As to the current debate, raising the debt ceiling is encouraging an unsustainable status quo. The U.S. has fundamental structural issues that have not been addressed for decades. They are too numerous to address here but some of the effects are high unemployment, stagflation, unsustainable debt,and several unofficial wars. People are angry and scared. Unfortunately, our leaders have not addressed the foundations of the structural issues that plague the U.S. Therefore, prepare for more of the same in the short, mid, and longterm. In effect we will be much poorer as a nation for our short sited view. Please close the lid when flushing.
Thank you, Gonz, for injecting sanity into this thread. Compromising one's principles because of some misguided notion that that's how politics is "done" has gotten us into this mess. Those who continue to advocate it as a tactic are denying the severity of our predicament.
Politicians do not have any principles. The problem plain and simple is shipping all the jobs out of the country yo get cheap Walmart goods and high profits for the rich. The American worker was sold out by the politiians. Stand up for America and stop globalization.