Radio Free never takes money from corporate interests, which ensures our publications are in the interest of people, not profits. Radio Free provides free and open-source tools and resources for anyone to use to help better inform their communities. Learn more and get involved at radiofree.org

If Congress doesn’t raise the ceiling, one of the political parties threatens to bring our economy to a halt. That is not a sensible way to run a government. That’s why only the US and Denmark have a debt ceiling set at an absolute amount rather than as a percentage of GDP like other developed countries. More

The post A Debt Ceiling Holds Our Economy Hostage appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Nick Licata.

Citations

[1]https://www.counterpunch.org/2023/02/07/273405/[2]https://www.counterpunch.org/2023/02/07/273405/[3]https://www.counterpunch.org/