Poll

Should we raise the Debt Limit?

Yes
4 (30.8%)
No
8 (61.5%)
I really dont know
1 (7.7%)

Total Members Voted: 13

Author Topic: The Debt Limit. Should we raise it... or not? and WHY?  (Read 1606 times)

Offline ViseGrip

  • LXP
  • Get a Job
  • *
  • Posts: 36881
    • View Profile
The Debt Limit. Should we raise it... or not? and WHY?
« on: February 10, 2011, 07:12:44 PM »
Should our elected representatives in Washington agree to another hike in the Debt Limit? What will happen if they do? What will happen if they dont?

Discuss.

(If you are offering an opinion thats ok....just identify it as such)
« Last Edit: February 10, 2011, 07:14:11 PM by ViseGrip »
"The first lesson of economics is scarcity: There is never enough of anything to satisfy all that want it. The first lesson of politics is to disregard the first lesson of economics" -Thomas Sowell

Offline ctc

  • Get a Job
  • *
  • Posts: 17796
    • View Profile
Re: The Debt Limit. Should we raise it... or not? and WHY?
« Reply #1 on: February 11, 2011, 12:38:57 PM »
I voted "no".  Now is the time to buckle under and live within our means.  If they raise it up, based upon continued hallow promises of fiscal responsibility to follow, they will continue to repeal and repeat and repeat.  Now or never.
"We can state with conviction, therefore, that a man's support for absolute government is in direct proportion to the contempt he feels for his country" - Alexis de Tocqueville

RYou

  • Guest
Re: The Debt Limit. Should we raise it... or not? and WHY?
« Reply #2 on: February 28, 2011, 10:40:28 PM »
Is there a limit right now?  Coulda fooled me.