Ted Rall for January 23, 2023

Yep. “Full faith and credit” doesn’t include “credibility” does it. It’s been a problem since at LEAST Newt (Slimy) Gingrich… and it’s only worse now, when so many of the rabid right are willing to pull it all down just because.

Don’t worry they’ll just print more and more dollars, invest in a wheelbarrow to carry them.

Perverse Republicans want to hold the USA hostage before they destroy it.

Text should be bigger since republican are known scammers

All goverment’s debts all paid by 80% of the taxpayers.

As it is unconstitutional for the USA not to pay it’s debt, the debt ceiling nonsense is unconstitutional. Anyone that doesn’t vote to pay the USA’s bills is violating their oath to uphold the Constitution.

C’mon Ted! I thought you’d be in support of defaulting on the debt, resulting in the toppling of the US Dollar as the Global Reserve Currency & all the perks that it brings. Widespread economic catastrophes, resulting in massive civil unrest… is that not your jam any more?

*or when the size of the national debt destroys the credit worthiness of the US.

Instead of negotiating with terrorists, take away their power by minting trillion dollar coins.

All conservatives need is the full faith they have in their Republican Party’s power to evaporate their investments, health, and future.

And, yet, Ted cheers on bad faith Republican arguments that fuel the culture wars.

The U.S. needs more money to cover its debts (I can’t pay my bills). So it asks for permission to raise the debt ceiling (I call up my credit card and ask for a credit limit increase). This is done because of the whole full faith and so forth of the U.S. economy (I can totes make the minimum payments because I’m getting raises on a regular basis and productivity keeps increasing so “Brenda” okays the request). That’s all fine and dandy, until the plow hits the side of the house. At some point, productivity maxes out, my boss tells me it’s just not working out, etc., and the debt can’t be met (I miss a payment). Am I missing something? This all sounds like a massive Ponzi scheme.

REELLY O/T

Trump has been awarded an honorary 9th Dan belt in Taikwondo.

eeeUUUuuu.

Stupid is as stupid does. no matter which party.

The debt is a function of income in/expenses out. The last time the US had a surplus (more income in than expenses out) was in the second Clinton administration. The Bush 2 wars took care of that blip…

Yup. Nailed it.

The worst thing about the mainstream media’s reporting on the debt ceiling and the Republican’s insistence on requiring spending cuts in order to pass it is that everyone seems to agree that cutting spending is the only solution to the deficit and only argue about whether those should be dealt with now or when they try to pass a budget. Seldom do i see any reporting on the possibility or tax increases. Like windfall taxes on oil corporations or on billionaires for example.

“May not?” Make that “Probably not!”

Let’s cut. Cut the $900,000 each congressman gets to staff his office by 90%. Cut out their $250,000 travel budget completely. It’s small, but it’s a start.

Ted, your whole shtick is that there isn’t a dimes bit of difference between Republicans and Democrats so WTF is going on here?!

“May not be valid when the republicans control the house”…or the senate…or the white house.

Remember folks, the national debt is only important when the Dems are in charge. Then it’s the biggest threat to the country since fluoridated water. When the R’s have control it’s no big deal.