who will get the blame when we do not raise the debt ceiling? (insurance, politicians)

[wjtwet]

IMHO the results will be so bad we will finally be on our way to fixing the problems and the voters will through everyone out

[le roi]

YES! I like this. Please send me some.

will it be covered by my insurance?

[pnwmdk]

Originally Posted by wjtwet

IMHO the results will be so bad we will finally be on our way to fixing the problems and the voters will through everyone out

Why would it be bad to stop going deeper in debt?

[wjtwet]

Originally Posted by pnwmdk

Why would it be bad to stop going deeper in debt?

At some point the bill comes due

[malamute]

No way should the debt ceiling be raised. It's time to live within our means, get control over the wild spending spree.

[Chimuelojones]

Originally Posted by malamute

No way should the debt ceiling be raised. It's time to live within our means, get control over the wild spending spree.

Im so glad your view of not raising the debt ceiling limit is a very very small minority of all Human beings across this globe.

Not even your party's leaders, nor the vast majority of the rank and file, agree with you.

[pnwmdk]

Originally Posted by wjtwet

At some point the bill comes due

And you think that paying your debts by borrowing more is the road to financial solvency?

[pnwmdk]

Originally Posted by Chimuelojones

Im so glad your view of not raising the debt ceiling limit is a very very small minority of all Human beings across this globe.

Not even your party's leaders, nor the vast majority of the rank and file, agree with you.

Describe for us the merits of uncontrolled and unlimited borrowing by politicians. It would especially helpful if you used historical examples to show us how well it works.

[GypsumCement]

Originally Posted by wjtwet

IMHO the results will be so bad we will finally be on our way to fixing the problems and the voters will through everyone out

The American people long ago that gave them a credit card in the first place.

The hard part is getting them to give it back so we can cut it up.
All we can do now/today, is say no, when they want to spend more on the card.

[Chimuelojones]

Originally Posted by pnwmdk

Describe for us the merits of uncontrolled and unlimited borrowing by politicians. It would especially helpful if you used historical examples to show us how well it works.

There is no need to because that was not my contention. Don't try to "out smart" yourself. Stick to what is said, not to what you want to post.