Wouldn't the size of the national debt much more worrisome than not raising the debt ceiling?
The government takes in about 2.2 trillion dollars a year in revenue, and servicing the debt costs much less than that. Don't raise the debt ceiling because the government should live within it's means. Cut spending instead, and watch the economy will boom.
Asked By: Average College Idiot - 5/1/2011
Best Answer - Chosen by Asker
I'm sorry, but Keynesian theory suggests that things don't work that way. Economics is not something you can empirically test, so we can only work off of theories and past experiences... More
Answered By: Lisa K - 5/1/2011
Additional Answers (3)
It is workable. We just have to do a gradual change. Too fast and the economy goes in to shock.
Answered By: Pbs Learning - 5/1/2011
Did you turn all Republican on us? lol
Answered By: VotetheLibsout2012 - 5/1/2011
Get the rest of the repuks out of office and we can work on the debt. I seem to remember it was a balanced budget till bush got his hands on it.
Answered By: Matthew c - 5/1/2011
(89) Local Jobs Paying $19-$97 Per Hour- Available Today. Apply Now!
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
No Scam. Realistic $87 Per Hour. No Schedule. Nice Pay. Start Today!
Over 471 Local Jobs Available. Hiring Now – Apply Today!
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.