Forbes (January 20)
2013/ 01/ 22 by jd in Global News
In the U.S., the debt-ceiling has become a dangerous bargaining chip, which should be eliminated. “A nation cannot simply spend and spend. Yet the conversation about growing more pennywise must be divorced from the one about the debt limit. By the time talk turns to the ceiling (currently more than $16 trillion), the bills already exist—and pols are basically advocating for dine-and-dash en masse. Better to accrue fewer to start than use a devastating event to pressure the spending conversation.”
Tags: Bills, Debt ceiling, Spending, U.S.
