Tuesday, May 23, 2023

Time to start worrying about the debt ceiling

      I have avoided mentioning the debt ceiling crisis because it doesn't lend itself to a few hundred word essay.   Just covering the positions of both sides is mind numbing.   The consensus is defaulting on the debt is almost unspeakably bad and we should do nearly anything to avoid it.   However, negotiating with Republican hostage takers is almost as bad.  

     My own sentiment is the president should declare the debt sacrosanct per the 14th amendment and dare Republicans to challenge that position in court.   End of the entire debt ceiling controversy.  Sometimes, the simplest solution is the best.

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