Re: Plan B on the debt ceiling?
The US credit rating is on the brink of being downgraded by moodys because of the tea party idiots who are in Congress. And what happens when your credit goes bad brainiac? YOUR INTEREST RATES GO UP. The rate the government pays on all that debt is in danger of doubling or worse adding hundreds of billions unnecessarily to the national debt. Not only that but a stock market collapse followed by a depression or deep recession will lower government revenues drastically, thus further pushing the deficit into the stratosphere. LISTEN TO YOUR OWN CONSERVATIVE ECONOMISTS ON THIS, not the fucking tea party morons who know about as much macro economics as they know brain surgery.