That Debt Ceiling Vote

Dire warnings have been issued from the White House concerning the need to raise the debt ceiling. You see, we are about to bypass the most recent raised ceiling once again. We’re already over $14 trillion in debt and now we’re being told we have to go even deeper into that hole:

The worst-case scenario being emphasized is that the country will default on its payments if the ceiling isn’t raised. I agree that’s a serious issue, but we seem to be overlooking one of the options:

If we’re really serious about forestalling economic Armageddon, shouldn’t we turn off the spigot? Just how high do we want this debt to go?

We also have to take into consideration what we’re doing to future generations:

The problem, of course, is that we are reaping what we have sown. If we can’t cut the spending immediately—in time to meet our obligations—we might have to raise the ceiling again. However, I won’t support any further debt unless it is accompanied by rigorous, meaningful spending reductions that will ensure it won’t have to be raised again. Is that possible? I’m not sure. I hope those in Congress who take this seriously can achieve either immediate reductions or set up a plan that will lead to major spending cuts in the coming months.

Nothing less is acceptable.

The Debt Legacy

The Founders of America were always talking about posterity. They wanted to be certain that they created a government and a society that would bequeath liberty and virtue to their children and their children’s children to untold generations.

I still hear talk of doing things “for the children.” Bill Clinton was a master of using the children to promote his policies. But if the policies we follow are going to bind future generations to a massive debt, it becomes obvious some politicians are making “the children” props for their schemes.

I encourage you to go to the following site for a does of reality—http://www.usdebtclock.org/—and see just what we are placing on our children. As of the moment I am writing this blog post, the United States is $12,672,000,000,000+ in debt. That works out to $41,016 per person, $115,491 per taxpayer. The largest budget item is Medicare/Medicaid, coming in at more than $765 billion; the interest—just the interest—on the national debt is fast approaching $200 billion.

Kids, this is your legacy.

Congratulations.

Speaking of congratulations, did you read about one individual who is absolutely thrilled by passage of the healthcare bill?

When Fidel Castro is on your side, you’ve already lost. You would think that would make some Democratic politicians pause. I predict, though, that they will not stop their march into madness.

Ah, yes, a way to get more votes. That’s all that counts, right?