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View Diary: CNN poll: Americans overwhelmingly support policies in Obama jobs bill (68 comments)

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  •  The debt ceiling is only one part (0+ / 0-)

    The debt ceiling is only one part of the general concept of government borrowing.

    Many Americans (most?) project their personal  economic situation on the government.

    They believe that the government should manage it finances like a standard household and should "live within its means".

    Of course, This is  a very simplistic and erroneous way to look at things, but unfortunately it is well entrenched in the human psyche.

    So when regular Americans are struggling with increasing loads of personal debt,  they don't want the government to increase its own debt (which is our debt in  the end).

    No matter how many times you explain to them that borrowing now with the laughingly low rates on T-bill is practically a must, or that most of the US debt is internal while China is shaking in its boots, they still feel threatened.

    How big of a deal is it? I guess we shall have to ask the Democrats  who lost their seats in the house and senate in 2010.

    Or better yet, we can issue another poll.

    "One might almost call it poetic, if poetry weren't the last refuge of the bearded, cricket hating sodomite."

    by The Revenge of Shakshuka on Tue Oct 18, 2011 at 11:28:17 AM PDT

    [ Parent ]

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