erik lundegaard

Quote of the Day about the Debt Ceiling, 1979

“I’ve never understood exactly why we [we have a debt ceiling], or why anyone can think it’s ‘fiscally responsible’ to vote against raising the debt ceiling when we’ve already incurred the responsibilities. It’s like not paying your bills. It’s silly to go through the posturing that you’re saving money by not voting to increase the national debt.”

--Rep. Tom Foley on raising the debt ceiling, in The New Yorker: April 1979


Posted at 01:23 PM on Wed. Jul 27, 2011 in category Quote of the Day  
No tags

COMMENTS

No comments yet

You may bypass the ID fields and security question below if you log in before commenting.


 
 





Receive notification of further comments via e-mail

« Book Review: Crime Films by Thomas Leitch (2002)   |   Home   |   Lancelot Links »
 RSS    Facebook

Twitter: @ErikLundegaard

ARCHIVES

All previous entries

LINKS
Movies
Jeffrey Wells
The Film Experience
Roger Ebert
Baseball
Rob Neyer
Joe Posnanski
Cardboard Gods
Politics
Andrew Sullivan
Alex Pareene
Hendrik Hertzberg
Friends
Cloud Five Comics
Copy Curmudgeon
Deb Ellis
Andrew Engelson
Jerry Grillo
Tim Harrison
Eric Hanson
Ben Stocking
Jim Walsh
dative-querulous