Spending Our Way To Prosperity

As the federal government rapidly approaches its debt limit, powerful lawmakers and bureaucrats are suggesting that we increase that ceiling as to allow the government to go further into the red.  Now, I’m sure that just about every American knows that the federal government doesn’t merely suffer from some minor credit problem.  After all, how many other industrialized nations have a debt clock to keep track of the gross irresponsibility of their leaders?  Why is it that we have allowed our elected representatives to go $14.29 trillion into debt?

Speaking of that matter, do you have $129,105 sitting around to give to Washington?  No?  Well, that is how much you owe.  Given this information, why are there not daily mass protests in the streets as our legislators spend, not only our future, but the future of our children and their children as well?

Consider your own personal finances for a moment if you will.  Imagine that your spending vastly outpaces your income.  Worse yet, all of your credit cards are maxed out and you only pay the interest on your debt, not the principle.  What is the solution?  Although a wise person might suggest that you seek a credit councilor and get your problem under control, D.C. takes a different approach.  They think that we simply need a higher credit limit or a new credit card.  Although we know such behavior leads to personal ruin, for some reason we have allowed our President and members of Congress to be completely negligent stewards of taxpayer money.  When the government spends our money on foolish and unconstitutional endeavors, we ought to be upset.  However, the time for being merely upset is over.  Given that the government spends money that they don’t even have to the tune of over $14 trillion, we have devolved into a state of crisis.

The solution to this problem is relatively easy, although admittedly not without pain and hardship.  Rather than raise the debt ceiling again and again, we must drastically slash spending, payoff our debts, and balance the budget once and for all.  Every department, agency, and program has to be cut, and many eliminated entirely.  Republicans and Democrats alike have been spending our money like drunken sailors.  Enough is enough.

In a speech back in 1996, President Bill Clinton famously stated, “the era of big government is over” while also calling for a balanced budget.  Back then the deficit was only about $6 trillion.  Unfortunately, Clinton was wrong.  No, boys and girls, big government is alive and well and growing larger by the day.

Maybe we too should take a page from Washington and personally borrow to finance all of our wildest hopes and dreams.  After all, according to their model, we must be able spend our way to prosperity.  Oh, don’t you worry.  We won’t have to pay for any of it.  Put that big-ticket item on my unborn child’s tab.

Although I’m aware that it is merely wishful thinking, I’d like every American to write this simple message to their Representatives and Senators:  you vote to increase the debt ceiling and we vote you out of office.

3 Replies to “Spending Our Way To Prosperity”

  1. While I agree that government debt is a huge problem facing this country, I think that the limit ceiling needs to be raised. However, we should write our representatives and tell them that if they raise the ceiling before reigning in spending, then we’ll vote them out.

    1. I suppose the big question here regarding your suggestion is, can we trust our legislators? If they give themselves more power by raising the debt limit, other than voting them out (which is difficult), how can we ensure that they will finally take spending limits seriously? Who is to say that they will not simply raise the debt limit again in the future?

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