Quote:
Originally Posted by flere-imsaho
What have all the debt ceiling crises of the past 10 years (since the advent of the Tea Party) accomplished, in your mind? Is public discourse on debt and deficits more or less constructive now than, say, 20/30/40 years ago?
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The first crisis I remember was in the 90s with Gingrich. I do credit that battle with getting me more aware of the Debt.
I know the 2011 fight was also nasty but let’s call it even. Or in other words, compared to the 90s, the multiple crises since then are the same or not as bad.
On your question of public discourse on debt (the Egg) I’d say it’s definitely worse. But I doubt debt ceiling fights are the cause of that. It’s more overall politics, extremism, the train at the end of the tunnel is getting closer etc. (the Chicken) that makes debt ceiling fights less constructive … aka the Chicken before the Egg.
So to restate my point. I don’t disagree that debt ceiling don’t stop or reduce spending, thats the budget and Congress’ fault, along with the President. My point is it brings continuous awareness (hey remember to pay your bills in 5 days) to the general public and there is worth in that.
What is your stance? No need for debt ceilings because …?