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The Watercooler
Just how a lot of us are feeling
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<blockquote data-quote="DDD" data-source="post: 449701" data-attributes="member: 35"><p>Wend, you aren't stupid obviously. It is a hugely compicated issue and most of us only grasp parts of the so called plans to cut spending. The "emergency" status we are in now is because the Country is hugely in debt that has accumulated since the end of the Clinton administration. There is a hypothetical (at least in the past, lol) "ceiling" that once again is about to be reached. The Congress has the power to raise the debt ceiling which they have repeatedly over many administrations. If the ceiling is not once again raised our Country will suffer international as well as national consequences which, in turn, will mean that citizens will have a number of consequences. Some of them seem to be dire.</p><p></p><p>The thing is that <strong>this current Congress </strong>(many of them who are new to political office and couldn't possibly understand all the issues in seven months or so) set an idealistic goal of setting a debt limit to overcome all the decades of overspending. Most people think that would be great...including me...<strong>but </strong>they are rapidly trying to undo decades of spending errors too quickly. Thus, a crisis.</p><p></p><p>In our house we have had to reduce debt and attempt to increase income to stay afloat. Neither Party will increase taxes on the wealthiest. Right there, lol, they lose my confidence. in my humble opinion they are all showing impulsivity. They want a victory NOW. Can't wait like many of our kids for the appropriate time to get what they want....even if it causes major problems for others. Sigh. DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 449701, member: 35"] Wend, you aren't stupid obviously. It is a hugely compicated issue and most of us only grasp parts of the so called plans to cut spending. The "emergency" status we are in now is because the Country is hugely in debt that has accumulated since the end of the Clinton administration. There is a hypothetical (at least in the past, lol) "ceiling" that once again is about to be reached. The Congress has the power to raise the debt ceiling which they have repeatedly over many administrations. If the ceiling is not once again raised our Country will suffer international as well as national consequences which, in turn, will mean that citizens will have a number of consequences. Some of them seem to be dire. The thing is that [B]this current Congress [/B](many of them who are new to political office and couldn't possibly understand all the issues in seven months or so) set an idealistic goal of setting a debt limit to overcome all the decades of overspending. Most people think that would be great...including me...[B]but [/B]they are rapidly trying to undo decades of spending errors too quickly. Thus, a crisis. In our house we have had to reduce debt and attempt to increase income to stay afloat. Neither Party will increase taxes on the wealthiest. Right there, lol, they lose my confidence. in my humble opinion they are all showing impulsivity. They want a victory NOW. Can't wait like many of our kids for the appropriate time to get what they want....even if it causes major problems for others. Sigh. DDD [/QUOTE]
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