Politicians quibble while real disaster looms. A funny thing happened on the way to a resolution over raising the nation’s credit limit: The most basic definitions of easy-to-understand words such as “spending,” “increase” and “budget cuts” went out the window faster than Anthony Weiner’s political career. The debt ceiling, which has been set by Congress since 1917, is ... MOREMatt Welch & Nick Gillespie: War Of Debt-Ceiling Analogies
Politicians quibble while real disaster looms. A funny thing happened on the way to a resolution over raising the nation’s credit limit: The most basic definitions of easy-to-understand words such as “spending,” “increase” and “budget cuts” went out the window faster than Anthony Weiner’s political career. The debt ceiling, which has been set by Congress since 1917, is ... MORE