Burning a hole in our pockets

Joe Biden yesterday left the door open to a “second stimulus” that some economists think could be necessary, and a couple of polls today suggest why that would be such a heavy lift: Voters say they’re very concerned about the deficit and dislike the idea of more spending.

-From Ben Smith’s blog at Politico.com

Does it strike anyone else as odd that a populace who just spent the last two decades burying themselves in billions of dollars of unpayable, frivolous debt is so concerned about the fiscal wisdom of an uneven national balance sheet? I mean I’m fairly interested in politics and things like this but the national debt is still just some abstract gigantic number that gets tossed around without context. Is this really a dinner table issue around the country? The ramifications of our uneven spending on future generations? It seems hard to believe. But Republicans are seemingly able to whip up all this outrage and concern over more restrained fiscal spending without a problem. Maybe I’m at fault for even dignifying the Republican party circa 2009 with a momentary lapse of thinking that some aspect of them is remotely concerned with logic.

And besides, if the national debt is ever so bad that other places stop lending the United States money (thereby damaging their own economies that are based on our consumption), everything would be so fucked that it wouldn’t matter anyway.  Although it would be significant enough that maybe word of it would reach our utopian compound deep in the forest.


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July 2009
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