Tag: Debt Ceiling
-
Mastermind
Joe Biden has been involved in US politics for over 50 years now. The debt ceiling crisis/drama/play over the last few weeks, brings that to the fore, in that he has manipulated the Republicans into a corner that they can not escape. A disaster was predicted if an agreement was not reached. The US would…
-
Clown Show Consequence
The US had debt ceiling legislation. In simplest terms there is legislation into the amount of national debt can be incurred by the US Treasury. Once that amount is reached, legislation must be passed to allow the debt amount to go higher. Once that debt limit is reached, the US Treasury can take “special measures”…