Austan Goolsbee: Not Raising The Debt Ceiling Would Be “Catastrophic” And “Insanity”

January 2nd, 2011 (2) Posted By Pat Dollard.

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  • Phil Byler

    Don’t raise the debt limit. Simple message: you can’t live off the next generations any more. That simple message is not insanity. What is catastrophic is the debt we already took on in the last two years.

  • http://hyperinflation-watch.blogspot.com/ ZenDraken

    Yep, just keep kicking that can down the road. Don’t worry that the road ends at a cliff.