The consequence of default would crank up borrowing costs and flush the US economy back into the toilet of recession.
With all of the information that is available, the public remains confused. It may have to do with the sources of their information, but the latest polling data says that 47 percent of Americans say their greater concern is that raising the debt limit would lead to higher government spending and make the national debt bigger, while 42 percent say their greater concern is that not raising the limit would force thegovernment into default and hurt the economy. Additionally, 74 percent of Republicans and GOP-leaning independents who agree with the tea party faction of the party say their bigger concern is that raising the debt limit would result in more spending, compared to 58 percent of those who do not agree with the faction.…
Article comments
26 - roger nowosielski
Unfortunately, zinger's diatribe can't be taken seriously. He's one of the multitude that Mencken was referencing. Consequently, he's limited in his response to nothing other than denial.
Happy argumentation, guys.
27 - zingzing
see, clavos, that's how you do condescension. you utterly dismiss something while clearly not having bothered to get the point. that's good stuff. roger's ability to go from point a to wherever the fuck he thinks he can get a insult in is a true gift. of course, if he had any dignity, he'd shit in the bathroom, but that's not for roger, no...
28 - Clavos
's okay, zing. i obviously got your goat, so I'm happy.
29 - handyguy
Gloating about how successful you are at being obnoxious...that's truly edifying. Ugh.
30 - Clavos
So sorry I don't measure up to your lofty standards, handy...
31 - zingzing
nah, clavos, you didn't get close to my goat. roger certainly did, but that's all the sniveling little... ahem. anyway. your bit on obama being boring just needed pointing out. after all the ridiculous, hyperbolic attacks on obama, it was actually kinda nice to see one so laughably opposing of the mock horror and macabre predictions of america's demise we see so commonly from the right. the man who wants to destroy america is boring. you guys need to make up your damn mind.
32 - Clavos
Sorry, zing, but you've confused me with someone else; your boy's not out to destroy america, he's out to turn it into a progressive democracy, which would be ok except fully half the people don't want that and the other half want to be nurtured and coddled by ol' uncle sammy.
Me, I find him boring and lately he seems like he really doesn't know how to run the ol' ship of state, but hey, who cares, he's a progressive, right?
33 - zingzing
"he's out to turn it into a progressive democracy, which would be ok except fully half the people don't want that and the other half want to be nurtured and coddled by ol' uncle sammy."
there's no full "half the people" of america who give a shit. how many people really vote in elections? 40%, if that? i know there's plenty of kids and people not old enough to vote, but really, half the people in america don't care enough about politics to get off their ass and vote. there's more people who couldn't give two fucks than there are that hate the idea of a "progressive democracy," whatever that means.
and if you think "the other half" (aka, i'm supposing, progressives,) want to be nurtured and coddled by the gov't, you don't know what the other half want. generalizations are useful, but notoriously faulty.
"Me, I find him boring and lately he seems like he really doesn't know how to run the ol' ship of state, but hey, who cares, he's a progressive, right?"
yep. that's right. everything is just that simple. (that's sarcastic.)
when's the last time you thought any president knew "how to run the ol' ship of state?" especially, if it's only "lately," when did you think obama did?
as for "my boy," i probably disagree with him as often ("often" is the key word) as you do, if on the opposite end of the question. he's not doing enough, and he's giving half measures in order to appease the right wing of america politics. but that's politics. he's no dictator. i understand that.