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The Watercooler
Anyone else worried about a possible govt. shutdown/no social security checks?
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<blockquote data-quote="BusynMember" data-source="post: 446726" data-attributes="member: 1550"><p>Usually there is no big fight over raising the debt ceiling. During Reagan they raised it 21 times and under Bush seven. I'm not quite sure why they are willing to default now, unless it's just a political game of chess. Obama has warned that without the debt ceiling raised there simply will not be enough money to pay out everything that needs to be paid and he specifically mentioned social security and vet benefits, but it goes much further than that. I am not sure why any politician would risk our country's financial ruin, but we certainly do need to stop spending so much! And I'm not sure why Obama is scaring seniors or vets except maybe to play political games...even if it's true, he could have pointed to other government programs as examples. I'm not happy with either party right now so I'm not taking sides.</p><p></p><p>If they actually do come to an agreement, the most popular one (and I say "popular" loosely) would give Obama the ability to raise the debt ceiling twice before 2012 and our next presidential election. At the same time, he would have to name where he is going to cut an equal amount of spending. How well that would stick, I don't know.</p><p></p><p> Now we have Americans who believe, and have a right to believe, that we should just not raise the debt ceiling and nothing will happen (I think that's true if you have nothing invested in the government, although the stock market is supposed to crash too if this happens). So the politicans are playing to their particular constituents and I'm mad at all of them for scaring the most vulnerable of us. And if it actually happens...we could very well go into a real depression. Scary stuff. I am keeping a close eye on this, but I'm sort of a politics junkie, so I usually know way too much. I wish I didn't know this...there is nothing I can do about it.</p></blockquote><p></p>
[QUOTE="BusynMember, post: 446726, member: 1550"] Usually there is no big fight over raising the debt ceiling. During Reagan they raised it 21 times and under Bush seven. I'm not quite sure why they are willing to default now, unless it's just a political game of chess. Obama has warned that without the debt ceiling raised there simply will not be enough money to pay out everything that needs to be paid and he specifically mentioned social security and vet benefits, but it goes much further than that. I am not sure why any politician would risk our country's financial ruin, but we certainly do need to stop spending so much! And I'm not sure why Obama is scaring seniors or vets except maybe to play political games...even if it's true, he could have pointed to other government programs as examples. I'm not happy with either party right now so I'm not taking sides. If they actually do come to an agreement, the most popular one (and I say "popular" loosely) would give Obama the ability to raise the debt ceiling twice before 2012 and our next presidential election. At the same time, he would have to name where he is going to cut an equal amount of spending. How well that would stick, I don't know. Now we have Americans who believe, and have a right to believe, that we should just not raise the debt ceiling and nothing will happen (I think that's true if you have nothing invested in the government, although the stock market is supposed to crash too if this happens). So the politicans are playing to their particular constituents and I'm mad at all of them for scaring the most vulnerable of us. And if it actually happens...we could very well go into a real depression. Scary stuff. I am keeping a close eye on this, but I'm sort of a politics junkie, so I usually know way too much. I wish I didn't know this...there is nothing I can do about it. [/QUOTE]
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Anyone else worried about a possible govt. shutdown/no social security checks?
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