You have to ask yourself one question. Do we continue to give the idiots in Washington more and more rope to wrap around all of our necks so as not to hurt the feelings of international traders, or do we force them to start living within our means? I would much rather some people stop buying our bonds now while we are still in control...at least nominally, than to have everyone stop buying our bonds because our national debt is greater than our GDP. The drunken sailors in Washington, of both parties, have made it perfectly clear over the past few decades that they are incapable of handling this situation in any reasonable way.
Talk of deficit reduction has been going on for most of my life and what do we have to show for it? A $14+ TRILLION government induced dept and yearly deficits of over $1 TRIILION is what. A line in the sand must be drawn here. This far and no further!
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Re: Plan B on the debt ceiling?
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- Plan B on the debt ceiling?
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- Re: Plan B on the debt ceiling?
- Re: Plan B on the debt ceiling?