The Best Quote on The Debt Ceiling Debate

///The Best Quote on The Debt Ceiling Debate

The Best Quote on The Debt Ceiling Debate

The more I watch our political process in motion the sicker to my stomach I become. Where is the voice of reason?

I thought local Utah blogger Connor Boyack summed it up nicely.

These alarming circumstances have not been found without a silver lining by some. Several congressmen, Senator Mike Lee chief among them, are seizing the opportunity to impose more long-term restraints by exploiting short-term conditions. Specifically, they are demanding that a balanced budget amendment be passed (among other conditions, all part of the “Cut, Cap, Balance” plan) as a pre-condition to securing enough political support for raising the debt limit. In other words, they are generally suggesting that they support raising the debt limit, so long as a vote is taken on the proposed balanced budget amendment.

This is utter nonsense. Imagine a reckless teenager who spends all his parents’ savings, maxes out their credit cards, and then demands—with physical threats—that they increase their credit limit and give him a larger allowance. It would be absolutely absurd for the parents to yield to such demands, especially in conjunction with a request for the child to not spend as much of their money in the future as he had in the past. Any sane parent would cut up the credit cards and work tirelessly to prevent that child from having any access to their finances from that time forward.  -Connor Boyack at Connor’s Conudrum

By |2016-11-10T20:52:56+00:00July 27th, 2011|Categories: Barack Obama's America, Government|Tags: , , |1 Comment

One Comment

  1. Chris July 29, 2011 at 4:52 am

    I might accept that metaphor if the debt limit was defined as a percentage of GDP – but it isn’t. It’s a set dollar amount. Which means that as the GDP increases, the debt limit must increase along with it.

    Which, of course, isn’t to say that the government can keep spending money like there’s no tomorrow.

Leave A Comment