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Raising the Debt Ceiling

Name: Anonymous 2011-07-23 2:08

Tea partiers, What the fuck is wrong with you? You're about to cause the US treasury to default on its loans. Isn't that exactly the kind of shit a fiscal conservative would want to prevent?

Name: Anonymous 2011-08-20 21:50

When the economy grows and revenues increase, the national debt decreases. I hope the government slashes the defense budget, increases taxes on the rich and large companies, and spends much money on productive fields.

Austerity measures lower the rate of economic growth. Look at the EU. Their economies look stagnant. Austerity measures have been torturing Greeks.

The ECB has started to buy large quantities of government bonds, but Greek government bond yields have not fallen. There is good reason for the plunge in stock prices.

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