Well in the nation's capitol, there has been an ongoing debate on how to manage the prolific amount of debt that has accumulated since the beginning of the war on terror. Now republicans who formerly supported(11 times!) the raising of the debt ceiling under the Bush administration until it reached trillions of dollars, now stand firmly and relentlessly against raising it further because they feel that we should manage and pay off the debt we already have... but with proper consequences that would follow suit. The reason being is that republicans plan on paying off the programs that have the most debt such as medicare, social security, etc. by appropriating funds from other federal programs such as the dept. of education, Federal highway admin., and anything that has to do with paying or giving aid to veterans and active duty soldiers.
Now under that plan, we might be able to pay a few bills(at the expense of education, infrastructure, and veterans) but if we refuse to raise the debt ceiling any further, it could create a major catastrophe in our economy and choke off access to other credit markets. In other words, it could cause another great depression. Now the republican party has been repeatedly warned about the consequences by every economist in America, but they have resorted to just covering their ears and hiding under the covers hoping that the 13 trillion dollar monster that THEY created will just disappear into thin air. It seems that there is no good solution to this, because the plans of the democrats are to just keep on raising it while crossing their fingers hoping that the global market will pan out in their favor by having an increase in consumer spending. But now we must sit and watch helplessly as our "leaders" who caused all our problems destroy themselves trying to solve them.
The moral of the story? Prolonged war is never a good thing, and the billions of dollars a month we spent fighting this decade long "War on Terror" is finally catching up to us. So choose your battles wisely, kids, because you might end up dying at the end.
definitely agree with all of your sentiments.
ReplyDelete"The moral of the story? Prolonged war is never a good thing, and the billions of dollars a month we spent fighting this decade long "War on Terror" is finally catching up to us. So choose your battles wisely, kids, because you might end up dying at the end" ...truer words were never spoken my friend. Couldn´t agree more.
ReplyDeleteNice, ill keep reading your blog, agree with u on this 1
ReplyDeleteWow, good info! Looking forward to reading more.
ReplyDeletegreat title, definitely true
ReplyDelete"Prolonged war is never a good thing." It never is. Especially poorly executed wars.
ReplyDeleteSomething has to give somewhere, while I don't agree with allowing the US to go further into debt I also don't agree with cutting funding veterans and other places where the money is well deserved.
ReplyDeleteThis is great!
ReplyDeleteyour first paragraph was the best bro!
ReplyDeleteI agree, but jesus, what a wall of text.
ReplyDeleteTotally agree man, followed.
ReplyDeletewe could use that money for so many other things than war
ReplyDeleteCutting the tax breaks for the ultra rich would eliminate the need for a raise in the debt ceiling. Republicans refuse to budge on this issue. If the upcoming legislation to drop prohibition on marijuana passes, it could be used to wipe the debt out in just ONE year! Great blog, man.
ReplyDeleteVery informative post, I totally agree!
ReplyDeleteGreat post Ifully support your opinion
ReplyDeleteCutting education and infrastructure...really? We're already godly retarded in America and our nation expands farther than most of our competitors. Way to shoot ourselves in the foot -_-.
ReplyDeleteI agree with Jack and lolmudkipz101
ReplyDeleteYeah.. This is a great point. America's values are all backwards.... Thank you for bringing this up!
ReplyDelete+followed
i agree with your opinion, although id like you to elaborate on that "choosing your battles wisely" part
ReplyDeleteA damn fine post, damn fine, couldn't agree more with what you said.
ReplyDeleteUgh politics, never liked them.
ReplyDeleteMilitary Industrial complex my friend, Eisenhower was right.
ReplyDeleteMy dear friend, DistribuyendoHierba, I like your blog. :)
ReplyDeleteFollow'd.
Definitely agree with your post here. I think America has really gone downhill in the last 10-15 years. Its a sad sad world we live in nowadays.
ReplyDeleteI believe things have to get worse before they get better.
ReplyDeletethis countrys government can run anything
ReplyDeleteHaha it's great how greed is symbolic of americans.. Followed! alphabetalife.blogspot.com
ReplyDeleteI love greed =D
ReplyDeletePS: Greed is good
the alien in the pic is my fav WB character
ReplyDeleteAt this rate, who can predict the future of the US? Good write up, always appreciate bloggers who take that extra step in their articles. +1 and following.
ReplyDeleteGlad to see someone is paying attention. This stuff is madness.
ReplyDeleteLike I've said before, war is good for the economy, just like cannibalism is nutritious.
ReplyDeleteFighting never brought anything good to anyone, diplomacy is the key!
ReplyDeleteHey! Im waiting for new posts =P
ReplyDeleteSo true...
ReplyDeleteagree, war isnt a good thing
ReplyDeleteWar sucks, just like a huge debt. US should deal with it quite asap, it could harm economy. Though it shouldn't be at the expense of education or medical care or st. Honestly I doubt if such a huge debt can ever be repayed.
ReplyDeleteAn unjust peace is better than a just war.
ReplyDeleteI'm anti-war. Not anti-enlisting though. And I'm certainly anti-huge defense budget cuts. Only reasonable ones.
ReplyDeletei hate politics for this reason
ReplyDeleteInteresting.
ReplyDeleteShame the world has to be like this.
It is over used these days, but still a great saying...
ReplyDeleteDiapers and politicians should be changed often, and for the same reason.
Agreed. Thankfully I don't have to directly deal with this issue as Americans do.
ReplyDeleteim glad i found another political blog! check out mine i talk about govt also
ReplyDeleteBetter than living in a 3rd world country atleast
ReplyDeletesame prob here in europe. some countrys have massive debts and the rest of europe has to help. -.-
ReplyDeletenice blog btw
+1
More money more problems. Sucks that less money more problems is also true in its own way.
ReplyDeleteP.S- Lol at "This is great!" on every blog.
This comment has been removed by the author.
ReplyDeletegreed is a son of a b****
ReplyDeleteI totally agree mate, greed sucks.
ReplyDeleteGood read!
ReplyDeleteDid you really write all of this? Because I really read all of this..
ReplyDeleteI must say, you bring up some great points, i say you have some sort or literary or political experience, no? You should consider a column in your local paper.
Anyways, since I took an interest in your sentiments, I followed you ;)
Keep up the good work
really don't like popunders, but good point you have here.
ReplyDeleteI feel bad for everyone hungry around there and billions directs in wars.
ReplyDeleteI agree with author. Nice read.
ReplyDeleteI just don't know how pillows work into this equation. I mean, there MUST be some kind of revenue generated by our country's bedding manufacturers, right?
ReplyDeleteWho are all you people? Where am I?
I think you are right to point out the hypocrisy of the GOP, voting before to raise the debt limit, and now standing firmly against it when they are the ones that contributed the most to the debt crisis.
ReplyDeleteI like your analysis.
Wars lead by the americans were always a disaster from the beginning.
ReplyDelete- followed
If I was in high up places I would do the exact same thing but unfortunately Im not
ReplyDeleteI do agree, good sir!
ReplyDelete