WhatFinger

Facts have been slim in the President’s rhetoric on the debt ceiling

“Default” Is a Red Herring in Debt Ceiling Debate


By Heritage Foundation Amy Payne——--January 15, 2013

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Yesterday, President Obama accused his opposition in Congress of threatening to “default” on America’s loans in order to make a political point.

I am not going to have a monthly or every three months conversation about whether or not we pay our bills because that in and of itself does severe damage. Even the threat of default hurts our economy. It’s hurting our economy as we speak. We shouldn’t be having that debate.
But the “threat of default,” as Obama called it, is a red herring. More...

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Heritage Foundation——

The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973,  mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.


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