Skip to content

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.

Source:
http://www.nj.com/hudson/voices/index.ssf/2011/07/congressional_republicans_manu.html

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: