"The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good"
About this Quote
Then comes the tell: “at least not until 2013.” The bravado collapses into calendar management. Carney is signaling that the administration’s real goal isn’t abolishing the hostage-taking logic; it’s postponing it past the next election window and stabilizing markets in the short term. The subtext is transactional and tactical: we’ve bought time, not solved the underlying incentives. By conceding a time limit, he also tacitly admits the other side’s power - the hostage is still in the room, just gagged until the contract expires.
Context matters: this was the post-2011 debt-ceiling era, when Washington’s new sport was manufacturing near-disasters and calling it fiscal seriousness. Carney’s intent is to reassure investors and voters that adults are in charge, while quietly acknowledging that the governing system now runs on scheduled crises. “Economic good” lands as a soft, technocratic benediction - a way of laundering political triage into responsible stewardship.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Carney, Jay. (2026, January 17). The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good. FixQuotes. https://fixquotes.com/quotes/the-debate-we-wont-be-having-is-whether-or-not-66409/
Chicago Style
Carney, Jay. "The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/the-debate-we-wont-be-having-is-whether-or-not-66409/.
MLA Style (9th ed.)
"The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/the-debate-we-wont-be-having-is-whether-or-not-66409/. Accessed 12 Feb. 2026.



