Team Obama's Debt Limit Scare Tactics Are Getting Old -- Fast

By John Lott

Published May 19, 2011

| FoxNews.com


Wasn't the world supposed to end on Monday? No, I'm not talking about May 21. But on Monday, the U.S. government officially hit its debt limit, but where are disasters that the Obama administration have been predicting for months? We were warned that hitting the debt limit would be "deeply irresponsible" or “insanityâ€