Is it time to ABOLISH the debt ceiling?

Many economists and investors are saying that any marginal good it accomplishes isn't worth the repeated, damaging fights over it's implementation.



http://www.nydailynews.com/news/poli...icle-1.1488007



http://www.economist.com/economist-a...g-be-abolished



http://www.washingtonpost.com/blogs/...join-the-club/



http://www.washingtonpost.com/blogs/...of-it-forever/



http://www.huffingtonpost.com/2012/1...n_2147748.html



It would certainly keep the global economy from constantly lurching into near-panic mode every time we have a budget debate.

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