Economics/Class Relations

Where Are the Debt-Ceiling Chicken Littles Today?

THURSDAY, NOVEMBER 2, 2023

History has witnessed the failure of many endeavors to impose peace by war, cooperation by coercion, unanimity by slaughtering dissidents……. A lasting order cannot be established by bayonets.
Ludwig von Mises, Omnipotent Government [1944]

HORNBERGER’S BLOG

November 2, 2023
Where Are the Debt-Ceiling Chicken Littles Today?
Why bring up the debt-ceiling controversy now? After all, that controversy was just recently resolved by Congress’s decision to raise the debt ceiling yet again, in order to enable U.S. officials to continue adding more debt to the nation’s credit card. Given that the new debt ceiling won’t arise until sometime in 2024, why revisit the issue now?…
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