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debt ceiling
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<blockquote data-quote="BrownArmy" data-source="post: 1206557" data-attributes="member: 18225"><p>I love the Republicans (a certain few) who say that it will be 'no big deal' if we default on our notes.</p><p></p><p>Yes, yes, there's money coming in, and (maybe) we'll be able to finance the notes with our tax revenue.</p><p></p><p>(<em>On a side note, the people saying that our taxes - revenue paid to the guvment - will cover our expenses, are the same people doing their damnedest to reduce said tax revenue paid to said guvment, but nevermind...</em>)</p><p></p><p>The majority of economists in this country (and other countries) think that defaulting on our debt is A REALLY BAD IDEA.</p><p></p><p>The majority of businesses in this country have sent letters to '<em>anyone listening</em>', saying, 'PLEASE, DON'T DEFAULT'.</p><p></p><p>We can have a discussion about debt in this country, etc.</p><p></p><p>But the discussion about the 'debt ceiling' isn't <em>that</em> discussion.</p><p></p><p>As well, Republicans as well as Democrats are equally guilty in terms of '<em>raising the debt</em>', don't listen to the hype.</p><p></p><p>.</p><p>.</p><p>.</p><p></p><p>Personally, I'm not sure that any of our elected leaders are fit for office.</p></blockquote><p></p>
[QUOTE="BrownArmy, post: 1206557, member: 18225"] I love the Republicans (a certain few) who say that it will be 'no big deal' if we default on our notes. Yes, yes, there's money coming in, and (maybe) we'll be able to finance the notes with our tax revenue. ([I]On a side note, the people saying that our taxes - revenue paid to the guvment - will cover our expenses, are the same people doing their damnedest to reduce said tax revenue paid to said guvment, but nevermind...[/I]) The majority of economists in this country (and other countries) think that defaulting on our debt is A REALLY BAD IDEA. The majority of businesses in this country have sent letters to '[I]anyone listening[/I]', saying, 'PLEASE, DON'T DEFAULT'. We can have a discussion about debt in this country, etc. But the discussion about the 'debt ceiling' isn't [I]that[/I] discussion. As well, Republicans as well as Democrats are equally guilty in terms of '[I]raising the debt[/I]', don't listen to the hype. . . . Personally, I'm not sure that any of our elected leaders are fit for office. [/QUOTE]
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