Saturday, December 28, 2013

Raising the Debt Limit (Explained)

Congress has agreed to a budget for the first time since 2009. We’d praise Congress for this accomplishment if it weren’t one of the most basic elements of their job—much in the same way that we don’t typically gush all over a plumber who managed to avoid blowing up our house.

Still, we’ll take what we can get . . . and in this case, what we can get is apparently a deal that does little to nothing to address the deficit, national debt, or the debt ceiling.

The more we think about this, the more our attitude moves away from “faint praise” toward “sarcastic praise,” so rather than shoving this post full of snide, half-baked, uninformed commentary, we’ll leave you with an informative video that makes it all seem almost funny:

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