Saturday, July 16, 2011

Commonsense Politics

Common sense says that if you vote to spend money, then you either pay for it now or borrow and play later. If you choose to borrow and pay later, then you don't get to decide not to pay. For individuals, not paying would be fraud, i.e. a pretense to pay with no intention to pay. But this is the game that right wing politicians want to play.

Here is Jamie Galbraith giving his take on the debt ceiling debate in the US:

It is hysterically funny that the Republicans love to wave the flag and pound their chests as "patriots" but they are the ones who want to stiff those who lent money to the US government and turn the US into an international pariah and deadbeat. I guess if you are trailer park trash, then trashing your government strikes you are "patriotic" but for most normal people, this whole scenario is abhorrent. The Tea Party movement appears intent on destroying the US with the same logic used in Vietnam: "We had to destroy the village in order to save it."

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