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Congressional Republicans manufactured our default crisis: Frisch

July 17, 2011

Conflating the raising of the debt ceiling with a budget compromise is in itself a false choice. While in the long-term, the federal debt certainly does pose a problem, currently the United States can still easily meet its debt obligations. If the United States goes into default, it will not be because of the economics, but because of the stupid, insane Republican politics behind the issue.


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