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Originally Posted by Jim in CT
To believe your third option, you'd have to believe that a Harvard-educated US Senator has no appreciation for what happens if the US stops paying its bills.
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Remember this was pre-recession when the economy was still doing pretty well riding that cheap credit wave. The implications then appeared much less severe than today.
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Finally, if that was the case, why hasn't Obama apologized for his Bush-bashing on this issue, if he now has the necessary insight to understand that we have to pay our bills?
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Back then the Dems were advocating pay-go. Situation was certainly not the same...
-spence
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