-By Chris Slavens
Should the U.S. government, which has amassed a staggering debt of $14.5 trillion (about $4 trillion of that since President Obama took office), increase its debt limit? The question ought to be rhetorical; $47,000 per citizen is quite enough, thank you. Polls indicate that many voters don’t fully understand the ongoing debt ceiling debate, but even the least sophisticated laborer knows that spending more than he makes will eventually get him into trouble. Big trouble.
The Democratic Party, which still controls the federal government despite Republican gains last fall, seems to have missed the memo. This is hardly the first time they’ve been at odds with reason, but one would think they’d have learned by now. After failing miserably to stifle the Tea Party movement, which sprang up in opposition to excessive taxation, irresponsible
spending, and the unconstitutional expansion of government, frantic Democrats have developed an astonishingly unlikely comeback strategy: Raise the debt limit, raise taxes, and spend more.
During last year’s campaign season, Obama compared the U.S. to an automobile. Put it in “D†to move forward, or “R†to move backwards, he joked. The car is moving forward, all right–towards the edge of a cliff. Instead of changing course, or slowing down to get a good look at the road ahead, Democrats are mashing the accelerator. Those who want to increase the debt limit are comparable to irresponsible consumers who max out their credit cards, and, instead of cutting back, apply for more. The word “unsustainable†is overused in politics, but it is the correct adjective for describing liberal policies.
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Debt-O-Crats Are Spending U.S. Into Depression”