ThomWV
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Thu Jul-07-11 05:55 PM
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For goodness sakes, why not address the debt limit problem in the traditional way |
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The debt limit is $14.29 Trillion, our debt is rapidly approaching that amount. However its not often mentioned that of that $14 Trillion about 1/3 of it is money "borrowed" from the various trust funds (Social Security, Highway gas taxes, that sort of thing) for which it can be said the Government owes itself.
Our Government has a strong recent history of simply redefining things to suite the needs of the moment, no group is better at it than the Republicans. So why doesn't Obama borrow a page from their play book and simply declare that the National Debt subject to the Debt Limit is currently $10 Trillion dollars (claiming that the money the Government owes itself does not count) which is well within the current limit. Poof! Problem solved.
Of course the Republicans would squeal like stuck pigs - a pleasing sound.
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DesertFlower
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Thu Jul-07-11 05:58 PM
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1. i guess that's why they want to cut social security. |
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they stole/borrowed our money and they don't want to pay it back.
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DU
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Thu Apr 25th 2024, 04:06 AM
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