I remember when I was a teenager and I was constantly borrowing money from my parents because it seemed that my lifestyle had become more than I could afford. I would beg, plead, tell tales of dire misery if I didn’t get the money, lie, say “oh I promise this will be the last time I ask”, and lastly, pout! Washington D.C. reminds me too much of myself as a teenager; only these people in Washington are supposed to be adults, aren’t they? Why is all of this important? My parents finally had to put a stop to the borrowing and teach me some hard lessons about money. The same thing is happening and needs to be done in our government.
We have a budget deficit in the federal government of approximately $ 1.7 TRILLION! Our national debt is somewhere around $16 TRILLION, give or take a few billion, In others words, this spending is UNSUSTAINABLE. The budget deficit is what we are spending OVER what the United States takes in from all sources. We have resorted to borrowing 40 cents of every dollar spent from one of our most dangerous enemies…China. Why do we engage in this adolescent behavior, you may ask? POWER! Our Congresspeople, both Representatives and Senators, are more interested in getting re-elected than in managing YOUR money in a responsible way. Your money? Yes, because the government is supposed to live only on what the people’s taxes will pay for.
By law, we have what is called a “debt ceiling,” which is the maximum amount of money the government can spend before it either has to cut spending to keep us with our revenue limits, or Congress must vote to raise that ceiling. Now here is where the fun begins. Democrats will be screaming, if the debt limit isn’t raised again, that senior citizens, the disabled, the poor, single moms, minorities, endangered species, and on and on, are all going to become victims without that extra money to throw at them. The Republicans are going to stand their ground (at least for an hour or two) and demand that the Democrats allow bloated government programs and agencies to be dismantled, discontinued, or reformed (God forbid). The threats, crying, pleading, horror stories, and lastly, the pouting will commence from both sides. Yes, there are BIG spenders in the Republican Party too!
You can bet that minority groups’ favorite giveaways will be the focus of the fiscally irresponsible demagogues wailing and doomsaying to all that will listen. The reason? Too much has been promised to too many people for too long. Those programs that have outrun their funding are in reality going to die sooner or later because their just isn’t enough money in this WORLD to pay for them, and Congress knows it! Some tough choices have to be made this time around by Congress because you don’t solve anything by throwing good money after bad, money this country no longer has. When do the adults take over and stop asking for money to throw away and start finding HARD solutions to a problem that could destroy our economy?
Photo credit: terrellaftermath
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A lot of the reps and senators in both parties seem to want the USA to go under, why else would they continue on the path we are on. Get rid of all the giveme’s, including foreign aid. If you did not work and pay into the system then you do not deserve anything. If you need, which we all do at sometime, limit it to no longer than a year.
Get rid of the illegals working here, the people coming off welfare can do the jobs they are doing. Go back to the ole saying “those that don’t work don’t eat’. I guarantee when they get hungry enough they will go to work. Get rid of food stamps, the ones on welfare do not need to eat better than those that work. If something to eat is to be given, go back to what they did in the 50′s give them commoditiess, the basic food. The kind you actually have to cook before you eat it.
Give a man a fish, feed him for a day. Give a “man” a Food stamp Card, feed him forever AT THE EXPENSE OF THOSE WHO ACTUALLY PRODUCE SOMETHING!
The debt ceiling is there for a purpose.Similar too what a fence does, it keeps the cattle, sheep, horses, chickens inside the boundaries and without our means or ownership.
With politicians, of both parties, the debt ceiling has become an issue to pander but not to take seriously.
I do not expect any change except the wires on the fence with be moved to some other site [foreign bonds, etc.] and all will be saved . . for the moment.
Only when one debtor understands we will not send the interest remittance as agreed upon and we will either inflat the debt [run the printing press 24/7] or default and start over.
Our politicans are not savvy in business or money management nor are they statesman/women. Venial to the core, with rarest exceptions, they will never understand why the clock stopped and history will move on and embrace other nations that aspire to lead or dominate the world.
Please forgive my lack of proof reading but my eyes are something of an issue today.
What I find totally amazing is there are other countries out there that are run by people as stupid as the ones we have running ours. Our government keeps raising the debt ceiling; refuses to submit a budget, refuses to make an attempt to cut spending [except to end all programs going to the voters] and their creditors just keep on giving.
If it is the law that Congress has to create a budget then why hasn’t it been enforced? Who is responsible to see the laws are obeyed when those that made the laws don’t obey them? Who the hell is the marshal in town here?