{"id":1887,"date":"2013-01-12T18:27:34","date_gmt":"2013-01-13T01:27:34","guid":{"rendered":"http:\/\/qpr.ca\/blogs\/?p=1887"},"modified":"2013-01-20T23:20:54","modified_gmt":"2013-01-21T06:20:54","slug":"can-i-please-have-a-debt-ceiling-too","status":"publish","type":"post","link":"https:\/\/qpr.ca\/blogs\/2013\/01\/12\/can-i-please-have-a-debt-ceiling-too\/","title":{"rendered":"Can I Please Have a &#8220;Debt Ceiling&#8221; Too?"},"content":{"rendered":"<p>I have always thought that if anyone had a brain the financial world should have collapsed when the US &#8220;debt ceiling&#8221; was first enacted, since it amounts to a declaration of total financial irresponsibility by the largest participant in that world[<a href=\"http:\/\/qpr.ca\/blog\/2013\/01\/12\/can-i-please-have-a-debt-ceiling-too\/#1\">1<\/a>]. <\/p>\n<p>I wish that I could have got away with the same thing myself &#8211; but who would have given me a mortgage or credit card if I had loudly announced that once my debts exceeded a certain amount I would stop paying them off?[<a href=\"http:\/\/qpr.ca\/blog\/2013\/01\/12\/can-i-please-have-a-debt-ceiling-too\/#2\">2<\/a>].<\/p>\n<p><!--more--><\/p>\n<p>\n<a name =\"1\">&nbsp;<\/a><br \/>1 &#8211; Apparently James Fallows at The Atlantic <a href='http:\/\/www.theatlantic.com\/politics\/archive\/2013\/01\/the-two-sentences-that-should-be-part-of-all-discussion-of-the-debt-ceiling\/267115\/'>thinks so too<\/a><br \/>\n<a name=\"2\">&nbsp;<\/a><br \/>2 &#8211; Of course if I had been living in the US and had responded to any of the many TV offers of &#8220;Bankrupt? No job? bad credit? No worries! We have a loan for you&#8221; I might have found willing takers, but I suspect that would only have worked if there was some family asset that they were hoping to get their hands on. And I suppose it&#8217;s hardly their fault that when all those assets went on the market the values collapsed for them and everyone else. No, wait a minute! It IS their fault, so why the fuck aren&#8217;t they all in jail?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have always thought that if anyone had a brain the financial world should have collapsed when the US &#8220;debt ceiling&#8221; was first enacted, since it amounts to a declaration of total financial irresponsibility by the largest participant in that &hellip; <a href=\"https:\/\/qpr.ca\/blogs\/2013\/01\/12\/can-i-please-have-a-debt-ceiling-too\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1887","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts\/1887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/comments?post=1887"}],"version-history":[{"count":8,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts\/1887\/revisions"}],"predecessor-version":[{"id":1899,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts\/1887\/revisions\/1899"}],"wp:attachment":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/media?parent=1887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/categories?post=1887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/tags?post=1887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}