News flash: The U.S. is one of only two countries that still has a debt limit — and @StephanieKelton says it's time that number changed to one: "This thing serves no useful purpose whatsoever." Catch her full conversation with @mehdirhasan on @MSNBConPeacock.

Jan 12, 2023 · 9:05 PM UTC

11
54
8
138
0
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
1
8
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
Definitely. Get rid of it or raise it to some absurdly high number.
2
Replying to @MehdiHasanShow @mehdirhasan @StephanieKelton @MSNBConPeacock
It’s entire purpose is so republicans can take our economy hostage to get what they want. It’s like saying our finances are out of whack, so I’m going to stop paying my mortgage and credit cards until I figure it out. It’s stupid AF. Yet, the hostage takers always seem to win.
2
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
Great-grandad can’t even understand the question. If God intended for America not to have a debt ceiling, He wouldn’t have created debt in the first place. Joe Biden is the old guard, not the vanguard.
Replying to @MehdiHasanShow @mehdirhasan @StephanieKelton @MSNBConPeacock
Sure it does, great tool for inciting panic in the markets and then pointing the fingers at the President.
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
Keynes and Hayek agreed Presidents guess on economics and so do economists!
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
👀👏🏽👏🏽
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
The debt limit is in place still because it's a whipping post for the opposition in every admin.
Replying to @MehdiHasanShow @StephanieKelton @mehdirhasan @MSNBConPeacock
And didn't Denmark essentially diffuse it as a potential economic weapon a while ago?
1
Replying to @MehdiHasanShow @MSNBConPeacock @StephanieKelton @mehdirhasan
GOP is oligarchism 101, everybody keeps forgetting Fox News attempted merger was foiled by the Democrats; trying to buy up news outlets everywhere, also remember Trump eliminating Gov. international funding to news outlets; "wake up people", "trying to control the media"!