IPFS News Link • Economy - Economics USA
Tim Geithner's Solution To The Debt Ceiling Is So Reasonable, Nobody Could Possibly Object
• Business InsiderThere are a few simple reasons why:
It's dangerous. If Congress fails to raise it, it could result in a catastrophic financial situation, whereupon the US was forced to default. By threatening the above, it allows an opposition to hold the nation hostage (this applies to Republicans and Democrats [who also have a history of opposing hikes when they're out of power]) doesn't accomplish anything. It's never reduced the trajectory of government spending.Watch Streaming Broadcast Live:
LRN.fm
DLive
Live Chat
Telegram
Telegram
