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This "Debt ceiling" debacle is one of the best evidences of an uninformed electorate and a media that has to play nice with stupidity in order to be "balanced."
The debt ceiling is not about creating new spending. It is about paying for the budget that has already passed. That no one on the media is pointing this out is ridiculous. One party essentially authorized spending but now is refusing to authorize the means to pay for that.
Finally, "the percent of our economy needed to service the debt our government has is an unbearable burden" is absolutely not true. US debt and its interest are still fairly small, and it would take either many more years of increased deficits, or some nutjobs wanting to default on the debt, for things to get that way.
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