IBDeditorials.com Daily Podcast - Read by OutloudOpinion

IBDeditorials.com Daily Podcast - Read by OutloudOpinion


Editorial: Keep The Debt Ceiling, But Cut Spending 7.18.11

July 19, 2011

Budget: Amid the debate over raising the debt ceiling, a rating agency suggests a simple solution: Get rid of debt ceilings entirely. This is a bad idea sure to lead to a vast expansion of government and European-style stagnation.

Moody's, the debt-ratin