Quote:
Originally Posted by dellinger63
with talk of yet another stimulus the last thing this President needs is a higher debt limit. Maybe the raising of the debt limit and by how much should be a monthly decision until we get it under control and Obama gets control of his habit?  |
1) This country is in a stagnant recession with stagnant unemployment, and needs a massive jobs bill.
2) Economics 101: You do not cut spending, stop money flow, in a recession.
3) The debt ceiling raise is to continue paying bills we already owe, and has nothing to do with any future spending.
4) The House initiates spending. The President of the United States does not have the money. Congress does.
5) You apparently need an "America 101" course to figure out how this country works, as you clearly don't know.