The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

Blog Running – ‘The Two Sentences That Should Be Part of All Discussion of the Debt Ceiling’

debt ceiling3

‘Here they are’:

1) ‘Raising the debt ceiling does not authorize one single penny in additional public spending’.

2) ‘For Congress to “decide whether” to raise the debt ceiling, for programs and tax rates it has already voted into law, makes exactly as much sense as it would for a family to “decide whether” to pay a credit-card bill for goods it has already bought’.

‘That is all’.
From : http://www.theatlantic.com/politics/archive/2013/01/the-two-sentences-that-should-be-part-of-all-discussion-of-the-debt-ceiling/267115/

 

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: