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Lew: No debt limit countdown clocks (please)

This final note today: A plea from federal budget director Jack Lew, who as you might imagine has a lot on his plate these days... And he's trying to head off trouble at the pass.

Lew's asking media organizations not to run those countdown clocks as we get closer to the debt limit. Yes, cable news, he's talking you.

Even though Carney and Salmon assured us earlier in the show that we'll never get there, Lew says the mere fact of anticipation would undermine our position as an economic power.

So, no countdown clocks here.

But, tick tock.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.
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I am glad to hear, on Marketplace, that there is in fact a countdown clock. Does the GOP really think that they can bring the economy to a halt, and expect us to vote for them in the next election? "Look how we are ruining the government, now vote for us and we will fix it" is what the GOP says. They are the party of NO. When the health care act was coming up for a vote, they said NO. Which means that they want insurance companies to deny coverage to infants because of birth defects, which they say are preexisting conditions. They almost shut down the government a few month ago because cutting the deficit was more important than creating jobs for the American people. Now, it is the debt ceiling. When bush was in the white house, they said nothing about the debt when taxes were cut for the wealthy. It is a bad time we are in when the thoughts of the government is that some banks and corporations are too big to fail, and the american people are to small to care about.

I am glad to hear, on Marketplace, that there is in fact a countdown clock. Does the GOP really think that they can bring the economy to a halt, and expect us to vote for them in the next election? "Look how we are ruining the government, now vote for us and we will fix it" is what the GOP says. They are the party of NO. When the health care act was coming up for a vote, they said NO. Which means that they want insurance companies to deny coverage to infants because of birth defects, which they say are preexisting conditions. They almost shut down the government a few month ago because cutting the deficit was more important than creating jobs for the American people. Now, it is the debt ceiling. When bush was in the white house, they said nothing about the debt when taxes were cut for the wealthy. It is a bad time we are in when the thoughts of the government is that some banks and corporations are too big to fail, and the american people are to small to care about.

Mr. Ryssdal,

I am disappointed that you are affirming the government's request that the debt limit clock be hidden from public view. Don't you think that the American people have the right to know how close our irresponsible government has come to going entirely bankrupt? We need to fix this problem. I don't understand how our government can conceive of continuing to fund the wars in Afghanistan and Iraq when we are running out of money. Kai, I am surprised you would be proud enough to say you you aren't displaying the countdown clock.

If there is no substantial risk of the United States exceeding its debit limit, then why should we not let this information be widely published? I would wager that we are more in danger of exceeding the limit than those in government would like us to believe. Congress needs to get its act together and swallow the poison pill, raise taxes and cut the DoD.

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