The Debt Limit

More Red Ink? Yeah, We’ve Got That:

“Congress has never failed to raise the debt limit when necessary. Because members of both parties have long recognized the need to keep politics away from this issue, these actions have traditionally received bipartisan support,” he [Timmay Geitner] wrote. “This is clearly a moment in our history that calls for continuation of that tradition.”

Spending: a language both parties of Congress can agree on. With much less expected in the way of tax revenue this year and 3.6 trillion in new debt to be issued over the next couple fiscal years, an increase is assuredly inevitable.

Both parties are weasels. Ronald Reagen, the great proponent of smaller government, set record debt levels as president. The Republicans lie to your face and tell you they want smaller government, and then massively increase it; the Democrats tell you straight out they are going to fuck you, and we're so mad at the Republicans, that we elect them, and then bend over.

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