Did anyone really think the US wouldn't raise the debt ceiling?

Jump to Last Post 1-12 of 12 discussions (12 posts)
  1. nightwork4 profile image59
    nightwork4posted 7 years ago

    Did anyone really think the US wouldn't raise the debt ceiling?

    it's not like they had a choice but I still see people acting like they were surprised, did you think they might not?

  2. profile image0
    klevifushaposted 7 years ago

    Not at all. It's just a show. Always have been.

  3. Danette Watt profile image84
    Danette Wattposted 7 years ago

    I agree, it's a show but it's irritating that they continue to show such poor leadership and governing

  4. profile image0
    Longhunterposted 7 years ago

    I think is crystal clear there's not a single politician in Washington who can find their own butt with both hands and a map. I had no doubt they would do it but, no, we didn't need to raise the debt ceiling. They just need to cut spending like we all have to.

  5. daskittlez69 profile image71
    daskittlez69posted 7 years ago

    No, everyone should have known that they would.  They are going to do what they want when they want.  They are just going to keep using scare tactics along the way.

  6. Jonesy0311 profile image60
    Jonesy0311posted 7 years ago

    I think we all had much more hope than was realistic. This same game has been played before: raise taxes and promise to cut spending over the next decade. Of course, the taxes will be raised, but the cuts will never take place, just as has happened several times in the past. I mean, do we really believe that the government needs that much money? I urge you to do some research and find ONE government entity that could not survive a 20% budget cut...you won't because they don't exist. And yes, I am even talking about DHS and the military.

  7. bethperry profile image89
    bethperryposted 7 years ago

    Well, I was sure hoping they wouldn't. But surprised? Eh, nothing much surprises me out of DC these days.

  8. thomasczech profile image66
    thomasczechposted 7 years ago

    Not surprised at all, it is stupid, as now they will bring the nation another 2.5 trillion further in debt on top of the over 14 trillion it already is. The country is ruined. No hope. The trust in the US is lost and many are taking their finances out.

  9. thecarte profile image60
    thecarteposted 7 years ago

    There was a moment just for a little while that I had hoped that this was going to be the time when sanity prevailed. It was brief and for a short time there was hope in me. Then poof it was gone and I reminded myself that this is congress. A bunch of crooks. The sham continues.........

  10. hazelbrown profile image86
    hazelbrownposted 7 years ago

    Nah, I knew they would do it, but I didn't know the deals that would get passed along with it.  I assumed it would be pretty lame though - and I was right!  Congress has raised the debt ceiling a few times with every presidency, so no surprise.  As Jon Stewart said, "it's a deal nobody can be proud of!"

  11. svencill profile image60
    svencillposted 7 years ago

    No. It's been done over and over again with no fight. The only difference this time is the Tea Party.The Tea Party has no idea what the debt ceiling is about. It does NOT immediately raise our debt it just gave us the ability to pay our bills, which is something that we are not allowed to default on based on the Constitution. They needed to be able to make social security payments and to be able to pay federal employees including military personnel. Do we really want them to stop paying these things anyway? By the way, they did not get an agreement with raised taxes-just spending cuts. It is going to be yet another blow to the economy and more people out of work and being payed unemployment.

  12. wingedcentaur profile image82
    wingedcentaurposted 7 years ago

    They had to raise the debt ceiling. They had to do this very routine operation. Previous to this... event, the debt ceiling had been raised ninety (90) times between 1941 and the present without any drama.

    This time, the Tea Party-infused Republican Party decided to make it dramatic. This younger branch of Republicans that were just sent to Congress believed that they were sent with a mandate to basically take no prisonerd, to hold the line, to stay true to their "values," whatever those are.

    With this latest roster of Republicans compromise (which had been the relative way of things decades past) was a dirty word this time around for Republicans.

    But they must have known all along the debt ceiling would have to be raised. Not to raise ito would have meant the United States was defaulting on previous obligations. They would have had to "decide which bills to pay, and which bills not to pay," and all that.

    Most important of all, from the perspective of the ruling class (this term 'ruling class' does not just mean the government proper), to default on the debt would have definitely spelled the beginning of the end of the American empire, and they certainly don't want that!


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)