The Debt Limit is Now
A piece of history is happening right now, tonight, this weekend. The battle over whether America will default on its obligations, for the first time in history, is coming to a head. On the one side are Republicans, who want to tie a restructure of Federal spending to raising the debt ceiling. On the other are the Democrats, who insist there should be revenue increases if there are to be spending cuts. In the middle are a variety of contradictory polls on how the American people feel about it.
This is the place to discuss these historic events, the political strategies, the consequences for the future of America and of the world.
- Boehner breaks off U.S. debt limit talks (business.financialpost.com)
- Dueling Debt Ceiling Polls (andrewsullivan.thedailybeast.com)
- America’s Magic Mountain (whitelocust.wordpress.com)
- Obama takes his ‘raise the debt ceiling’ campaign on the road (waronterrornews.typepad.com)
About dcpetterson (186 posts)
D. C. Petterson is a novelist and a software consultant in Minnesota who has been writing science fiction since the age of six. He is the author of A Melancholy Humour, Rune Song and Still Life. He lives with his wife, two dogs, two cats, and a lizard, and insists that grandchildren are the reward for having survived teenagers. When not writing stories or software, he plays guitar and piano, engages in political debate, and reads a lot of history and physics texts—for fun. Follow on Twitter @dcpetterson