The government debt crisis seems to be worsening. The solution that Congress seems to have selected is to get another credit card. I wonder if they have ever considered stopping borrowing. I assume that such a plan would involve quite a bit of belt tightening for some time.
The United States of America is a great, safe place to live. Americans are like tenants in a huge 300 million family home. We pay a certain amount of rent each year, called taxes, and we are able to use all of the facilities of the home. Corporations and oil companies are aware of the benefits of living here.
Now the landlord is in fiscal trouble but the dolt won't even consider raising the rent. Some very well off tenants live here practically rent free. It is much like having a relative that pays no rent. Some of the well off tenants have summer places in other countries. It is like having a child that has an apartment across town and therefore pays no rent at home but shows up at suppertime every day with a bag full full of dirty laundry. It might be time to tell certain corporations "You either live here and pay rent or hit the road permanently.".
Congress doesn't have to fret. I am sure that there is a letter in the mail, postmarked Beijing, that states "You have been pre-selected for our new Brass Credit Card.". Fees and credit terms will be printed in very small letters on the edge of the paper.
Belt tightening has one very large opponent. It is the Beltway! Maybe Congress should buy some Powerball tickets. That would be acceptable to both parties and if they win, they could go on with their life of limos and free lunches and cruises and sailboats and the really big shrimp and cigars and brandy.
I recommend that a motto be inscribed on the Capital building. "L'Etat c'est nous.".
As for the recent budget talks, I am reminded of something Samuel Clemens once said. "Facts are stubborn things but statistics are more pliable.".
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment