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The Case of the Debt Ceiling Debate
The wife and I have reached an inevitable impasse after several weeks of heated and uncompromising negotiations over our mounting debt problems and inability to balance the household budget. The show stopper came when she insisted we borrow more money from our creditors – in order to better manage our expenses – rather than risk defaulting on our financial obligations.
Suffice it to say that I, being the sounder voice of reason, totally disagreed. In my opinion, the proposal was the typical socialist knee-jerk solution to a common free market problem: The periodic shortage of cash.
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