Posted on 01/19/2023 9:38:11 AM PST by ChicagoConservative27
Senate Minority Leader Mitch McConnell (R-Ky.) said Thursday he is confident that the U.S. will never default on its debt and that he is not concerned a financial crisis could be on the horizon.
McConnell told reporters in his home state that while the push to raise the debt ceiling is “always a rather contentious effort,” he believes lawmakers will succeed at doing so before the Treasury exhausts its “extraordinary measures” in June.
“No, I would not be concerned about a financial crisis,” McConnell told a gaggle of reporters following an event at the University of Louisville to discuss disaster relief funding.
“In the end, I think the important thing to remember is that America must never default on its debt. It never has, and it never will,” he said. “We’ll end up in some kind of negotiation with the administration over what the circumstances or conditions under which the debt ceiling be raised.”
(Excerpt) Read more at thehill.com ...
He knows they’ll just inflate it away.
Inflation is the slow-boil approach to default. He really just means that we have a printing press.
Well then, by all means, keep running up the debt, clown.
😂😂😂😂👍. Okay turtle.
Dark humor
Not a joke; certainly more informed and influential than the one calling him immature names.
How do you force others to continue to buy U.S. Bonds which finance our debt?
“We’ll just magically create more money- and call it ‘quantitative easing’”
Notice that this assclown never mentions cutting spending. By cutting spending, I mean actually spending less this year than last year, not the decrease in the increasing rate of spending crap.
Here is the joke:
No currency of any nation has ever retained its value forever.
Very few have retained their value for more than five hundred years.
It is called human history.
The belief that the United States is somehow immune to those forces....
is indeed a joke.
The Empire will end.
The only question is when.
This ship can’t sink...line from Titanic
So instead the duplicitous GOP-e just stands by while the D-commies get rid of their massive debt by printing more and more intrinsically- worthless currency to “repay” it with.
Thus, stealing the purchasing power of American citizens’ income and savings.
A crookeder bunch of lying thieves could not be found anywhere. Certainly none that hurt more people
We will never default on our debt.
We will just continue running up more debt to cover the obligations and interest on our debt
Sounds like a plan
I’m told by CONservatives, he’s good with judges!
They should force a target on them. Say for every 100 bill removed from the current budget we can approve an increase of 1T. Let China Mitch work out the details with the bunch he pushed this budget through.
The US "debt" paymant is roughly $1B/day.
So THERE IS PLENTY OF MOOLAH TO PAY THAT.
“This ship can’t sink...line from Titanic”
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Titanic in (almost) 5 seconds
https://www.youtube.com/watch?v=fgZgVNxhU04
Here’s a thought....reduce your expenses and prioritize your cash flow. Damn, what was I thinking? That government could be fiscally responsible? How silly of me.
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