The US Senate today voted to raise the US Debt Ceiling so we’re free to continue borrowing like children. I realize that as a percent of GDP, and per capita, etc, etc, etc it’s not that bad, but shouldn’t we stop somewhere? At this rate we’re going to have to wrap text just to fit it on a page. Whether you’re a democrat or a republican, I think it’s time we force the government to control spending.
The best quote that I’ve heard lately was in regards to the “earmarking” reform that seems to have lost traction in Congress. While speaking to NPR an analyst commented that since President Bush doesn’t seem willing to veto spending bills to control Congress, that our government has no “adult supervision”.
It’s easy to blame the republicans or the democrats, or say that the President should do more, or Congress should control themselves but, in the end, isn’t it our job to supervise the government? While that bridge in your state may be a cool idea, or getting a butterfly garden for your town might help local tax revenue, maybe we should stop thinking of the federal government as our rich uncle who can fund anything.
- What happened to the time when a local town was responsible for funding the local school?
- Why must the government be involved in the new zoo you want to build?
- Why can’t we give our money to local churches and charities to help those down on their luck?
While it may be easier to just give our money to Uncle Sam and let him figure out who needs help, if we would take just a little responsibility for ourselves we could get much more for our money and maybe actually get something done.
Reuters.com
Frequently Asked Questions (FAQ) about the Debt
brillig.com U.S. National Dept Clock