The letter is signed by 235 prominent economists, including six Nobel Laureates, and was released by the groups Wednesday.
"We, the undersigned economists, urge Congress to raise the federal debt limit immediately and without attaching drastic and potentially dangerous reductions in federal spending. Not doing so promptly could have a substantial negative impact on economic growth at a time when the economy looks a bit shaky. In a worst case, it could push the United States back into recession," the letter states.
1st line of the article: "Economists organized by the liberal Economic Policy Institute and Center for American Progress have written a letter to Congress..."
The 1st word in your title should have been "Liberal Economists: Failure to raise..."
Talk about a misleading title about a biased letter with a dash of appeal to authority.
I was under the impression that the title of the thread has to be the exact title of the article.
The International Monetary Fund also formally warned the U.S. to quickly raise the ceiling on Wednesday.
So "liberal" cancels out "Nobel Laureate" and "prominent" as well. Yes? Not to mention the sheer numbers.
And
Quick question. How many times was the debt ceiling raised on Bush's watch?
Also of interest.
And nor do you raise taxes on the wealthy, I assume.
What is this a reply to? Please quote the statement or point you are addressing so that I may clearly offer a rebuttal.
Quick question. How many times was the debt ceiling raised on Bush's watch?
Oh, I didn't realize every post was supposed to be in response to a previous post. I thought we were just having a normal conversation. My bad.
Quick question. How many times was the debt ceiling raised on Bush's watch?Glad you asked, Boop! Current GOP Leaders Upped Debt Limit 19 Times During Bush Presidency. Whoa, really? I'm surprised, are you surprised? I'm surprised!
Glad you asked, Boop! Current GOP Leaders Upped Debt Limit 19 Times During Bush Presidency. Whoa, really? I'm surprised, are you surprised? I'm surprised!
... this is a debate forum, a conversation is between two people who agree, and your statement began with "And nor do you..." which clearly indicates that it is a response to something.
So you'll respond to your own posts but not mine? Man people who talk to themselves are weird...
Except it ends with I assume which means .... seriously? I have to explain it to you?
P.S.: I like me more.:2wave:
Yes please explain how such a statement can be made not in response to anything.
Nah. I'm going to go read. Have a lovely.
How very boring...
Quick question. How many times was the debt ceiling raised on Bush's watch?
While not researching all the "economists" on that list, I'd guess that they are in large numbers the same ones that stated that the banks were in fine shape in 2008. This list would include Bernanke. Why anyone would listen to him now when he was so very wrong on the banks always leaves me scratching my head.
Find me the opinion of those who called the banking collapse.
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