The Debt Ceiling is More Like a Sun Roof

March 13, 2012 4 comments

It’s election year and that means lots of debating about hot topics. The biggest single topic this year is the economy. The American’s Elect website shows more questions about the economy than the other 3 high-priority topics combined. If you listen to the talking heads on TV, you might have heard that the US is over $15 trillion is debt, official unemployment is just under 10% and if you include people who are employed, but not at the level that they really want to be, the number grows to 16.7%. That’s almost 1 in 6 people who either can’t find a job or have settled for part-time work because they can’t find full-time. (link)

To listen to Republicans or Democrats talk about the economy, you get a sense that the answer is only just right there, if only the other side would stop being idiots. The Republicans would have you believe that if you just cut taxes some more and stopped paying those lazy welfare recipients and old people, we could turn this country around. The Democrats would like you to believe that if we raised taxes on the 1% we could afford to help the unemployed and old people. This post is (hopefully) going to show you why they are both wrong.

Read more…