What is the National Debt Ceiling, and Why Should You Care?

Posted by MMarquit under News
From http://freefrombroke.com 4926 days ago
Made Hot by: maplesummit on June 1, 2011 6:43 pm

The U.S. has technically hit its national debt ceiling. Really, we’re out of money. See what the debt ceiling is and why you should care. It might even affect your business.

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Comments

Written by businessavante
4926 days ago

Hi Miranda.

Before I saw the last paragraph on raising taxes as the solution I was already remembering what Howard Ruff of "The Ruff House" TV show said circa 1980 when there were (as always) the usual & unending discussions on the national debt. Good ol' Howie (who was the "buy gold" guy when we had Carter's double-digit inflation & double-digit interest) said: "You don't care about the national debt - all you care about is lower taxes!"

Duncan

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