Where is the US economy headed?

Call them what you like.

My bad I thought that it may have been your ideological teaching that may have made you see it that way!
Are you just trying to be politically correct or do you not see it the way other extremest conservatives see it?
Maybe you have a completely different point of view?

Are you asking about extremest liberals and how they are trashing the US economy?

It's a good thing the GOP warned the market that they were going to vote to not increase the debt limit. I would hate to see what would happen if anyone was panicking.

The GOP play "gun to the head" scenario to blackmail the democrats into submission, but it isn't going to work.

By all accounts, not increasing the debt limit will bring the federal government to a standstill, and if the voters have any brains left, will vote them out of office during the next election.

The GOP doesn't know how to negotiate or compromise; they make threats.

I hope they win, and not increase the debt limit. Most seniors and the military will not get paid, and they are voters.

82 Democrats voted with the GOP, includingPelosi, Hoyer, and DNC chief Debbie Wasserman-Schultz. Seven Democrats voted 'present'.

Here's the roll...

http://clerk.house.gov/evs/2011/roll379.xml

Those 82 democrats will have to answer to seniors and the military why they voted "no."

That's in large part because the bill presented yesterday specifically said 'the debt limit must be raised b/c of Obama's 2012 budget.' Dems objected to the language, and Republicans told them to go pound sand.

Cycloptichorn

I figured there was a catch. Especially with the ones who voted 'present'. Couldn't figure out why they'd do that. Will there be another vote?

c.i....I think Gallup has a poll out showing a plurality of Americans don't want the debt ceiling raised. Maybe the Democrats were just listening to their constituents.

'present' Isn't that how Obama voted most of the time when he was a senator?

I don't think there will be another vote until the actual one where they pass the ceiling.

Reports from the latest WH meeting on this issue don't indicate that Obama is buying into the Republican BS; in fact, quite the opposite. And I firmly believe that this issue is a political loser for the Republicans, because they have no real leverage.

The truth is that the GOP leadership is ALL on record as saying 'the limit will have to be raised this year.' So if Obama refuses to go along with their plans to hold the country hostage, do you honestly think they will allow a default to happen? Never. It would tank many of their allies on Wall Street and throw us into a major tail-spin. Obama would rightly pin all the blame on the Republicans and I have no doubt the public would eat that up. The media certainly would spin it that way.

They have no real leverage on this issue whatsoever, other than demagoguery and lies. If Obama refuses to sign their demands, they'll have to raise it anyway, and they know it.

Cycloptichorn

Here's the Gallup poll from May 13.

Americans Oppose Raising Debt Ceiling, 47% to 19%

I think the vast majority of people have zero understanding of this issue or the complications that not raising it would bring about, so I'm not too persuaded by that.

'Don't know' in that poll is 35%; that's pretty damn high. Another 30% who actually answered one way or the other don't know anything about it either and just parrot their party's position. Color me unconvinced by public opinion on that one, and I doubt the Dems are either.

Cycloptichorn

The reason that the majority don't want the debt ceiling increased is because of the lies and threats that the GOP has been making "to reduce the cost of government." Many don't realize that without increasing the debt ceiling, seniors and the military will not get paid.

Their opinion about the debt ceiling is based on ignorance; they want to cut their own throats. If they understood what would happen, the majority who doesn't want any debt ceiling increased, will find themselves without their social security benefit, and the military will not get paid.

The American voters are ignorant.

The GOP has been responsible for the debt in the first place.

The dumbmasses don't understand how much debt the
democrats and Obama have racked up over the years.

It's because dumb-asses like you don't understand how GW Bush left this country in a Great Recession. It could have fallen further into the Second Great Depression, but Obama through his actions saved this country from a more dire result. Most expert economists agree with this conclusion.

You use only your politically biased-ignorant brain to arrive at conclusions on subjects you know nothing.

little imposter, you have read those talking points so many times
that you are believing that the lies you spew are actually facts.

please educate yourself on the matter before you make yourself look more the fool.

Pretty amazing day on Wall Street as major indices down 2.2% or so.

That after the GOP warned Wall Street that this vote didn't mean anything. It was all for political show.