HomePolitics"Fabricated" Debt Ceiling Melodrama Threatens US Economic Bounce-Back, Treasury Drama Queen Proclaims

“Fabricated” Debt Ceiling Melodrama Threatens US Economic Bounce-Back, Treasury Drama Queen Proclaims

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WASHINGTON — Look out, Congress, you’re about to be in trouble! Deputy Treasury Secretary Wally Adeyemo is giving you a stern talking to. If you don’t raise the U.S. debt ceiling, you could cause a “manufactured” crisis that’ll derail economic progress. And no one wants that, do they? Except maybe your sworn enemies.
Wally, who’s been hobnobbing with financial leaders from around the world, is sounding the alarm. Nobody is lifting a finger to hike the $31.4 trillion debt limit, and it’s putting the entire U.S. economy in international danger. How dare you, Congress, how dare you!
“The last thing we need is a manufactured crisis in our country,” scolded Wally on CNBC’s “Squawk on the Street.” He’s not taking any nonsense from anybody, and he’s not mincing words. You snooze, you lose. And by lose, we mean lose the faith of the world in the U.S. economy. No biggie.
Oh, and in case you were wondering, procrastination is not the answer. Wally’s got it all figured out. Pushing back the bill to avoid debt default means “people are going to lose confidence in the U.S. economy,” and we can’t have that, can we? We need the whole world to maintain this unshakeable belief that everything’s going swimmingly in America.
In conclusion, Congress, it’s time to shape up or ship out! Wally’s got a lot of important people to meet, and he doesn’t have time for your nonsense. Let’s lift that debt limit and show the world what we’re made of. Or else…well, we’re sure Wally will come up with something appropriately terrifying.

Serious News: cnbc

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