|
How does defaulting benefit anyone?
At the best, it's a stupid show of power by the minority within the minority power. Like Pissing in the corner just to show you can. I mean's nothing and will not cause anything to be fixed any faster. It's symbolism of the worst kind.
At the worst, Credit and interest rates sky rocket and regular people, who have done nothing to deserve this display of arrogant posturing have their accounts and finances affected at a time when it is the least helpful.
Raise the debt ceiling, get the economy going and then worry about the deficit which is honestly, not that big of a deal. To start cutting programs and entitlements now is equivalent to being 3 years into your four year degree and dropping out rather than taking on another smaller loan. Yes you will have less money you owe in the long run, but you also have wasted 3 years investing in your future with now no pay off.
__________________
"A mind needs books as a sword needs a whetstone"
You're not in over your head, you're out of your comfort zone.
Articles about millennial's will always make me bang my head against the wall. The kids are alright.
|
Threaded Mode
