Tuesday, July 26, 2011

AP Economics

"The American people may have voted for divided government, but they didn't vote for a dysfunctional government. So I'm asking you all to make your voice heard," President Obama said last night via a politically charged television address to the nation.

What's so frustrating about all this is, since it is such a politically motivated subject and so close to a Presidential election, how are we supposed to know who to believe? Each side can't even come to a consensus amongst themselves. Each side has something other than the good of the country to gain. And it seems that the political consultants commenting are many of the ones that got us into this mess to begin with...

Is the situation as dire as it's being sold? And if so, why do some 'financial experts' say the debt ceiling MUST be raised to save us, while others say raising the debt ceiling will doom us? Which is it? I don't care about a side here --this shouldn't be opinion, right? The 'financial experts' should know the ramifications of leaving or raising the debt ceiling and be able to calculate the risks of both then weigh them...and then offer the American people two real scenarios?

Or am I being naive...is this all about ideology and politics and the country be damned?

No comments: