Wowwwwww. This is just an amazing feat no one saw coming, I mean they have only raised the debt ceiling how many times??????? I believe this is actually the first time ever...wait who the fuxkkkl are we kidding. Of course they were going to raise the debt ceiling, they always do and always will because that's how pathetic we are......we just keep raising the debt ceiling with absolutely no worry. We will never stop raising the debt ceiling that's why I find it completely idiotic and foolish that it's even debated each and every time we come to this apex. House passes bill to avoid government shutdown, suspend debt limit — but it faces Senate roadblocks with deadlines near https://www.cnbc.com/2021/09/21/government-shutdown-house-passes-funding-debt-ceiling-bill.html
You have to keep raising the debt ceiling when the government borrows money from the Fed at interest. Interest = debt.
This is what happens if they don't raise the debt ceiling. Why this article was even written is beyond my comprehension because the fact that no matter what, every single time they requested......I mean demanded a raise in the debt ceiling, it has been given to them without any ramifications. What will happen if Congress doesn’t raise the federal debt limit? https://www-latimes-com.cdn.ampproject.org/v/s/www.latimes.com/politics/story/2021-09-20/what-would-happen-if-congress-didnt-raise-the-federal-debt-limit?_amp=true&_gsa=1&_js_v=a6&usqp=mq331AQKKAFQArABIIACAw==#amp_ct=1632275045703&_tf=From %1$s&aoh=16322750437638&referrer=https://www.google.com&share=https://www.latimes.com/politics/story/2021-09-20/what-would-happen-if-congress-didnt-raise-the-federal-debt-limit
And what is there that's so wrong with the stock market going gangbusters forever? If its ok for gummint to give free pass to realestate to head to the moon, why not stocks?
This is what happens when you have one party that's the majority in both houses and in the White House. They can do whatever the frick they want.
What should they have done? Default? The system is rigged, but as long as you have it on as a society you have to play accordingly.