It’s amazing. Everything I’ve believed about financial responsibility seems to only be for the little people. Public anything has different rules. Public as in government and publicly owned corporations.
splurge
October 4, 2018 4:15 pm
They seem to think it’s the foundation of heaven
MadMike
October 4, 2018 4:46 pm
The “ceiling” will be the amount of debt when the whole damn thing explodes.
TC
October 4, 2018 5:22 pm
Oh, they understand perfectly. That’s just their way of convincing the voters (whose collective political memory seems to last no more than about 4 months) that they’re only going to get the tip of the dick.
Government-speak. A debt ceiling is a target spending plan. The proles think it’s a red line, it’s actually like first base with a woman, men look forward to getting to third. EC
mark branham
October 4, 2018 9:01 pm
Do you people not realize that debt equals money in our pockets??? There can be NO MONEY without debt in a debt-money monetary system! With a so-called balanced budget, NO NEW MONEY WOULD BE CREATED. Debt means money… that’s the way it works.
pyrrhus
October 4, 2018 9:35 pm
Politicians, probably correctly, figure that any significant cuts will cause them to lose the next election.So the spending keeps ramping up..Democracy in action.
Long time Lurker
October 4, 2018 9:59 pm
Debt Ceilings are at new, permanently high plateau! – Irving Fisher
Hollow man
October 4, 2018 10:43 pm
I am just going to laugh at the graphic. If I look at it to long I will cry. Man this is going to hurt for generations and with the current political climate. It is going to be a big mess for us.
steve
October 5, 2018 10:40 am
If exponentially increasing debt isn’t continued the system collapses. We are reaching the end of this hockey stick momentum to dizzying heights. All I can say is “look out below”. Precious metal will soon be unobtainable and they are one of the few means to get through this imminent implosion.
It’s amazing. Everything I’ve believed about financial responsibility seems to only be for the little people. Public anything has different rules. Public as in government and publicly owned corporations.
They seem to think it’s the foundation of heaven
The “ceiling” will be the amount of debt when the whole damn thing explodes.
Oh, they understand perfectly. That’s just their way of convincing the voters (whose collective political memory seems to last no more than about 4 months) that they’re only going to get the tip of the dick.
Government-speak. A debt ceiling is a target spending plan. The proles think it’s a red line, it’s actually like first base with a woman, men look forward to getting to third. EC
Do you people not realize that debt equals money in our pockets??? There can be NO MONEY without debt in a debt-money monetary system! With a so-called balanced budget, NO NEW MONEY WOULD BE CREATED. Debt means money… that’s the way it works.
Politicians, probably correctly, figure that any significant cuts will cause them to lose the next election.So the spending keeps ramping up..Democracy in action.
Debt Ceilings are at new, permanently high plateau! – Irving Fisher
I am just going to laugh at the graphic. If I look at it to long I will cry. Man this is going to hurt for generations and with the current political climate. It is going to be a big mess for us.
If exponentially increasing debt isn’t continued the system collapses. We are reaching the end of this hockey stick momentum to dizzying heights. All I can say is “look out below”. Precious metal will soon be unobtainable and they are one of the few means to get through this imminent implosion.
https://goldswitzerland.com/trump-will-grow-us-debt-exponentially/