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Bob Lorinser on debt ceiling drama: "The GOP is threatening the economy"

It's time to get on with the business of the nation.

Will Congress fail to raise the debt ceiling unless Democrats agree to massive cuts in entitlements and other programs?


Will House Republicans threaten to crash our economy if Democrats don’t agree to compromise programs such as higher education, Social Security, Medicare, and Medicaid?


A debt default could eliminate 6 million jobs and raise unemployment to 9 percent. The stock market could crash by a third. $15 trillion in household wealth could be destroyed. - according to Moody’s Analytics’ Chief Economist Mark Zandi.


All of this because we failed to pay debts already occurred?


Foolishness.


Plain, simple foolishness.


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