Thursday, November 18, 2004

Our National Debt? Priceless.

Conservatives-- err, excuse me--- Republicans just voted to increase our government's self-imposed borrowing limit from 7.4 trillion to 8.18 trillion. As many of you loyal Mookblog readers know, the National Debt will hit the 7.4 trillion dollar mark any minute now. Republicans couldn't figure out how Congress would avoid writing bad social security checks if they couldn't borrow a bit more cash from China. Hmmmmm . . . can anyone think of (eliminate) a way to increase revenue (tax cuts) when we can't meet our most (for) basic fiscal obligations (wealthy)?

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