Thread: Economics The Debt Ceiling Approacheth
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Old 01-07-2013, 03:02 PM   #60
Direckshun Direckshun is offline
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Quote:
Originally Posted by mlyonsd View Post
I've been talking about it since Bush was president.

When you said 'we' I thought you literally meant the rest of the public and MSM. Democrats raised the debt ceiling when they were totally in power, I don't recall any giant worry about it then by them. Why? Because the dems could do anything they wanted, which is tough luck since they won the 2008 elections.
Ah, so in no way that we can effectively measure. "The public" and "the media" -- great amorphous villains that have no metric by which we can measure them.

The Democratic Party (myself included) complained about Bush running up the deficit after inheriting the Clinton surplus, mostly in his first term. The media covered this. Once the recession hit and Obama took the reins, Republicans complained about huge Obama deficits. The media covered this. If you disagree, please say so. That'd be pretty disingenuous, because we've both been there for both.

I don't know on what planet in which century you believe the media has been ignoring the debt, but my guess is you don't either. It's just easier to claim that bullshit and pin it on "the public" and "the media" without having to actually back that up.

The reason there's never been any stink about raising the debt ceiling is because it's a bullshit tool that accomplishes nothing (it reminds us to "have a conversation," according to you) while threatening the global economy, and single-handedly damaging America's credit.

The pro/con of that is so hilariously lopsided that nobody's dared to teeter on the brink of default until Republicans went full retard in the summer of 2011.
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