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By Mr. Curmudgeon:
“America cannot afford another debate with this Congress about whether or not they should pay the bills they’ve already racked up,” said President Obama ahead of the upcoming debt ceiling negotiations, “We are not a deadbeat nation.” Obama made these remarks with a straight face.
Of course, to “pay the bills” the President and Congress have “already racked up” requires borrowing many more trillions of dollars – moving America toward the deadly debt-to-GDP ratio of 80% (we are currently at 73%). America, in reality, is a deadbeat nation in the making.
Speaking of deadbeats, House Speaker John Boehner assured Washington’s press corps that his bipartisan coalition of weak-kneed Republicans and hard-charging Pelosi Democrats will “do its job” by raising the debt ceiling in a “responsible” way while paying lip service to fixing Washington’s “spending problem.” If you are a dedicated and loyal member of the Republican Party and believe Boehner’s drivel, it’s time to have your head examined. The debt ceiling exercise underscores the tragic fact that as thoroughbreds are concerned, the GOP is a dead nag.
The old nag occasionally rises upon its shaky legs, makes a few noises about fiscal responsibility, and drops back to the ground, tongue hanging from its mouth – a reflex of decomposition.
The only interesting thing likely to come out of the phony debt ceiling debate is how the media portrays the irrelevant GOP as a robust cadre of Spartans blocking the narrow pass to the approaching Progressive armies. Something Sean Hannity and Rush Limbaugh will no doubt parrot. It’s a fantasy, of course, but dying nations are prone to irrelevant flights of imagination.