Gridlock in Washington

[kcshocker11]

Actually, Obama took the keys from the Republicans, they were in the back, remember?

The Democrats, singlehandedly, enacted the legislation in question. They still don't know how to negotiate. Democrats don't know how to play nice in the sandbox and Republicans are using their ONLY means to get them to the table.

Debt ceiling does not have a place at the table, Again this is Congress debt and it is their responsibility to pay for it. This is not a bargaining chip. If you rack up the bill and dont pay it your a bum or in this case our congress

[MoValley John]

Debt ceiling does not have a place at the table, Again this is Congress debt and it is their responsibility to pay for it. This is not a bargaining chip. If you rack up the bill and dont pay it your a bum or in this case our congress

Didn't Obama, when he was a Senator, vote against raising the debt ceiling? Didn't the Democrats hold Bush hostage over the debt ceiling?

But when roles are reversed, I guess it's all different.

[kcshocker11]

Didn't Obama, when he was a Senator, vote against raising the debt ceiling? Didn't the Democrats hold Bush hostage over the debt ceiling?

But when roles are reversed, I guess it's all different.

No its not different, both are and were wrong. For perspective though the Senate Dems could have filibustered which would have caused the Senate to need 60votes that they didnt have. They choose not to. The Dems decided our country was more important than their ideology Pay your bills.

[WuDrWu]

Didn't Obama, when he was a Senator, vote against raising the debt ceiling? Didn't the Democrats hold Bush hostage over the debt ceiling?

But when roles are reversed, I guess it's all different.

@kcshocker11: thoughts?

[WuDrWu]

nm

[MoValley John]

No its not different, both are and were wrong. For perspective though the Senate Dems could have filibustered which would have caused the Senate to need 60votes that they didnt have. They choose not to. The Dems decided our country was more important than their ideology Pay your bills.

Actually, the Dems made W compromise. The Dems forced concessions. This is similar to the Dems holding Bush's dad hostage on his pledge not to raise taxes. Once Bush raised taxes and the Dems won, Clinton used the "Read my lips, no new taxes." as an election sound bite. Bush caved and his compromise was used against him.

Fast forward to now and I find it funny that dems are offended when the same tactics are used against them.

[Kung Wu]

Debt ceiling does not have a place at the table,

Sure it does, otherwise it would be automatic and we wouldn't be having this discussion.

[MoValley John]

Sure it does, otherwise it would be automatic and we wouldn't be having this discussion.

That is far too clean and concise of an explanation.

[Kung Wu]

No its not different, both are and were wrong. For perspective though the Senate Dems could have filibustered which would have caused the Senate to need 60votes that they didnt have. They choose not to. The Dems decided our country was more important than their ideology Pay your bills.

I'll bet you ten bones you didn't say it was wrong when it was happening and defended it. But now that it's expedient to say it was wrong your tune has changed. I might even go 15 bones if the Shockernet search engine goes that far back.

I'm good for the ten bones if you take me up on it!

[MoValley John]

Anyone want in on a side bet?

[kcshocker11]

Sure it does, otherwise it would be automatic and we wouldn't be having this discussion.

No it doesnt, whether GOP or Dems it has no place at the table. Pay your bills.

[MoValley John]

No it doesnt, whether GOP or Dems it has no place at the table. Pay your bills.

So then, why doesnt the raising of the debt ceiling automatically occur?

[Kung Wu]

So then, why doesnt the raising of the debt ceiling automatically occur?

Because of greedy corporations and banks and war mongering androids that blast out Fox News talking points over loud speakers, maaan. #OccupyAutoDebtCeilingUnlessRequiredToFundConserva tiveStuff

[SB Shock]

Pay your bills.

Who you kidding - the country can't pay their bills, only borrow and print more money. That is the whole point of this excersise.

[kcshocker11]

So then, why doesnt the raising of the debt ceiling automatically occur?

It occurs because you spent that amount in the previous fiscal year. If you want less spend less and no increase in debt ceiling will occur the next fiscal year. Pay your bills that you have already accrued. Again when Dems do it its wrong, when GOP does it its wrong


http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/04/absolutely-everything-you-need-to-know-about-the-debt-ceiling/

Good question! Back when the debt ceiling was first adopted in 1917, it was arguably a useful device for Congress to prevent the president from spending however much he wanted. But since 1974, Congress has created a formal budget process to control spending levels.As such, many observers don't see why there's a need for Congress to separately authorize borrowing for spending that Congress has already approved — especially when a failure to lift the debt ceiling would be so devastating. Indeed, between 1979 and 1995, the House simply lifted the debt ceiling automatically as soon as it approved a budget (a process known as the "Gephardt rule").It's also worth noting that most modern democracies seem to do just finewithout explicit borrowing limits, including Britain, Canada, Germany, Japan, Australia, and France. (The one other exception is Denmark, but its debt ceiling always gets raised without incident.)For what it's worth, here's a long list of experts who think the United States should just abolish its debt ceiling altogether. In a January survey of academic economists by the University of Chicago, 84 percent agreed that having a debt ceiling "creates unneeded uncertainty and can potentially lead to worse financial outcomes.” But no one listened to them, so here we are.