Raising the debt ceiling for any reason whatsoever is absolutely the wrong thing to do. We’re already head over heels in debt. We don’t need to borrow more. We need to quit spending already!! Cut it to the bone!!
No deals!!
Vote the bastards OUT in 2012!!
Absolutely the wrong thing!
I cannot fathom the argument of raising the debt limit (allowing more borrowing/spending) while cutting spending to offset it. It's just crazy.
Just reject the debt limit increase. Worst case scenario becomes the government spends (wastefully) up to the debt limit again. Better case scenario, it might force some reductions in government spending, and force attention (much needed) on the priorities of government spending.
In either case, saying NO to a debt limit increase sets the stage for the REAL step two, which would be to DECREASE the debt limit (again and again), forcing continued reductions in the size and scope of the Federal Government.
Forget arguing for a Balanced Budget Amendment. Whenever anyone hollers "Raise the Debt Limit!", Conservatives should holler "Hell NO, Lower the Debt Limit (again and again)!"
P.S. Notice we're not hearing a peep about the catastrophic Asian stock market meltdown -- that didn't happen!