We have numbers.  We use them.  We count with them.  But why does the US government bother?

The current figure, $9.815 trillion, is simply just obscene.  That's our national credit limit.  It was just raised recently by the Senate Finance Committee because apparently our current federal debt of $8.923 trillion was getting pretty close to having the nation's credit card maxed out.  It's up $850 billion, which is the thrid largest increase in history.  Reuters caps off the article by reminding us that when the current adminstration took office the debt was $5.6 trillion, which of course is bad enough, for most of us anyway.

One can only imagine what these guys' checkbooks look like.  Wouldn't it be nice to be able to decide when you wanted a credit increase for cash you have no intention of repaying?

 

Share this:
Follow comments on this post with this RSS 2.0 feed.
Leave a comment, or trackback from your own site.

You must be logged in to post a comment.