Debt Madness

The politics of the moment are quite revolting. The debt ceiling "debate" is one that everyone should get but few of the clowns in Washington are willing to make the right choices. The statists want to continue to spend taxpayer and borrowed money. Those with a brain do not. The House passed the Cut, Cap and Balance bill much to the chagrin of most Liberals. The Senate won't vote for it. The President will definitely not sign it into law. The games that are played in DC are simply retarded. The right could vote on a bill stating that we all have a right to breathe oxygen and the left would vote against it simply because it was the right's idea. The inverse is true as well.

Our country is broke. It borrows more money than it takes in. There is not a revenue problem, unless you want to throw in that 50% of the county's citizens pay no taxes. There is a spending problem. Most States in this country have to balance their budgets or things shut down. See Minnesota the last few weeks. Most households cut back when the revenue is not there. They (usually) don't buy more than they can pay for. Credit card idiots notwithstanding.

Columnist John Hayward sums it up best from The Patriot Post:

The same politicians who spent $1.7 trillion more than they collected, in just this year alone, say the problem is that private citizens are not paying enough. ... [B]ecause the political class has made the national debt so high, it is able to insist that taking a chance on the power of liberty is an irresponsible gamble. Because the government lives so far beyond its means, it would be irresponsible to provide it with reduced means. This is how we have reached the madness of a moment when the national debt is used as an argument against spending reductions, or growth-oriented tax and regulatory policies. The insane problem becomes a weapon against rational solutions.