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gatzap
Lv 5
gatzap asked in News & EventsCurrent Events · 8 years ago

Saner approach to efault?

All I hear is Default from politicians and newscasters. Whether it is willful ignorance or purposeful lying does not matter. People hear the default word, repeat it, answer polls about it that show what? Worry about default - exactly the desired results.

Meanwhile in truth the debt ceiling and a default not only are NOT the same thing but is only possible is purposefully chosen.

So how about this for an approach. pass a bill that raises the debt ceiling on the first of each month by the 20 or 25 billion required to service the debt. That would clearly separate the two issues so that all the rest of the spending would have to be dealt with separate from the debt ceiling issue.

What do you think? Any big government politicians support this? Would the pitifully ignorant People understand the issues any better?

1 Answer

Relevance
  • AJ
    Lv 7
    8 years ago
    Favorite Answer

    No, I don't support this at all. I think it's awful.

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