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Debt ceiling delay may blacken Black Friday

sincity

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sincity Rookie

sincity

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Debt Ceiling Black Friday
Retailers are already busy as beavers planning their Black Friday promotions for November 28th. But guess what else might arrive on November 28th? Default on the sovereign debt of the United States of America! This could put a bit of a damper on the Black Friday festivities. According to Washington Post, the GOP is going to propose a six-week extension on the debt ceiling talks. That would push the debt ceiling breach deadline from October 17th to the end of November.

 

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Narbisaur Newbie

Narbisaur

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No way the GOP would let that happen. The only reason this is allowed to continue is because ridiculously out of touch people don't understand what the debt ceiling is and what is going on right now in washington.

 

The debt ceiling doesn't help anyone save money. At all. It's quite an unnecessary thing, used solely as a political tool, mostly through mass media.

 

A default, however, would cause people to get screwed in one of their favorite consumerism months, which they would notice first-hand at Walmart and such, which WOULD piss them off, and they WOULD be looking for blood.

 

No way the GOP is dumb enough to let that happen.

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