Archive for the ‘Debt Limit’

Message to Kevin McCarthy: Stop Bullshitting about Spending

February 04, 2023 By: El Jefe Category: Debt Limit

McCarthy and the TFG Wing of the GOP are suddenly clutching their pearls and swooning over federal spending and budget deficits under the Biden administration.  And during such pearl clutching, they keep citing “$31 trillion in debt,” and that “we need to get spending under control.”  At the same time as he’s introducing turmoil into every American’s life by threatening the global economy, he’s decrying causing turmoil.  Saying he wants “government to work,” he’s guaranteeing on several fronts that it doesn’t.

The debt is currently about $31 trillion dollars, which sound like a huge number, right?  It is, but let’s look at it in perspective.  US debt was at $20 trillion when TFG took office.  When he left office, it was $28 trillion, caused by a gigantic tax cut to billionaires, a huge spending spree on his wall, defense spending, and bungling of the pandemic response which caused the highest unemployment rate in history as well as collapsing the economy.  In fact, that $8 trillion increase represents 25% of all US debt today.  And it goes without saying that McCarthy and his Trumpist friends increased the debt limit THREE TIMES without conditions during that same period of time to fund the TFG spending spree.

So Kevin, let’s stop bullshitting ourselves about spending and the debt.  The facts are that when there is a GOP president in office, spending and deficits don’t matter.  When a Dem is in office there’s nothing more critical than spending and deficits with a 24/7 hysteria over spending.  This is blatant mob style hostage taking to keep their base whipped up going into 2024.  Like 2011, Republicans are once again threatening the GLOBAL economy to extract unspecified spending cuts (except for threatening seniors with cuts to social security and medicare, AGAIN).  Obama learned the hard way not to negotiate with hostage takers.  Thankfully, Biden was there and learned that same lesson.  All McCarthy deserves from him is the middle finger.

I’m personally sick to death of McCarthy’s bullshit.  I know it won’t change anything, but I feel better at least telling him so.