The most tiresome issue in American politics is back, thanks to Republicans who regained control of the House of Representatives in the 2022 midterm elections. For the next six months or so, you’ll be hearing about the debt-ceiling standoff that could torpedo the U.S. economy. This isn’t some natural phenomenon or market abnormality we have no choice but to deal with. It’s a manmade construct that once served a purpose but has now become a mechanism for abuse of the majority by a… Source link
Read More »3 things to know about the debt-ceiling farce
The most tiresome issue in American politics is back, thanks to Republicans who regained control of the House of Representatives in the 2022 midterm elections. For the next six months or so, you’ll be hearing about the debt-ceiling standoff that could torpedo the U.S. economy. This isn’t some natural phenomenon or market abnormality we have no choice but to deal with. It’s a manmade construct that once served a purpose but has now become a mechanism for abuse of the majority by a… Source link
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