President Obama takes the debt-ceiling case to the students at Univ. of Maryland – 7.22.11
No doubt, while nobody wants to have more debt than they can pay for……..in a capital system, it is not the end of the world. As a matter of fact, it really is a non-issue. Look at historic data of debt-ceiling increasing and you might be surprised. The very people who are raising cane about increasing the limit, had no problem in supporting wars which went UNFUNDED, as well as increasing the ceiling 7 times under Bush. Reagan’s increase was more. We all know the fuss is not about the debt ceiling issue, but the simple red-herring of not cooperating with President Obama UNDER ANY CIRCUMSTANCE. Most, are aware the real reason of this bs!!