The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27029
Likes: 34306


It’s political bullshit. Eliminating the debt ceiling entirely -


Which is what should happen - authorizes not a single penny of spending.

The size or existence of a debt ceiling has no bearing whatsoever on what the dems will pass. Not one bit. There is close to a 0% chance that the current rec bill is going to pass. We are either getting nothing at all, or something smaller than the 3.5 tril bil. That’s true whether or not the dems raise the debt ceiling. Because it has no bearing on what we decide to buy. Just on whether we’re willing pay after we buy it.

Not raising the debt ceiling does one thing, and one thing only - it causes us to fail to meet obligations. Obligations already made. Things we already bought.

You know, like every repub used to say when it was they demanding that the dems pay for things, whether or not they liked them. The tax bill added very significantly to the deficit. Almost all dems opposed it. Yet once it was an obligation, they joined the repubs in saying “ok, we’ll pay for what we bought”.

The debt ceiling should not even exist. It merely provides an option for reckless politicians willing to do anything for power to drive the country into a ditch.

(In response to this post by Hoodafan)

Posted: 09/29/2021 at 1:56PM



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Current Thread:
  I assume yes. I know Pelosi is trying -- WahooMatt05 09/29/2021 1:28PM
  I firmly believe that the dems should be heading down the -- hoolstoptheheels 09/29/2021 1:19PM
  I'm pretty much there too. ** -- 81_Hokie 09/29/2021 1:08PM
  Really. Politics is such a strange game. -- hoolstoptheheels 09/29/2021 12:59PM
  But fixing our roads is good for the people. -- hoolstoptheheels 09/29/2021 1:04PM
  The infrastructure projects are way down the road -- WahooMatt05 09/29/2021 1:16PM
  Can you show me where Sinema and Manchin promised to support -- hoolstoptheheels 09/29/2021 1:47PM
  I’ll have to agree to disagree. -- hoolstoptheheels 09/29/2021 2:14PM
  Here’s AOC on it -- WahooMatt05 09/29/2021 2:16PM

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