Debt-Ceiling Pissing Match Seen from a Safe Distance
by Wolf Richter • • Comments Off on Debt-Ceiling Pissing Match Seen from a Safe Distance
While Democrats and Republicans, jointly and severally, engage in an all-out pissing match over the national debt ceiling and the budget deficit that even has the Chinese worried, let’s take a moment and reflect from a safe distance on how we got here, and why nothing of significance is going to change.