Three reasons why the debt debate is nonsense

**Posted by Phineas

From Reason.TV, those reasons are:

  1. The August 2nd deadline is fake.
  2. Reaching the debt ceiling does not mean default.
  3. And “legislation by crisis creates lousy policy.”

I think that about covers it. Can we cut the crap and get down to business, now?

via Big Government

(Crossposted at Public Secrets)

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