can someone tell me why the Democrats raised the debt

[crazyjoe]

ceiling to 12 Trillion??

[gmoney]

1. So they don't have to shut down the government as happens every few years...

[L0oniX]

2. "When faced with an impossible scenario, change the rules" - Captain Kirk

[msongs]

3. war war war and corporate welfare nt

[Obamanaut]

4. It's easier than making a reasonable budget and then living within

that budget.

[rfranklin]

5. Dick Cheney: Reagan proved that deficits don't matter

And Ronnie is the messenger of God.

[cowcommander]

6. Ever found yourself stuck in a hole, where your only choice is to keep on digging?

It's kinda like that.

[ZombieHorde]

7. War. nt

[TwixVoy]

8. Most on DU don't understand what is coming

but we are looking at a currency crisis in the next 1-2 years. In the mean time our debt will sky rocket.

We may have a bank holiday, and when the banks open the fed will have officially devalued our currency 50%.

Remember the USA has had 2 central banks prior to this one in our history. Both of them failed and had to take such a measure.

We have too much debt at all levels. Personal, business, and government. It mathematically can never be paid back. Therefore the currency will have to change in value substantially. It is the only solution.

[tabasco]

9. Because the republicans destroyed the economy with their unbridled giveaways

to corporate profiteers and Obama is using government money to put Americans back to work.

[Hello_Kitty]

11. OMG that cartoon is HYSTERICAL!!

And so true.

[Oregone]

10. Their health care win will send per capita health expenditures up...

So you know, gotta uncinch the belt for Christmas dinner. Time for the corporations to feast