Thank you Sen. Heller and Congressman Heck for voting against raising the debt ceiling today. Get well soon, Congressman Amodei.
But your colleagues continue to spend like drunken sailors.
No, that’s not true. All the drunken sailors I ever hung out with stopped spending when they ran out of cash.
When I was in high school, the national debt was about a tenth of what it was today.Â People with common sense started questioning it, but they were shut down by the politicians, who referred critics to Maynard Keynes.
Keynes, those politicians assured us, advanced theories that supported wild-eyed politicians borrowing money against our children’s tax payments, in order to improve the economy. That’s what they taught in high school government classes then.
Today, the Internet lets us fact check our politicians. Here, for example, is a website devoted to Keynes, but there are many others.
Yes, Keynes theorized that government borrowing during a recession can help bring an economy back to life. But folks like Harry fail to read page two, where Keynes says once a government improves the economy, the government needs to PAY BACK THE DEBT from the tax proceeds that have been boosted by the successful deficit spending.
It’s only common sense.
No one can tell if today’s majority of Congress continues to make our bad situation worse because they lack common sense, or deliberately seek an unsustainable government built on false promises of dependency.
It hurts to write that.
Every hundred million dollars the federal government borrows to make payroll makes the United States of America a little bit weaker on the national stage. Any of my clients who have borrowed to make payroll were completely defunct within six months.
Government can’t go broke, so it’s got to be fixed, painful as it’ll be. But we’ve got to fix it.
I want to do my part. I want to increase the population of Searchlight by two.