Thread: Economics The Fiscal Cliff Approacheth
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Old 12-03-2012, 08:26 PM   #368
Direckshun Direckshun is offline
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Quote:
Originally Posted by patteeu View Post
It's better to figure out a way to stop deficit spending.
Except that it's not. Not remotely.

We've deficit-spent liberally for decades now with a debt ceiling cap we've moved at will.

The United States has dealt with debt crises in the past without some arbitrary ceiling.

There is literally no reason for it to exist.
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