The $14.3 trillion debt ceiling has already been exceeded and will expire on 2 August. If it is not increased, there might be a default and interest rates could rise. When the economy and housing markets are already as bad as they are...
This is a problem.
But some of you would rather whine and whinge about passing debt on to your children....even your grandhchildren.
Well, here is a message from them beyond the womb. They'll take care of the debt if we take care of their health, education and employment opportunities.
Besides, your parents passed their debt on to you.
So ignore the hype, don't treat your kids as victims and raise the debt ceiling. If you're that worried about the deficit then close the tax loopholes on the wealthy and tax the rich.
The only people complaining about higher taxes on the rich are....the rich. And there are not many of them.
So Man Up America!