Raise the roof, Congress: Increasing the Debt Ceiling

Let’s be honest here. The phrase “debt ceiling” has been so reiterated over the last few weeks that the very usage of them causes eyes to glaze over faster than a cherry donut.

24-hour news channels only have so much material to work with, and even less material than that is actually important to discuss.

The result?

Tiny, non-stories are blown up into seemingly major news (Michele Bachmann gets headaches, Michelle Obama hates children because she thinks they should sometimes…gasp…exercise!). Meanwhile, important news stories are dissected and analyzed to the point that the majority of Americans begin to tune out the debate entirely.

A perfect example of this is the lack of urgency with which most Americans view the debt crisis.

With less than 24 hours until the August 2nd deadline, President Obama has just announced a tentative compromise is being put to a vote. And maybe that’s part of the reason that true panic hasn’t yet spread. Perhaps we all just assume that those cantankerous middle-aged white guys running the show in Congress will inevitably reach some sort of forced final hour handshake.

But what if they don’t?

Living in the nation’s capital, it is easy to forget exactly how much the government and its spending helps our tourism. Just think about it the next time you decide to stop in any of the city’s various museums. You’ll notice immediately that there are no admission fees. Such perks will find themselves quickly on the financial guillotine without a budget compromise.

And then, of course, the so-called socialist programs are also in danger. (Their socialism to corresponding-evil-ratio depends on whether you follow the news channel named after a certain animal typically described as “sly”). If the debt ceiling is not raised today, come Wednesday the government will have no choice but to financially reevaluate programs like Social Security and Medicare.

But the main reason Congress should raise the debt ceiling today, is also the same reason us little people pay our rent on the first of every month (ironically, also today). If Congress does not agree to raise the debt ceiling we will damage our credit around the world. I’m no mathematician, but even I can see that defaulting on your loans is probably a bad idea, especially if you are a country that depends on full faith and credit.

So Democrats, listen up: the time for compromise is over. Grow some balls and take care of business. Because I don’t want to have to pay the next time I go to the Smithsonian National Museum of American History hoping to see the original Kermit-the-Frog. Not even Dorothy’s ruby slippers are worth that.

- Lindsay

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4 Comments on “Raise the roof, Congress: Increasing the Debt Ceiling”

  1. Ross Wolfe Says:

    The ultimate capitulation of the Democrats to the Republicans, under whatever sham bipartisan “compromise” it was called, was as swift as it was expected. Keynes was right that in the end the whole system is doomed anyway, however he might have worked to forestall it.


  2. teenacncld Says:

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  3. Sunny Says:

    Hahaahha. I’m not too bright today. Great post!


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