"I'll gladly pay you Tuesday for a hamburger today," was the approximate line by the character known as Wimpy in the cartoon strip Popeye. This is the essence of fiscal irresponsibility and a fair representation of politics today.
I have heard that years ago the federal government had to seek permission every time it sought to spend beyond its budget, which created a very difficult and inefficient process when trying to meet needs during war time, so, the debt limit was created to make this process less clumsy, essentially, giving them a credit card. It is unlikely it was intended to be a credit card for any and all types of spending that it has become.
Picture how ludicrous and foolish it is to get every credit card you can, max them all out and then just pay the minimum monthly payment. How much did your hamburger actually finally cost you at that rate? Our federal government has not run out of credit card companies yet but the hole is getting pretty deep already.
As I look at the kids around town, let alone in my own house, it concerns me greatly to imagine them getting stuck holding the bag on the past several years of moronic spending (revenues have been plenty high enough) our politicians have practiced.
What can we do? Call Minnesota's darling, Amy 202-224-3244 and comedian Al 202 224 5641 (they are our wonderful senators) and encourage them to work on something of importance; maybe they could vote on one of the budgets the house has sent over, or on one of the proposals to avoid the hamburger cliff. Oh, I know it's a new year and that whatever happened has happened on that issue, but I guarantee the problem has not gone away.