Tea Party Drives Debt Ceiling Resolution - Really?
The debt ceiling will apparently be raised before tomorrow's midnight deadline. The compromise reached won't address the deficit and debt problems in any substantive way, as I've said - and should (I hope) be obvious to most of you.
So today, as I was looking for some humor in the midst of this idiocy, I found it in the good old Wall Street Journal in an Op-Ed titled "Tea Party Triumph." Without dragging you through the tortured argument presented as to why the Tea Party should be happy that they've "won" a victory, the article does make you realize just how frightened the Journal and much of the political establishment must be of these Tea Party folks.
But that's not the humorous part. For that, you just have to read this: "...the deal is a victory for the cause of smaller government, arguably the biggest since welfare reform in 1996." Get this: raising the debt ceiling so that the government can borrow more to fund both current financial obligations, including programs that will grow the overall size of government - because they don't have the money to pay for these things - makes the government smaller.
Look at it another way. They'll cut $900 billion over ten years, which means an average of $90 billion per year, which means they'll cut $90 billion in the coming year, and add another $2.4 trillion of debt by 2012, i.e., in the coming year. Again, they'll cut $90 billion in spending so they can borrow another $2.4 trillion, i.e., spend another $2.4 trillion they don't have.
This is a victory for smaller government?
Okay, so it's just more idiocy. They shovel this idiotic stuff at us, assuming we're idiotic enough not to realize what's going on. We'll have to see if it works (meaning if most of us really are as dumb as they take us to be).
So what's humorous? Well, frankly, it's so bad I just find the absurdity funny. Hey, you've got to have a laugh every once in a while to keep your sanity, right?
So today, as I was looking for some humor in the midst of this idiocy, I found it in the good old Wall Street Journal in an Op-Ed titled "Tea Party Triumph." Without dragging you through the tortured argument presented as to why the Tea Party should be happy that they've "won" a victory, the article does make you realize just how frightened the Journal and much of the political establishment must be of these Tea Party folks.
But that's not the humorous part. For that, you just have to read this: "...the deal is a victory for the cause of smaller government, arguably the biggest since welfare reform in 1996." Get this: raising the debt ceiling so that the government can borrow more to fund both current financial obligations, including programs that will grow the overall size of government - because they don't have the money to pay for these things - makes the government smaller.
Look at it another way. They'll cut $900 billion over ten years, which means an average of $90 billion per year, which means they'll cut $90 billion in the coming year, and add another $2.4 trillion of debt by 2012, i.e., in the coming year. Again, they'll cut $90 billion in spending so they can borrow another $2.4 trillion, i.e., spend another $2.4 trillion they don't have.
This is a victory for smaller government?
Okay, so it's just more idiocy. They shovel this idiotic stuff at us, assuming we're idiotic enough not to realize what's going on. We'll have to see if it works (meaning if most of us really are as dumb as they take us to be).
So what's humorous? Well, frankly, it's so bad I just find the absurdity funny. Hey, you've got to have a laugh every once in a while to keep your sanity, right?
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