Tag: econony

Economics and the Debt Ceiling

| July 15, 2011 | 0 Comments
Economics and the Debt Ceiling

Lately, there has been a lot of public hand wringing about the debt ceiling, or the legal limit on how much Congress can borrow.  Essentially, they’ve reached the limit and since Congress borrows about 43 cents for every dollar spent, they need to raise the ceiling in order to fund the current operations of the […]

Continue Reading