Thread: National Debt
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Old 07-29-2011, 05:17 PM   #5
detbuch
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Join Date: Feb 2009
Posts: 7,688
Quote:
Originally Posted by spence View Post
I think the structure of this has been a long term erection

Viagra in the form of higher taxes and higher debt ceilings does artificially keep it up.

All well and good but you can't take a mulligan for the past century, these problems are here for the foreseeable future and need to be addressed in the current context.

-spence
So why defend the 78 mulligans we've taken in the form of tampering with debt ceilings by doing it again. How about playing the game straight--don't spend what you don't have. Don't keep giving yourself another swing when the first swing was bad. Improve your performance. You don't get better by cheating, you just get more dependant on mulligans. If you don't play the game correctly, the foreseeable future is a hoodwink.
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