This is the stupidest thing I’ve ever seen on television. Seriously. Can you imagine that MSNBC thinks you’re so stupid that they have to do a demonstration like this to explain the debt ceiling:
HT HotAir Pundit
January 7, 2011
media bias, msnbc
January 7, 2011 at 2:37 am
Well it is MSNBC, so I can understand why they think anyone watching would be that stupid.
January 7, 2011 at 2:54 am
Chicken Little is at it again, "The sky is falling unless we raise the debt ceiling." The Libtards probably think that we're as gullible and naive as themselves.
January 7, 2011 at 4:02 am
I'm surprised they don't propose eliminating the debt ceiling and just printing more money to pay the government's debts.
January 7, 2011 at 12:47 pm
Not only was that a patronizing demonstration, but the guy even seemed like he was purposely talking slowly when he said words like "government" and "spending". They don't think very much of us, do they?
January 7, 2011 at 1:21 pm
Wait, it's not debt "sailing"? And here I thought the debt would just sail away.
At 3:08 he gives the opposing argument saying if we don't raise the debt ceiling "the government can still pay its loans while cutting back on spending items like the number of government employees, health care, and Social Security." Why do liberals act like heath care and Social Security will always be among the very first items cut from the budget?
January 7, 2011 at 1:33 pm
This just in: MSNBC is reporting that the sky is up. Once again, MSNBC is now reporting that the sky is indeed up. You heard it here first.
January 7, 2011 at 1:37 pm
I don't know, I didn't think it was that bad. Might be good for their audience to learn about these things.
January 7, 2011 at 2:03 pm
Me either. Especially making a comparison of debt ceiling to a credit card limit. Not only do most people understand a credit limit, they know bad things happen to your credit rating when you have alot of open credit available.
January 7, 2011 at 3:32 pm
So let's see: our two options are to either plunge into unprecedented economic disaster or to cut spending to match revenue. Why does anyone believe there is even a decision to be made?
It reminds me of a Saturday Night Live sketch from a few years ago: http://www.hulu.com/watch/1389/saturday-night-live-dont-buy-stuff
January 11, 2011 at 8:49 pm
Well, I, for one, would have never understood that $14.3T was greater than $11.3T were it not for the enlightening visual.
Although, to be fair, it was at least a tad more fun than the usual talking heads newscast. You just have to turn the volume off.
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