8 ms·

There's only one side holding the debt ceiling hostage, it's just a conservative problem.

gjsman-1000 3y ago
Ironic, considering they literally had the power to raise the debt ceiling for two years while they were in Congress. But it's too much to ask that they have less than a year of foresight. https://www.axios.com/2023/05/23/democrats-debt-ceiling-regrets https://www.axios.com/2023/05/23/democrats-debt-ceiling-regr...
- favorited 3y ago
  The would have needed Manchin's support, and without periodic debt ceiling emergencies he wouldn't get as much airtime to advocate for cuts. https://www.washingtonpost.com/opinions/2023/02/07/joe-manchin-debt-limit-spending/ https://www.washingtonpost.com/opinions/2023/02/07/joe-manch...
kykeonaut 3y ago
Agreed. Although progressive politicians, or as I like to call them, the right-light, do contribute their fair share of problems.
cogman10 3y ago
It's also a democrat problem in that when dems get power they haven't just decided to eliminate the debt ceiling all together. But then, that's because moderate/conservative democrats have decided it's to scary to eliminate the debt ceiling (there's not enough votes for that). So maybe still a conservative problem but not entirely a republican problem.
zer8k 3y ago
Raising the debt ceiling isn't righteous. The dollar is almost exclusively backed by two things: the petrodollar and the subsequent ability to open the gates of hell in order to defend it. We are right to consider why we are a primarily export-based economy with a dollar tied so tenuously to oil. Blaming Republicans, when in fact it's a problem of crony-capitalism, is somewhat shortsighted. Some of the richest, filthiest, congresspeople are Democrats. To assert it's one-sided is very sound-bite politics of you. I would go to open secrets and see just how equal congresspeople are in exploiting the national debt for political and financial gain.
- piva00 3y ago
  The debt ceiling needs increasing when the budget that was already approved needs money. If the contentious part is not spending so much then those Republicans shouldn't have approved the fucking budget at first. This line of reasoning makes no sense... Holding the debt ceiling hostage is just posturing, and from your comment and some others it really seems to work even in seemingly intelligent people, imagine with the rest of the voters?

Ironic, considering they literally had the power to raise the debt ceiling for two years while they were in Congress. But it's too much to ask that they have less than a year of foresight. https://www.axios.com/2023/05/23/democrats-debt-ceiling-regrets https://www.axios.com/2023/05/23/democrats-debt-ceiling-regr...

favorited 3y ago
The would have needed Manchin's support, and without periodic debt ceiling emergencies he wouldn't get as much airtime to advocate for cuts. https://www.washingtonpost.com/opinions/2023/02/07/joe-manchin-debt-limit-spending/ https://www.washingtonpost.com/opinions/2023/02/07/joe-manch...

kykeonaut 3y ago

Agreed. Although progressive politicians, or as I like to call them, the right-light, do contribute their fair share of problems.

cogman10 3y ago

It's also a democrat problem in that when dems get power they haven't just decided to eliminate the debt ceiling all together. But then, that's because moderate/conservative democrats have decided it's to scary to eliminate the debt ceiling (there's not enough votes for that). So maybe still a conservative problem but not entirely a republican problem.

zer8k 3y ago

Raising the debt ceiling isn't righteous. The dollar is almost exclusively backed by two things: the petrodollar and the subsequent ability to open the gates of hell in order to defend it. We are right to consider why we are a primarily export-based economy with a dollar tied so tenuously to oil. Blaming Republicans, when in fact it's a problem of crony-capitalism, is somewhat shortsighted. Some of the richest, filthiest, congresspeople are Democrats. To assert it's one-sided is very sound-bite politics of you. I would go to open secrets and see just how equal congresspeople are in exploiting the national debt for political and financial gain.

piva00 3y ago
The debt ceiling needs increasing when the budget that was already approved needs money. If the contentious part is not spending so much then those Republicans shouldn't have approved the fucking budget at first. This line of reasoning makes no sense... Holding the debt ceiling hostage is just posturing, and from your comment and some others it really seems to work even in seemingly intelligent people, imagine with the rest of the voters?