Friday, March 17, 2006

Musings 127--Hitting the Ceiling...

The Republican Party used to be the party of fiscal responsibility. I think "used to be" is the operative phrase.

Congress, now controlled by republicans, raised the ceiling on the national debt yesterday to $8.96 trillion. Why they just didn't go for $9 trillion, I guess, is a feeble public relations move. At least they can say it is under $9 trillion. These guys will spin that into good news, somehow.

When I was a wet-behind the ears republican in the seventies, folks like Barry Goldwater and Ronald Reagan used to make fun of the tax and spend democrats. Well, now the tax-cut for the rich and keep spending republicans are having their turn.

The republican controlled congress has raised the debt ceiling five times since 1997. These guys have done a hell of a job protecting our monies. In 1997 it was $5.95 trillion and there were predictions that since there was a surplus that the national debt might be paid off by 2008...and, pigs can fly.

We are now hitting our heads on the debt ceiling every year. It is estimated that next year it will have to be raised again. It kind of gives new meaning to saying "the skies the limit."

For the life of me, I cannot see why anyone would elect a republican for anything since they have lost the label of fiscal responsibility. The dems are now the ones saying that they can do better. Well, I'm not sure they could do much worse.

Have a Happy St. Patrick's Day...V for vendetta!!


Post a Comment

<< Home

Free Web Counters
Website Counters