Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Times New Roman","serif"; mso-ascii-font-family:"Times New Roman"; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:"Times New Roman"; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} John Hinderaker at Powerline clearly explains why, contrary to the Democrats' childish "he did it; it's the Tea Party's fault", S&P's recent action is really a Democratic Downgrade. "What did the Democrats do with respect to federal debt during the four years they controlled both Houses of Congress?" Hinderaker asks. Why they just merrily rolled along, increasing the debt without any plan, short term or long term, to repay it. Here is a summary of the deficits the Democrats racked up during that time: FY 2008 -- $460 billion FY 2009 -- $1,410 billion ($1.4 trillion) FY 2010 -- $1,300 billion ($1.3 trillion) FY 2011 -- $1,600 (estimated) ($1.6 trillion) Of the $14.5 trillion national debt, nearly $4.8....
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