May 17, 2011
On the emergence of a new political epithet.
There's actually a new term, it's just like 'deniers' – global warming deniers, climate change deniers, you know, connect them, relate them, to the Holocaust deniers. Now default deniers. The conservatives – on the outskirts of economic circles, who don't believe that default will lead to dire consequences – are now default deniers. Why is there even a debt limit if it would be catastrophic if it were not raised whenever it suits Congress to raise it?