Jordan   Lifting the debt ceiling enables the United States to pay its debt to those from whom it borrowed to fund past spending.  An imperfect but apt analogy:  spouses/partners may disagree about household spending, but the lender from whom they borrowed the money to pay for their truck will ruin their credit and repossess that truck if they refuse to pay because of their disagreements over spending.   Future spending can be reduced or taxes raised, or both, to fund spending, and those are legitimate debates.  But holding the full faith and credit of the United States hostage is not an intelligent or reasonable response; it is irresponsible extortion.

Jordan   Lifting the debt ceiling enables the United States to pay its debt to those from whom it borrowed to fund past spending.  An imperfect but apt analogy:  spouses/partners may disagree about household spending, but the lender from whom they borrowed the money to pay for their truck will ruin their credit and repossess that truck if they refuse to pay because of their disagreements over spending.   Future spending can be reduced or taxes raised, or both, to fund spending, and those are legitimate debates.  But holding the full faith and credit of the United States hostage is not an intelligent or reasonable response; it is irresponsible extortion.

user
no
assistant