Jeff’s Take #4 – DC “Debt Limit” Logic « WA4ZKO on Ham Radio, IT, and Politics

Jeff’s Take #4 – DC “Debt Limit” Logic

Let me make this real simple ;-)

Washington DC “Debt Limit” logic:

1. Max ALL your credit cards out.

2. Keep them ALL maxed out month after month, year after year.

3. Rather than cut spending while paying your essential bills, go buy even more non-essentials.

4. Demand the bank REPEATEDLY give you credit line increases.

5. Scream crisis and “disastrous consequences” if they don’t give you the credit line increase.

Ever notice how when this “crew” in DC wants to spend more money, it’s always a crisis? Just like TARP….how much of that money remains unspent? Money they just had to have and had to have immediately or the world would end.

Do I need to say more? I didn’t think so.

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This entry was posted on April 20, 2011 at 18:08 and is filed under Economy, Finances, Government Waste, Jeff's Take, Politics with tags U.S. Debt Limit. You can follow any responses to this entry through the RSS 2.0 feed Responses are currently closed, but you can trackback from your own site.

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WA4ZKO on Ham Radio, IT, and Politics

Jeff’s Take #4 – DC “Debt Limit” Logic

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