One of the favorite "arguments" (if that word doesn't connote too much thoughtfulness to be applied to such statements) of tea party enthusiasts is that the government, just like Americans, needs to live "within its means."
Since when do Americans live within their means?
The last time I checked, which was about 5 minutes ago, the average amount of personal debt held by Americans, which includes mortgages, car loans, student loans and credit card debt, was almost $52,000. By contrast, Americans' average annual savings is only about $7,000 per family. In other words, Americans live on credit, and have been for some time, just like the Federal government, only more so.
So, the idea that Americans balance their budget and live within their means is, like everything else these tea party enthusiasts make up, well, made up. What a surprise.
Showing posts with label debt limit. Show all posts
Showing posts with label debt limit. Show all posts
Thursday, July 28, 2011
Saturday, July 16, 2011
Playtime for Republicans
Does anybody know where Eric Cantor's bib and pacifier are?
It's definitely time to let the kiddies outside to play while the adults talk and make decisions. While Cantor is whining about how President Obama "stormed out" of their meeting on the deficit and the debt ceiling, the Republicans are still holding up any meaningful progress from being made and, for completely inexplicable reasons, Obama seems content to cede the majority of their absurd demands anyway.
What Obama should say to Eric Cantor and his infantile colleagues now is something long the lines of "This is a serious discussion, which means YOU stay out of it." The Republicans, with the exception of any who have previously demonstrated that they are capable of behaving like mature adults (are there any like that currently in office?), should be ushered into the playground with the door locked behind them until the issue has been resolved. Then, if they are really good, they should be allowed back in - with the stipulation that next time recess will be withheld for a month.
It's definitely time to let the kiddies outside to play while the adults talk and make decisions. While Cantor is whining about how President Obama "stormed out" of their meeting on the deficit and the debt ceiling, the Republicans are still holding up any meaningful progress from being made and, for completely inexplicable reasons, Obama seems content to cede the majority of their absurd demands anyway.
What Obama should say to Eric Cantor and his infantile colleagues now is something long the lines of "This is a serious discussion, which means YOU stay out of it." The Republicans, with the exception of any who have previously demonstrated that they are capable of behaving like mature adults (are there any like that currently in office?), should be ushered into the playground with the door locked behind them until the issue has been resolved. Then, if they are really good, they should be allowed back in - with the stipulation that next time recess will be withheld for a month.
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