Raise the debt ceiling? No. We should lower the debt ceiling and pay back the debt that we owe. The United States will no longer be able to maintain its preeminence in the world if this is not rectified soon.
Longing for the Fiscally Conservative Days of "Tax and Spend"
It is a wacky world when the "tax and spend" days were actually more fiscally sound than these "borrow and spend" days. At least when you tax you actually have the money. Building up more and more debt, principally owed to foreign governments who hate us, only enslaves us currently and ruins the future of those that come after us. This is not debt that our children will pay. No future generation will have the fortitude to spend less than they make to pay back the enormous bills we are incurring. What will happen is the economy will collapse and there will be massive defaults. If only we had leaders that would lead.
