Why is the “Debt Ceiling” a Problem? Because Everybody Wants to Go to Heaven, But Nobody Wants to Die

As I write this, the latest episode of US Government Debt Ceiling Theater seem to be approaching its denouement: Congressional and White House negotiators report “progress” in talks to raise the government’s debt ceiling before (not especially fat) lady, US Treasury Secretary Janet Yellen, sings “default.” I say “episode,” but perhaps the proper term is … Continue reading Why is the “Debt Ceiling” a Problem? Because Everybody Wants to Go to Heaven, But Nobody Wants to Die → - by Thomas L. Knapp
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