As The Debt Turns
For those of us that lean fiscally conservative the following headline was meant to give solace to the frighteningly steep rise in our nation’s debt;
House votes to deny Obama more borrowing authority
The borrowing refers to the need to yet again raise our debt ceiling and allow politicians the ability to spend more by borrowing more. I, unlike the article’s author, used the term “politicians” rather than just Obama when referring to the one(s) doing the borrowing. This story is should be primer on how the political class (both right and left and middle) play the game to ensure that they stay in power while seeming to play to their bases.