If they were smart they wouldn't make the debt ceiling such a big deal. It draws attention to how broken the system is. Stupid oligarchs can't even run a ponzi right.
Reading nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a most recent public newsletter, this paragraph strikes me:
"According to data going back to 1960 by the U.S. Treasury, Congress has raised or suspended the debt ceiling 78 times, including 29 times under Democratic presidents and 49 times under Republican presidents. The reason it increases so much is because the government runs a deficit in most years, meaning that spending exceeds taxation, and must be made up for with an increase in total debt outstanding."
It doesn't matter what party is in office, the issue is with the system we have in place. This paragraph makes me angry at first but also gives me hope for a better system. #bitcoin
Discussion
Haha this made me laugh but it’s very true. Make a big deal about not being able to pay your bills