Hold on to your hats, folks. We are 36 hours away from automatic spending cuts known as the sequester.
And we all have Senators Mitch McConnell (R-Ky.) and Eric Cantor (R-Va.), and Minority Leader John Boehner (R-Ohio) to thank. How did we come to this in the first place? To understand where we are in terms of our ever growing $16 trillion debt, you need to go back to August 2011 when we raised the debt ceiling by $2.1 trillion despite losing our triple-A credit rating.
Like when your credit is low, you have to pay more to borrow money, and more often than not, you’ll be taxed. It’s the same with our credit rating. What we do not realize is Standard & Poors (the guys that took away our triple-A credit rating) can lower our double-A rating as well. This puts not only our jobs, but the jobs at the Pentagon, military bases, and border patrols at stake. It’s basically a lose-lose either way you slice it.
The sad part is the Democrats and the Republicans cannot come to an agreement. I mean, we can put a man on the moon, but we can’t find a way to get out clusterfuck of our national debt under control. Not only can we put a man on the moon, we actually did — in 1969. Now all the Democrats and Republicans do in Congress is complain. Failing to do anything to avert the sequester affecting millions of Americans while the über-rich get off scot free, and sadly, at the expense of you and me. To all the Democrats and Republicans in Congress: stop complaining. Think of a balanced way to solve our budget problems before it turns into a sequester and let’s freaking agree on it. Our country cannot afford another layoff at the hands of the national debt.
Somewhere, Joe McCarthy is rolling over in his grave just listening to those two parties fight. And now I’m off my soap box.