Because that worked so well. Who needs a balance of powers anyway? Checks and balances? Bleh. We have a US Senator is ‘whipping’ votes in the House of Representatives. A significant cohort of the Congress is ideologically committed to the destruction of a strong Federal government. The House Speakership – designed to wield enormous power – now powerless. Who really needs him any more? Put the world economy at risk during a fragile recovery? So what if that usually leads to World Wars. That’s the world’s problem. – and damn Europeans and Mooslims.
Shut it down. Take it down! USA! USA! USA!
I asked my old friend Wikipedia for a few random factoids about the debt and that debt ceiling thingee:
- US government indebtedness has been the norm in the financial history of the nation. The carriage of debt in Western Europe and North America by governments has been normal for the past 200 years, so the US situation is not unique.
- The US has been in debt every year except for 1835.
- Debts incurred during the American Revolutionary War and under the Articles of Confederation led to the first yearly report on the amount of the debt ($75,463,476.52 on January 1, 1791).
- Every President since Herbert Hoover has added to the national debt expressed in absolute dollars. The debt ceiling has been raised 74 times since March 1962, including 18 times under Ronald Reagan, eight times under Bill Clinton, seven times under George W. Bush, and three times under Barack Obama.