1.0Godonomicshttps://www.beliefnet.com/columnists/godonomicschadhovindhttps://www.beliefnet.com/columnists/godonomics/author/chadhovindUncle Sam's 12 Step Program - Godonomicsrich600338<blockquote class="wp-embedded-content" data-secret="7V1BEkL7yI"><a href="https://www.beliefnet.com/columnists/godonomics/2011/07/uncle-sams-12-step-program.html">Uncle Sam’s 12 Step Program</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.beliefnet.com/columnists/godonomics/2011/07/uncle-sams-12-step-program.html/embed#?secret=7V1BEkL7yI" width="600" height="338" title="“Uncle Sam’s 12 Step Program” — Godonomics" data-secret="7V1BEkL7yI" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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Uncle Sam has finally hit the wall. After years of intoxicated binges on borrowing and inflating, the US government has hit the new debt ceiling. There are many theories and predictions as to the consequences of not raising the amount we can borrow. Raising the debt ceiling is the equivalent of Uncle Sam drinking more…