Tell NPR, It's a Debt Ceiling Crisis, Not a Debt Crisis

NPR misrepresented the nature of the crisis in a comment introducing a Morning Edition segment on the pending default of Jefferson County, Alabama. It referred to the country suffering a debt crisis. This is not accurate.


The problem is one of Congress refusing to raise the debt ceiling. This would be comparable to someone losing their checkbook even if they had still had $20,000 in their account. They may face a problem getting money out of their account until they get more checks (or learn ...

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Published on July 28, 2011 02:29
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