Quote:
Originally Posted by nikimcbee
I'd say, they need to take the scissors to the bamster's credit card.
|
yeah but at what cost? risking a default of the worlds largest economy and issuer of the worlds reserve currency?
Talk about cut of your nose to spite your face.... That's not cutting up a credit card, thats pulling the plug out of America and the global economy
I don't know how Obama care is being funded, and I REALLY don't get the thinking behind any new expenditure when you are already 16+ trillion in the red.
But IMO Anyone still obsessing about Obama care or any other partisan garbage at this stage of the game could really use slap in the face.... with a chair. (given what is at stake here)
I'm not saying its best to just kick the can down the road indefinitely. Sure you need to pick the can up and fix it, but kicking it over the edge of the cliff will be a disaster.
The debt ceiling needs go up and then controlled cuts need to be made, that is the only sensible option in my mind.