So, the US government has a problem staying under its debt ceiling, and – according to Slate – is left with the following choices:
Eventually, though, the United States will need to do one of three things: default on its obligations, start making drastic cuts in federal spending, or raise the debt ceiling again.
Hmm. There seems to be an option missing from that list. What could it be?
“Everything should be on the table, except raising taxes,” House Speaker John Boehner (R-Ohio) said on CBS’s “Face the Nation.” “Because raising taxes will hurt our economy and hurt our ability to create jobs in our country.”
Oh, yes. Of course! The only thing off the table is the main thing that the rich don’t like. We can’t fund public services because there’s not enough money. Why’s there not enough money? Because we refuse to collect it. The only thing you can do with public services is cut them or borrow from overseas to fund them, which we’ll then whinge about. Don’t even think about taxing the rich on the huge amounts they inherit, or they pay themselves by exploiting the people who actually produce things. If you even try, they’ll just refuse to take that money – they’ll deliberately live in poverty, just to spite you – and you’ll get nothing.
No, you want to debate progressive taxation that could fund public services? Sorry, that’s not even on the table. We will not talk about it. Talking about it is SOCIALISM, which is the same as communism, which is the same as brutal authoritarian dictatorship. You say you want to provide dental care, but I know you really just want to put me in a gulag. Or my money, which is just as bad.
You’ve got to hand it to the right – that’s a very effective job they’ve done, defining out of debate anything that would actually threaten their interests. But don’t worry, I’m sure the other side will stand up to them in the interest of the rest of the country.
What else are they going to do? Completely cave like they did on the Bush tax cuts?