Too stupid to understand debt ceiling?

Are Americans too stupid to understand the debt ceiling? That’s what one Congressowoman said – and then moments later she couldn’t explain it herself!

Congresswoman Jan Schakowsky said that the federal government will stop paying the check if the debt ceiling isn’t raised, but at the same time said that there is a trust fund set up with enough money to pay Social Security through 2037.

“It’s a pay‑as‑you‑go but we also have a trust fund.  If you don’t have a pay‑as‑you‑go, then use a trust fund,” Pat explained.

But when the reporter interviewing Schakowsky asked why Washington won’t just go to the trust fund to pay the Social Security checks, sha said “You don’t understand how Social Security works.”

The reporter pointed out that her remarks echo those of the President who said “let me distinguish between professional politicians and the public at‑large” when asked if he still needed to convince the American people of the crisis which could occur if the debt ceiling was not raised. “The public is not paying close attention to the ins and outs of how a treasury auction goes,” Obama added.

“She thinks if you can just say it and say it with a straight face, everyone’s going to believe it,” Stu said of Schakowsy’s remarks.

“Most people will assume that they are missing something,” Glenn said. He also suggested that the average American would explect the media to report on misstatements or outright lies coming form politicians.

“No one in the press is going to come to the party.  No one in the press is going to set this straight.  No one.  They’re not going to do it.  Trust me, I’ve tried.  They are not going to do it.  Move on from the press.  You must be the press.  You must be the person that sets things right.  And you must understand that you are smart enough to figure it out.”