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Last Topic: 7:01:15pm, 04/21/2023
Last Post: 8:00:00pm, 05/06/2023
LordoftheMorons posted...
The debt limit is not a reasonable thing to hold hostage for negotiation. Breaching it will cause a global economic catastrophe.
Maybe a global economic catastrophe is actually a good thing, though? It would solve our inflation problems, it would force workers to accept lower wages, it would provide a great excuse to give money to the wealthy, and it could potentially force the US to make massive permanent cuts to popular government spending. Considering how much some people would gain from it, it's surprising we don't default on our debt every year.---
Congrats to 2020 GotD Guru champ azuarc!