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So I have seen dozens of people post this poster over the past two days and I will not go into commentary over the content thereof for the most part. This is a highly educated individual and who am I to question his logic. However, his well reasoned argument ends with the same moronic idea that so many people seem to be tossing around. That is the idea that if the Debt Ceiling is not raised and we exhaust our ability to borrow more money that everything is going to be super de duper cool and everyone will be just fine.
Now once or twice in this blog chain, I have tried to explain why not raising the Debt Ceiling would be disastrous for this country. Republicans and their robots keep talking about how we will still be able to pay the debt we owe to our Lenders and be just fine. They point out that the money the nation takes in is more than enough to pay the interest on our debts and from a purely technical point of view, they are correct. We would be able to pay the interest on our debts in the case of the Borrowing Limit not being increased. Course, that is about all we would be able to pay.
Pissed about jobs being furloughed and salaries not being paid? Well, if the Debt Ceiling isn't raised, then there are going to be a lot more people furloughed and not being paid. Upset because your favorite Federally Sponsored Place is closed? Well, that will keep happening. How about the Salmonella or Hepatitis Outbreaks that happened because most of the FDA has been furloughed? How safe are you going to feel munching into that chicken leg when even the few inspectors still working are furloughed?
Simple math tells you that we don't "Make more than enough money" to keep all of these things going. If we did, we wouldn't have a Deficit to begin with. Despite what so many Conservatives love to whinge about, a lot of Innocent Women and Children who depend on WIC will suffer. Social Security Payments can be counted out. Same goes for Veterans Benefits and Medicare. A lot of people count on Medicare for medicine and healthcare. How many people are our so called leaders going to let suffer because the Preschoolers in charge of the Fed can't quit screaming long enough to reach some form of agreement?
This whole disaster started over the fact that the Republicans want to defund and destroy the ACA. All well and good, more power to them! Fight the Power! But it has devolved so far below that into a petty squabble that basically sounds like "Well, I'm not gonna!" and "Well, I'm not gonna either" with a few "Neener neener neener"s and some raspberries thrown in for good measure. At this point neither side is interested in helping the American People. All they are interested in is making sure their "side" doesn't lose. I mean really, honestly who really believes that the Dims and the Boobs really have America's best interests at heart.
I will leave you with the words that my amazing wife posted when she saw a friend had posted the post above (Wow that is a lot of post!). It sums up the situation very clearly and cuts right to the chase. "Please pay particular attention to the next to the last paragraph. If the debt ceiling is not raised, it means the Government is not allowed to incur new debt. New debt is incurred everyday a federal employee works. If the Government cannot incur new debt, not only will the furloughs continue; but, the Government will not be able to inject money into our economy through grants and new contracts. All of the Defense companies will have to layoff or furlough workers as well. As one of the largest employers in the country, this will have an unbelievable ripple effect."
As a final amusing aside here, I was surprised to see one of my FB contacts post an article from a "respected news source" (It wasn't really, just another loud mouth with a blog like me.) The article gave a long rant about how Obama and the Dims are destroying the country, but begins with "With a clear paper trail proving that he was born in Kenya..." I had to think, "Really?"
Folks, if there was a "clear paper trail" of any kind proving anything it would have shown up before now. The closest thing we had to "proof" was when a Crotchety Old Sheriff sent his people to Hawaii on the taxpayer's dime and came back with some disjointed and highly illogical story about document numbers. Real experts have been trying to prove that Obama is not a native born American since the first elections and they have found Nothing! Whether you like President or hate him, he is a Natural Born American Citizen and is a Christian not a Muslim. (Not that the last one would disqualify him from running for POTUS. Any time some crazed Birther trots out his paranoid delusions, he is only looking everyone else look bad.
So, in 4 days we will reach our Borrowing Cap. I personally feel that we need to stop borrowing money and start balancing the books. However, that isn't going to happen in 4 days. Unless we truly want this nation to come screaming to a halt and collapse back into another Recession, we need to increase the Debt Ceiling. Then we need to get these Schmucks in DC to either do their job or get the Hell out. Maybe if we chuck the entire lot (Well okay we are stuck with the POTUS for a couple of more years) in 2014, the ones coming in might just learn their lessons. Prolly won't happen the first time, but if we keep doing it eventually even the dimmest bulb will learn their lesson.
End of Rant
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