Obama storms out of debt ceiling talks (user search)
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  Obama storms out of debt ceiling talks (search mode)
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Author Topic: Obama storms out of debt ceiling talks  (Read 5488 times)
Fmr. Pres. Duke
AHDuke99
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Posts: 24,195


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E: -1.94, S: -3.13

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« on: July 14, 2011, 02:11:04 PM »

Unless we want our credit rating cut, default on our loans and see our stock market tumble 1500 points, we will raise the debt limit. This isn't the time to play politics, and while raising it is unpopular, most of the public doesn't understand what is at stake.

We raise it now, cut spending and perhaps raise taxes on the upper income brackets. We shouldn't raise them on the midde class because frankly, they are hurting enough and lack any disposable income to speak of. Either way, we have to reign in our spending and debt or we will be in serious trouble.
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Fmr. Pres. Duke
AHDuke99
Atlas Star
*****
Posts: 24,195


Political Matrix
E: -1.94, S: -3.13

P P
« Reply #1 on: July 14, 2011, 02:19:06 PM »

Unless we want our credit rating cut, default on our loans and see our stock market tumble 1500 points, we will raise the debt limit. This isn't the time to play politics, and while raising it is unpopular, most of the public doesn't understand what is at stake.

So when did you turn into a leftist and start hating 'the people'?

I've always hated the people, Marokai. You didn't know that? Wink

As for being a leftist, this is more common sense than anything. If we can stop trying to put politics and ideology over it and study a little economics, more of the public would be in favor of raising the limit. it must be done! For the good of the people.

How's that for a little populism? Tongue
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