From: grarpamp <grarpamp@gmail.com>
   On Sat, Oct 3, 2015 at 9:32 PM, jim bell <[1]jdb10987@yahoo.com> wrote:
   > (say, $500 billion), Congress should raise it $XYZ-million per day.
   Thus
   >Sorry, but debt is supposed to be something incurred in a time of need
   >which you are generally able to repay in a mutually acceptable
   timeframe.
   >When you start pushing 100yr schedules, you're approaching lifetimes
   >of humans and govts themselves, funny that structuring ;-)
   I think you misunderstood me.  I was not somehow "approving" debt,
   especially not debt of the magnitude of 18 trillion.
   Rather, I objected to the practice of raising the debt limit in large
   instantaneous jumps, in contrast to small, daily raises.
   And, I also objected to NOT using the debt limit as a further lever by
   Congress on President Obama, and the minority Democrats in Congress:
   Congress should allow a daily debt limit rise which is coupled, soon
   enough, by limits on spending which Obama cannot veto, and which the
   Democrats in Congress cannot filibuster.
                 Jim Bell

References

   1. mailto:jdb10987@yahoo.com