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airdvr

America has a debt problem and a failure of leadership

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Romney 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?)).
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The only sure way to survive a canopy collision is not to have one.

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silly 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

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