Saturday, August 08, 2009

A Debt Limit That Isn't A Debt Limit

What's the point of having a "debt limit", when you're simply going to raise it everytime you approach it? That really makes it meaningless. They should either make sure to take it seriously and limit the deficit or anolish the so-called debt limit. Having a "debt limit" that never limits the debt is just silly, to put it mildly.


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