Vote on Debt Limit increase? - Derby Trail Forums

		Derby Trail Forums > The Steve Dellinger Discourse Den
Vote on Debt Limit increase?

View Poll Results: In the vote to raise the debt limit of the United States, I would
Vote Yes - raise the debt limit	12	37.50%
Vote No - the debt is too high already	15	46.88%
Vote Present - hey, this vote is too hard	5	15.63%
Voters: 32. You may not vote on this poll

Thread Tools

Display Modes

04-19-2011, 05:57 PM

Riot

Keeneland

Join Date: Mar 2007

Posts: 14,153

Quote:

Originally Posted by geeker2

Actually you don't. Just because the debt limit isn't raised it doesn't mean we will not make the interest payment on the debt.

It does mean our credit rating is immediately and permanently impacted, and that interest rate has now skyrocketed. Let alone the impact on the world markets. Thinking there is no serious, long-term consequences is absurdly wrong.

So that's "actually, you do".

__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off

All times are GMT -5. The time now is 05:52 PM.