Raise the Debt Ceiling
This was an article today on www.CNNmoney.com written by Jennifer Liberto. I’d love to hear your thoughts about this topic. Federal […]
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0 thoughts on “Raise the Debt Ceiling”
1. A financial audit of the U.S. government should be done to determine the truth.
2. Do not raise the cap; pay down the debt.
3. Establish a standard other than the dollar, a standard that has some intrinsic value.
4. When some perception of stability begins to form, audit all federal agencies with an eye
to defunding all federal agencies which are not constitutionally and fiscally viable.
Great comments Gordon! If you don’t run for President in 2012 I will be writing you in.
why put a ceiling if you’re just gonna raise it? it’s like having an arbitrary cap on your spending. it’s like giving your wife a credit card with a max limit and then when your wife calls you she needs more for her shopping, you call the bank and ask that the limit on the credit card be removed. As Parkinson’s 2nd law states, “expenditures rise to meet income”. In this case, a higher debt ceiling will just mean more government borrowing.