SniperFire
Senior Member
Well, if you feel we need something in place, then the ceiling needs modernized. We aren't on the gold standard anymore. Having an arbatrary dollar amount really doesnt make sense.
I read an article that suggested switching to a % of debt per GDP would make more sense( and I agree) and would also encourage lawmakers to pass laws that foster growth instead of relying on raising the ceiling every time we get close.
The LAST thing we should do is permit lawmakers to legislate away the teeth of the debt ceiling, but you had better believe the democrats will do it should they ever get another super majority now that they see how it can be used to thwart them.