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With the federal debt ceiling back in the news these days in connection with negotiations over the so-called fiscal cliff, right-wing Republicans find themselves with another golden opportunity to peddle demagoguery to the booboisie.
As I wrote here 16 months ago, lots of people seem to think that raising the debt ceiling would allow the Obama administration to spend more freely, to come up with more programs that will cost taxpayers ever more money.
This myth is fostered by irresponsible rhetoric from Republican politicians who warn against giving the president “a blank check.” That’s a bogus term, but it plays well among the dimwits ...
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