27 July 2011

Do Americans care about the debt ceiling?

I doubt it. 

I also doubt most Americans even understand it, let alone care. Let someone else fix it. Why should I care? It's not my job.


http://www.uncoverage.net/wp-content/uploads/2011/07/AFB-Debt-default-speech.jpg


Politicians and financial experts warn of economic collapse if there's no deal to raise the ceiling by next week. The vast majority of Americans don't share that concern, according to a survey.
As congressional leaders continue to duel ahead of the Aug. 2 deadline for raising the U.S. debt ceiling without signs of a deal, a large contingent of respondents to a recent MSN Money poll make clear what they think of the matter: They're sick of hearing about the whole thing.
From July 19-22, just more than 9,100 readers voted in the informal online poll, which asked, "Are you concerned about the debt ceiling?"
Forty-three percent answered that they were sick of hearing about it, while 39% reported feeling a little concern. Only 15% said they were concerned enough that the issue keeps them up at night, and a small minority, 3%, said they didn't know anything about the issue....
Most people are more concerned about who is on Dancing with the Stars this week, or whatever distraction they can find so they don't have tho think about the dark reality looming on the horizon.


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