The debt ceiling’s already been raised 70 times without a problem – until Obama…(“Guardian” blogger.)
If raising the debt ceiling is “without a problem”, I am mystified as to why bother with one at all? Let’s all just keep borrowing ad infinitum …… after all, the more you borrow, the more your lenders are chained to your survival – as we have seen with the smug EU elite bailing out Greece to save French and German banks.
No, I’m against any debt ceilings …. on and up to infinity and beyond … YIPPEE …..
And inspired by this infinite elasticity of debt ceilings I’m off to see my bank manager to negotiate the removal of my own debt ceiling. If ONLY I’d thought of this before!!