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Penguin Software / Polarware – Unpublished Archives

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CNN CNN Newsroom October 10, 2013 13:22:00

Out to be true. i have drilled through this with some of the best economies in the country and in the end i say to them, paint for me the sequential picture on what happens if let s say the government doesn t, if we don t rails the debt ceiling and how do we get to this calamity that you re predicting? we can t give it to me. just flirting with the debt ceiling the last time around i just illustrated what happened to the economy, the dow dropped more than 850 points for the first time in history standard & poor s downgraded the u.s. triple a credit rating. are we to ignore these things? we raised the debt ceiling and if my memory serves me correctly the downgrade came after that and people still blamed it on the tea party. some of this you can t win, right or wrong you can t win. these facts, we raised the debt ceiling the last time and that happened and it s not like our economy s roaring right now. well let me suggest this simple axiom of economics. if you have good credit ....

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