kallend 2,156 #26 January 16, 2013 QuoteRomney lost because he campaigned on the idea of job creation to people who don't care to work. But this isn't about Romney. It's about a sitting president who had contempt for the idea of increasing the debt ceiling when he was a senator. Either way you spin it it still sucks. Congress gets to set tax and spend policy, then gets all upset when the debt approaches a so-called "ceiling" (which is absurd in the first place; how many other nations have such silly fiscal rules?)).... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
JerryBaumchen 1,469 #27 January 16, 2013 Hi John, Quotehow many other nations have such silly fiscal rules?)). IMO this is why Mitch McConnell wants to give the president ( who ever might be in office ) full & complete authority to raise the debt whenever necessary. Sounds like a good plan to me. JerryBaumchen Quote Share this post Link to post Share on other sites
airdvr 210 #28 January 16, 2013 Quotesilly fiscal rules? All of the credit cards I hold have a debt ceiling. Wonder why they do that?Please don't dent the planet. Destinations by Roxanne Quote Share this post Link to post Share on other sites
quade 4 #29 January 16, 2013 QuoteQuotesilly fiscal rules? All of the credit cards I hold have a debt ceiling. Wonder why they do that? Because they want to limit the amount you can default on by limiting your purchases in the future. But your analogy is poor because the US debt ceiling doesn't work that way. It has nothing to do with limiting future spending. It has to do with paying the bills the US has already rung up in the past.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites