Tag Archives: debt ceiling

Indignation does little to solve the real problems

The moral indignation expressed by most members of the Democratic Party over the latest episode of looming debt ceiling conflicts is fun to watch. The fabricated anger at GOP insistence on conditioning the habitual increase in the legal federal debt limit on doing something to try to reduce the need for raising it again in a few months makes one wonder if even the kindergarten school of economics has lowered its standards. Continue reading