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5 Bumps

Is it wise to raise the debt ceiling while trying to get spending *under* control, or is that as backwards as it sounds to me?

I shouldn't be surprised considering the source, but how do you feel about the debt ceiling being raised while we try to control our economy? Do you feel it will help or do you feel it will do the opposite and create more economic chaos?

"We must do whatever is necessary to maintain our credibility in the international markets and I don't think that anybody is going to fail to do that. So, the debt ceiling is always a problem. It's something we've got to work through while we get things under control. We know that the debt is a big problem and we want to reduce the debt, get rid of the deficits, but we can not do so while playing games with the full faith and credit of the United States of America,"Rep. James Clyburn (D-SC) told MSNBC's "Morning Joe."

 
QuinnMae

Asked by QuinnMae at 8:58 AM on Feb. 28, 2011 in Politics & Current Events

Level 48 (291,803 Credits)
This question is closed.
Answers (31)
  • That's like giving a teen a bigger credit line on a credit card when they don't know how to say no.

    That's a good summary of the last 4 years, never mind this one time.
    NotPanicking

    Answer by NotPanicking at 9:03 AM on Feb. 28, 2011

  • That's like giving a teen a bigger credit line on a credit card when they don't know how to say no.
    Jademom07

    Answer by Jademom07 at 9:00 AM on Feb. 28, 2011

  • Answer by sweet-a-kins 2 minutes ago

    And your point? Do you ever have anything to contribute besides digging back to find an example of a republican saying something people don't like to deflect from dems doing it? This is a CONGRESSIONAL problem, not a PARTISAN problem, though I realize, you seem to have a lot of difficulty learning the difference.
    NotPanicking

    Answer by NotPanicking at 9:26 AM on Feb. 28, 2011

  • And your point? Do you ever have anything to contribute besides digging back to find an example of a republican saying something people don't like to deflect from dems doing it? This is a CONGRESSIONAL problem, not a PARTISAN problem, though I realize, you seem to have a lot of difficulty learning the difference.


    I haven't been on here long but most of the posts I have seen from this person are the types of things you would see from a child. Kids are always trying to deflect blame and do the whole well they did it first. Seems like a very irrational person who takes politics a bit too personal.
    FricknFrack

    Answer by FricknFrack at 9:36 AM on Feb. 28, 2011

  • That would be assbackwards Quinn.

    jewjewbee

    Answer by jewjewbee at 9:04 AM on Feb. 28, 2011

  • You cannot put a band aid on a band aid on a band aid on a gushing artery. doesnt work. they have GOT to stop throwing money this country does not have on the economy issues. Just like any family in america needs to live within their means or risk ruin later on. America needs to live within her means .
    Satiblue

    Answer by Satiblue at 9:02 AM on Feb. 28, 2011

  • AFTER every other possible cut has been made, including congressional and presidential salaries, and the federal government is functioning on a shoestring budget. AFTER all unnecessary departments are abolished. AFTER all redundancies are eliminated from the military budget. THEN AND ONLY THEN should it be necessary to consider cutting military salaries/bennies.

    No, it's not wise to raise the debt ceiling. If we do, I'm worried they will try to spend it. Cut. Cut. Cut. Yes, it will hurt, and yes there should be priorities. But it needs to be done.
    May-20

    Answer by May-20 at 2:47 PM on Feb. 28, 2011

  • The government wants the economy to fall, it has been the plan for the longest time. How can you get people to let you take away their freedoms unless you cause bad things to happen so that they THINK that they need the protection and watchful eye of the government.
    mrssundin

    Answer by mrssundin at 9:09 AM on Feb. 28, 2011

  • banging head into wallWill they EVER stop? I guess eventually they'd have no damn choice but to stop..too bad we'd all be drug down to the bottom because of their STUPIDITY.

    tnmomofive

    Answer by tnmomofive at 9:38 AM on Feb. 28, 2011

  • We are at the breaking point. If the US was a family, this would be the point where we realize that we can't make our bills with our income.

    Now, a logical choice would be to cut spending to within our means. The next choice would be to increase revenue.

    For some reason, many families (and our stupid ass gov.) Seem to think the answer is getting another credit card.
    lovinangels

    Answer by lovinangels at 10:16 AM on Feb. 28, 2011

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