Do you understand this complex issue of raising the debt ceiling?
The money has already been spent. I agree, you can't get it back. But if I went to a bank and told them I was having financial problems and wanted to extend my credit line, they would a) fall over laughing, b) run me out of the bank or c) get me a financial advisor.
After being advised-lectured about my irresponsible spending habits, the banker would ask how my spending habits would be adjusted to avoid another request for a bank extension next year.
Isn't that what should be happening in Washington? We will have to raise the debt ceiling to get us out of the hole dug by Congress. In my household, we would reduce spending, but I'm not buying votes with taxpayer dollars.
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If you don't have it, don't spend it. Put a moratorium on foreign aid. You can't buy friends and respect, nor should we give foreign aid to a country that owns $2 trillion of our debt. That's right, we give China money to be our friend. (Not a lot, but it's symptomatic.)
We have no income problem; we have a spending addiction. We need an intervention now.
Congress will frighten you with failed Social Security and Medicare, but members won't cut their pork and perks. Have you ever seen a senator being driven around in a 5-year-old limousine?
Congress can't spell fiduciary, nor can they spell bipartisan agreement it seems.
Hilton Head Island