I'm starting to get tired of hearing about 'raising the debt ceiling' and how 'America's credit rating will be lower' from its esteemed 'AAA' rating.
FOX new's has just about raped this story the ammount they are airing it. Alright, so its pretty obvious that Obama has basically been spending money like an over privledged girl in Beverly Hills but whats done is done; The House and Congress need to act. I mean some of these reports talk about this issue like the apocolyps will be here come August 2nd, the suspected day the Governemnt will run out of availible funds.
The Economist ran an article in last weeks edition putting a lot of blame on the 'Tea Party' activists and Grover Norquist's, a lobbyist for American's for Tax Reform. The Economist seems to think there is potential for 'an eventuality with incalculable consequences' for the world economy unless the debt ceiling is raised. I smell liberal propoganda.
Listen, lets get to the point of this post. Instead of passing blame and bickering like a bunch of fucking sorority girls lets figure this shit out. I have the upmost confidence that a decision will be made before August 2nd, and if the government decides to hold firm on not raising the debt ceiling, then the appropriate cuts will be made.
The United States government and its representatives are not the only ones who have over borrowed and overspent. Look at the average Americans credit card debt, or the cause of this recession we find ourselves still climbing out of. Americans have a tradition of borrowing beyond their limits and wanting/having more then they might need or even want.
Instead of passing blame, we should be looking at how we should move forward in government regulation, cuts, legislation etc, and how we as American's can live more fiscally responsible lives.
Ight, ima hit the gym. Peace
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