First published by Money Metals here:
https://www.moneymetals.com/news/2017/09/07/debt-ceiling-capitulation-dollar-trouble-001151
“Frustration” no longer adequately describes what reformers in Congress – along with millions of investors and taxpayers who voted for reform – are feeling. For many, hopelessness is beginning to set in on the prospects for tax, budgetary, and monetary reform following Wednesday’s GOP capitulation on the debt ceiling. Democrats shamelessly exploited the Hurricane Harvey disaster to couple the $7.85 billion disaster aid package with demands on unrelated issues in the budget. Instead, this emergency spending (and more to come) will simply be added to the national credit card.
