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Old 08-03-2011, 10:57 PM
Sulla the Dictator Sulla the Dictator is offline
 
Join Date: Mar 2011
Location: Las Vegas, NV
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Default Re: Debt Ceiling Hypothetical

Quote:
Originally Posted by apple View Post
Suppose that after the 2006 elections, Democrats were so "concerned" about the deficit, that they refused to raise the debt ceiling, unless Bush would agree to a repeal of his tax cuts. Of course, Bush would not agree. So the Democrats refused to raise the debt ceiling, and the country went into default.

Whose fault would that be?
You know what the solution to this "problem" is? To not require the debt ceiling to be raised. So lets stop with the LIE of being a mature, grown up people and get RID of the debt ceiling, or lets balance the budget.
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