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I gather you didn't read the papers regarding the POLITICAL climate inspired downgrade. And. . .if we do got off the cliff, and if we do not raise the debt ceiling and we do not meet our obligations to our debtors, the FIRST thing that will happen is another credit downgrade and a BIG rise in interest rate. Is that what you think is "smart economics?" Where did you get your economics education?
I gather you didn't read the papers regarding the POLITICAL climate inspired downgrade.
And. . .if we do got off the cliff, and if we do not raise the debt ceiling and we do not meet our obligations to our debtors, the FIRST thing that will happen is another credit downgrade and a BIG rise in interest rate.
Is that what you think is "smart economics?" Where did you get your economics education?