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updated: 8/11/2011 6:52 AM

Half of us living in denial

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A recent CNN survey of more than 1,000 adults found that 51 percent thought that not increasing the debt ceiling would have little to no harm on the economy.

Business leaders and economists unanimously warned of a substantial setback to America's economy and long-term prosperity if the debt ceiling was not raised; however, based on the survey, a majority of Americans thought there would be no consequences.

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Our country's problems go beyond Washington and extend deep into Main Street. If the majority of adults feel it is OK not to pay our debts, not to meet our commitments and renege on our obligations, then we are a country without honor and self-respect. We are a country that will behave as a teenager, live in denial and act delusional.

We are in much worse shape than I ever imagined.

Kevin O'Neill

North Aurora

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