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Yellen's warning about the debt ceiling.

OK, so Janet Yellen warns that if the congress doesn't increase the debt ceiling by June, the US could default on it's $31 trillion national debt. The warning was dutifully reported on by the media in appropriately solemn tones. Janet descends like a goddess from on high and declares this epiphany.

Is anyone curious about the timing of this warning? Wy weren't we talking about this debt limit when Biden and his congress crammed through the $1.7 trillion spending debacle just one month prior in the lame duck democratic congress?

Is it best if we just default in 2023 and get it over with? Maybe it would be doing our children and grandchildren a huge favor! Or should we just wait until our debt is, say, $60 trillion?
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samueltyler2 · 80-89, M
You don't realize that the $1.7 trillion you would is the gross, not net, and the debt lol not is not affected by that at all. The debt limit is debt paid able for the finds already spent as the result of votes by both Republicans and Democrats in many past congresses,band that an alleged 25% of that was added in the years 2016-2020.
MasterLee · 56-60, M
@samueltyler2 yellen is horrible
samueltyler2 · 80-89, M
@MasterLee mybe so, that has nothing to do with the facts!