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View Poll Results: Should we raise the debt ceiling
Sure it's no big deal 16 38.10%
NO, cut the ****ing spending, we have enouh income, we simply spend to much. 26 61.90%
Voters: 42. You may not vote on this poll

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Old 07-12-2011, 02:23 AM #1
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Debt ceiling

.
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Old 07-12-2011, 02:28 AM #2
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Bang up choices there bob.
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Old 07-12-2011, 02:28 AM #3
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Old 07-12-2011, 02:33 AM #4
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^rofl Ily carl.
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Old 07-12-2011, 02:39 AM #5
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I agree with this guy:

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Old 07-12-2011, 02:54 AM #6
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Quote:
Originally Posted by Swerve22 View Post
I agree with this guy:

He realizes he's in that "Leadership" role right?
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Old 07-12-2011, 03:17 AM #7
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So, I just think we need to stop paying all those obligations entirely so we can see the world economy collapse
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Old 07-12-2011, 04:04 AM #8
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Quote:
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So, I just think we need to stop paying all those obligations entirely so we can see the world economy collapse
Protip: Payment of obligations is constitutionally mandated - they get paid first before other spending. In dummy terms that means Barry is lying to you when he acts like the world will end if the debt ceiling doesn't get raised.
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Old 07-12-2011, 04:07 AM #9
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Protip: posting a macro isn't making a point
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Old 07-15-2011, 02:25 PM #10
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Quote:
Originally Posted by Swerve22 View Post
Protip: Payment of obligations is constitutionally mandated - they get paid first before other spending. In dummy terms that means Barry is lying to you when he acts like the world will end if the debt ceiling doesn't get raised.
Yes but where the money goes first and who gets paid first is a discussion this nation has never had to make before. Our credit rating and currency would devalue quickly, and discussions could lead to if the American dollar should still be the world's backed currency. It's a situation that I think the president and most Americans would want to avoid, if we can. Although there are some on the right who would do as you claim: make short term payments now to those who constitutionally are obligated to it, while shirking those who are not.
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Old 07-15-2011, 04:00 PM #11
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Guys, raising the debt limit is too disastrous. Defaulting and lowering our federal credit ratings is the only positive outcome.
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Old 07-15-2011, 04:32 PM #12
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Quote:
Originally Posted by AlphaNeo36 View Post
Guys, raising the debt limit is too disastrous. Defaulting and lowering our federal credit ratings is the only positive outcome.
Reread your 14th amendment.
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Old 07-15-2011, 06:25 PM #13
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Old 07-15-2011, 06:30 PM #14
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Raise away who gives a ****
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Old 07-15-2011, 06:36 PM #15
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Old 07-15-2011, 07:18 PM #16
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Too bad it won't do anything to fix the economy.
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Old 07-15-2011, 08:44 PM #17
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It won't make it worse.
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Old 07-15-2011, 09:14 PM #18
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Given the BS advertised as spending cuts, and the likely tax increases, I disagree.
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Old 07-15-2011, 09:40 PM #19
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expansionary austerity
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Old 07-15-2011, 10:52 PM #20
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What? Define your words, or learn up about how useless fiscal stimulus is.
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Old 07-15-2011, 11:05 PM #21
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When up against the zero lower bound its pretty effective

http://www.kellogg.northwestern.edu/...multiplier.pdf
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