Ceiling Our Fate

“We just can’t wait to the last minute to resolve this. We are, simply put, playing with fire right now, and our country has suffered so greatly over the last few years. The human and the economic cost of the pandemic has been wrenching, and we don’t need a catastrophe of our own making.” So said Citi CEO Jane Fraser as business leaders met with Joe Biden to explain the importance of raising the debt limit. (They’re talking to the wrong side. This is a ridiculous and craven delay on a pro forma move driven by those who consistently put party over people.)