The Fake Debt Crisis

So... It's been over a year. Clearly I'm not a very good blogger! No promises I'll get any better. Niki volunteered to moonlight from time to time when I'm MIA for too long. All this debt crisis has really pissed me off so I signed back in and decided to blog out my anger.

THIS DEBT "CRISIS" is a scare tactic. The only thing that is an actual CRISIS is that no one thinks $15 trillion in debt is a problem... And we NEED to RAISE it! Fu*k this country is headeed in the wrong direction with that mentality! So the real problem is that no one can agree on what the actual problem is; we spend so much we don't have enough MONEY NOT we don't have enough CREDIT!

Here are the basics:
The USA has maxxed out it's ridiculously high "credit card", has no plans to pay it back, and no one seems to find that a problem, let alone a good example for all Americans who are also upside down and over-leveraged! You see, unlike the the rest of Americans... For some reason the USA doesn't get "turned down" for more credit; no "we're sorry, your debt/income ratio is not favorable to extend you more credit... Please try again when you either make more money or have less debt"... And that's where democrats and republicans disagree, respectively. Now what's so wrong with BOTH?!?! We're talking about $15 trillion in debt, we need to make more money AND spend less!

Basic Accounting:
August revenues: $200 billion
August spending: $400 billion
That's the problem.

1) We will never default on our loans! Our interest is $40 Billion/month. That would be the first thing we pay to not default and fuc* the economy even worse.
2) We need a plan to pay off that $15 trillion, spending double what you make is not sustainable!
3) I don't want to raise fed income taxes, but some kind of tax increase would be good since we need to make more money. Maybe a 1% fed sales tax. We already pay 6% in FL would you really notice if it were 7%? This would mean that the 52% of the population who forgo paying any taxes would contribute to this country. God forbid we treat everyone equally. Eventually we'll over-tax the rich so much they'll be poor, and then we're really screwed.
4) We spend too much money... And there's no designer shoe closet to show for it. We have a giving problem, which has created an entitlement problem. Sure you don't need to save for retirement, social security will fund it! All your hospital bills, prescription drugs (though it keeps me employed), doctors bills, and nursing homes, it's covered! Yippee!

"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed to me.
I lift my lamp beside the golden door."

The statue of liberty didn't say we would pay for it all!

Maybe I'm moderate in this thinking but it just seems like simple accounting; make more money AND spend less to get out of debt! it wasn't a crisis that we hit a debt ceiling, the crisis is that we raised it instead of changing what got us to $15 trillion to begin with!