Re: Abolish The Debt Ceiling
posted at 9/26/2013 2:16 PM EDT
In response to portfolio1's comment:
In response to skeeter20's comment:
In response to MattyScornD's comment:
Seriously, what is the point is this artificial, "ready-for-my-closeup-Mr. DeMille", kabuki theater version of how to keep a government running half-smoothly...?
What is the purpose of voting to pay for laws that the congress has already voted to pay for...?
And even when they do finally get their thumbs out to vote, the debate itself spooks those precious markets and damages the nation's credit rating. The last clusterf**k in 2011 cost the government an extra $19 billion in interest alone.
This is the "uncertainty" that businesses hate and that repubs say is so bad, and yet they line up to dish it out every time. And the dems are no better on this score, either.
However, there's nothing remotely "fiscally conservative" about stamping your feet, holding your breath, and refusing to pay your bills on time....
I will agree with you IF:
1) The government is only allowed to spend in one year the expected revenue to be collected for that year, through thick or thin.
2) ALL borrowing would be short term borrowing, with all accounts settled and zeroed out on the last day of the fiscal year.
3) That the debt be the top priority, as in paid out, of each budget, with at least an equal amount of principle and interest each month, until gone.
If you hire someone to perform a service ... say defending the country by accepting their services in the armed forces... or you have a road or bridge fixed or buy a tank... you really do not have the right to then decide NOT to pay for it. The vote you are talking about is only to say that we agree to pay for what we ALREADY bought / agreed to. Someone has already been wounded defending our country.. a bridge or road already fixed, a tank built and delivered, etc.
No. If you tell someone to do the work you have to pay for it. No one would let you or I decide whether we would pay the guy who already fixed our leaky roof. We would be completely obligated to pay.
Your criteria would need to be applied to the process BEFORE we had someone fix our roof!!!! This vote comes well after the fact.
Therein lies the problem. Don't spend what you don't have. If that means our military is 6 boy scouts doing a summer internship and welfare is a glass of water and a pat on the back, so be it.
Liberals are of this mindset that we need certain things, and our ability to pay for it is irrelevant. That is the big lie of liberalism. the truth is government needs to be limited to no more than we can raise, and the rest of it is up to us as individuals.
Oh, and you don't go commting to things you can't pay for, up front. enough alread.y