Current Events — HabitableZone

Current Events » in reply to U.S. credit rating in danger

Re: danger

Well, then why don't they just scrap the debt limit altogether? It's been a ghastly joke for years.

Oh, wait. That would create a financial crisis too, as everyone is forced to publicly realize that our government is just pretending to believe in economics.

Obviously a lot of politicians have a very strange idea of what the word "limit" means. The solution is right there: cut spending so we don't have to borrow more. But nobody WANTS to do that, do they? If someone you knew kept asking to have the limit on their credit card raised as they kept jacking up their debt, would you tell him that endlessly raising that limit is the best possible idea for his economic well-being?

We're spending twice what we were in 1988, in constant dollars. In other words, the Federal budget has doubled in the past 23 years. And somehow every damn nickel is absolutely essential to the running of our country.

Cut the crap, cut the spending, and cut the borrowing.

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