Debt Ceiling\/National Debt Since 1980\" src=\"https:\/\/pbs.twimg.com\/media\/BWAqJmICYAAoZqK.jpg\" alt=\"\" width=\"580\" height=\"421\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In anticipation of the debt ceiling debate\/crisis\/hysteria,\u00a0Veronique de Rugy, a senior research fellow at the\u00a0Mercatus Center at George Mason University tweeted a\u00a0graph of all the times the debt ceiling has been raised since 1980. It\u2019s a simple but\u00a0shocking illustration that tells the story of how America went from a national debt of $930 million to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[143,2232,491,4317,455,2181],"class_list":["post-19104","post","type-post","status-publish","format-standard","hentry","category-posts","tag-barack-obama","tag-debt-ceiling","tag-george-w-bush","tag-mercatus-center","tag-national-debt","tag-veronique-de-rugy"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=19104"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19104\/revisions"}],"predecessor-version":[{"id":19108,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19104\/revisions\/19108"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=19104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=19104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=19104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}