SOWELL: “Anyone who wants to show that Moody’s is wrong should be prepared to show the actual benefits of the debt-ceiling, not its goals or hopes.”

THOMAS SOWELL: “Regardless of how the current crisis is resolved, Moody’s suggestion of repealing the national debt-ceiling law deserves some very serious thought, because that law is the crucial factor in the political games that allow big spenders to blame others for the consequences of their own irresponsibility.

[READ Thomas Sowell’s “Debt-Ceiling Chicken“]

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