Congressmen Jim Moran, Hank Johnson, and Jerrold Nadler, the Curly, Larry, and Moe of House Democrats, have introduced legislation to eliminate the national debt ceiling.
“The debt ceiling does not prevent the United States from incurring new debts,” said Nadler. “That occurs when Congress decides to authorize more spending than revenues. The debt ceiling prevents the president from borrowing money to pay those debts when they come due.“
“Republicans in Congress have shown they are willing to hold the fate of our economy hostage by using the debt ceiling as a political weapon,” added Moran. “It’s a tactic that has far ranging effects, disrupting financial markets, damaging the peoples’ trust in government and delaying consideration of must-pass legislation to create jobs and get our economy back on track.”
“My fear is that the whole continent will become so overly populated that it will tip over and capsize,” worried Johnson, apparently confusing the U.S. with the territory of Guam, of which he once expressed similar fears.
Okay, Johnson didn’t really say that. Yet. Though what he did say was just as stupid: that mean-spirited Republicans just don’t want to give poor Barack Obama credit for hauling the country back from the “Bush-Cheney depression,” as if a 9.1% unemployment rate and a national debt that has increased by $4 trillion—caused almost entirely by a Congress and Executive controlled by Democrats—was reason for celebration anywhere except in the inept ranks of the Jackass Party. Apparently our current astronomical financial obligations are just not astronomical enough for these airheads, and they’d like nothing better than to completely remove the governor from the spending accelerator.
Meanwhile, the balky, big-spending Dems continue to get their electoral hats handed to them, losing a New York seat that they’d held for the better part of a century by more than 8 points, and by 10 the seat in Nevada that Politico called “crucial to Harry Reid’s 2010 reelection, to Barack Obama’s 2008 election and to the countless governors, senators and presidents who have competed in the Silver State before them.” This, after the loss of Chappaquiddick Ted Kennedy’s Senate seat and the debacle in the elections of 2010. It’s a lesson liberals never seem to learn: money can’t buy you love. Especially from the people from whom you’ve stolen it.