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The debt ceiling being raised isn't something only one side needs, it's what the country needs. The GOP is trying to force partisan measures on something that is essential to the country. They're holding the American economy hostage, which will be out billions in a shutdown.
Why does the country "need" to raise the debt ceiling ? We could not raise the limit, live within our means, take our medicine and reset the economy to function without smoke and mirrors. It will mean pain now for many but that is unavoidable because RECKLESS SPENDING promoted by politicians has put us in this position.
Saying the economy will be out billions is misleading because the govt is paying itself to create tax revenue to fund itself. This will eventually hurt the ones that need the help the most - just like it has in every other country which has traveled this road. Pay now or pay later - and later comes at a much higher cost.
Wall St is extremely unhappy with the Republican threats to default on the national debt and crash the US economy. They want the adults in the Republican Party to take the remote control away from the tea party crazies. They're threatening to start taking away their lobbyist cash unless the Republicans stop allowing the nutjobs to damage the economy yet again.
How many times was the debt ceiling raised under Reagan? Under Bush?
Suddenly, the conservatives have developed fiscal responsibility. Call me shocked.
The entire government is hypocritical here and that is a problem.
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. government can’t pay its own bills. ... I therefore intend to oppose the effort to increase America’s debt limit.”
— Then-Sen. Barack Obama, floor speech in the Senate, March 16, 2006
That there are many that will defend the actions of one party or the other no matter what they say is even a bigger problem.
How many times was the debt ceiling raised under Reagan? Under Bush?
Suddenly, the conservatives have developed fiscal responsibility. Call me shocked.
It was called kicking the can down a dead end road.
Eventually you come to the end of the road.
Guess where we are in our travels since the federal reserve was created.
I believe it was Andrew Jackson that explained it well. Correct me if I'm wrong.
Wall Street owns Obama completely and most politicos as well. A few tea party and the most dyed in the wool liberals( not to be confused with left wingers) are probably out of their reach but that's about it.
Get enough people against Wall Street and they might listen to us and not them.
The debt ceiling being raised isn't something only one side needs, it's what the country needs. The GOP is trying to force partisan measures on something that is essential to the country. They're holding the American economy hostage, which will be out billions in a shutdown.
Shutting the government down, and limiting spending and deficits is something our children needs, and thus our country.
To pretend trillion dollar deficits is good, is pretty dumb..
I note how many lefties cant think for themself though, using those keywords given to them by the administration, hostage... etc..
grow up and stop repeating talking points, thats childish..
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