The debt debate explained

So here’s the analogy: A man and wife disagree on how much to spend on groceries for the month. The wife says they should spend $500 per month, and the husband says they should spend $700 per month. Should the husband or wife threaten to not pay the mortgage if they don’t get their way on groceries? Of course not, because that would be stupid.

This is the debt ceiling debate in a nutshell.

Mark Hallman

North Augusta, S.C.

 

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