Churchill on the Debt Limit Crisis
“I do not believe in looking about for some panacea or cure-all on which we should stake our credit and fortunes, trying to sell it like a patent medicine to all and sundry. It is easy to win applause by talking in an airy way about great new departures in policy, especially if all detailed proposals are avoided.”
No, Sir Winston has not interrupted his first million years painting to comment on the recently “resolved” debt debate, raising the United States National Debt by another piece of pocket-change—$2.4 trillion (a debate held not between borrower and lender, like you and I would, but two sets of borrowers, or rather spenders: the Democrats and Republicans—as Mark Steyn aptly put it.). The comment above is from 5 October 1946.…