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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (1401623)5/5/2023 9:31:52 PM
From: Broken_Clock  Read Replies (1) | Respond to of 1576627
 
Finish the Job!




To: Tenchusatsu who wrote (1401623)5/6/2023 12:05:40 AM
From: Wharf Rat  Read Replies (1) | Respond to of 1576627
 
"Wharfie,...Your interpretation of the 14th amendment is wrong. "
That wasn't me, but, now that you mention it, let's get rid of the limit. The only other country with one is Denmark. The only purpose it serves is to give ne'er-do-wells the opportunity to hold the economy hostage.

Re your meme..Trump says he did $2T deficits. Did you post a similar one for him?

Trump's most enduring legacy could be the historic rise in ...

Jan 14, 2021 — It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy.



To: Tenchusatsu who wrote (1401623)5/6/2023 1:46:54 AM
From: Jeff Hayden  Read Replies (2) | Respond to of 1576627
 
The debt limit doesn't invalidate public debt. It just limits the amount of federal spending.

Who said anything about invalidating the public debt? The 14th amendment simply states the country shall pay the bills it has accrued to date.

By the way, no one has challenged the constitutionality of that debt ceiling law for decades.
Yes, but that's no reason not to remove the debt ceiling "law". The illegal law hasn't been challenged because none of the legislators wanted to be singled out as an "uncontrolled spender". Poor excuse, we don't need such a conflict to the stated constitution.

We've got enough problems with the interpretation of the 2nd amendment's guns and militias mucking up the constitution.

As an interesting aside, the debt is shrinking due to inflation.