Feed: 71 Percent of Americans Say No Way to Debt Ceiling - AggScore: 12.5

71 Percent of Americans Say No Way to Debt Ceiling Increase

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Shocking results from a poll conducted about the debt ceiling. 71 percent of Americans do not want the ceiling raised. I think we are all getting it. Just not our government overlords.blockquoteThe U.S. public overwhelmingly opposes raising the countrys debt limit even though failure to do so could hurt Americas international standing and push up borrowing costs, according to a ReutersIpsos poll released on Wednesday.Some 71 percent of those surveyed oppose increasing the borrowing authority, the focus of a brewing political battle over federal spending. Only 18 percent support an increase.The poll underscores the tough task ahead for U.S. lawmakers as the debt nears its current ceiling of 14.3 trillion. Treasury Secretary Timothy Geithner last week warned that a strongfailure to raise the borrowing limit in the coming months could lead to catastrophic economic consequencesstrong.blockquoteI think people are willing to go ahead and suffer the consequences. If not now, when Are we going to keep kicking this shit down the road I would absolutely rather deal with the pain than have my kids and grandkids deal with it in 102030 years. We are stealing from future generations and destroying their future all so we can continue our little party.The moral thing to do is think about our childrens future and stop being selfish. Time to fix the economic mess and not leave it for future generations to clean up after us.