Come for the Politics, Stay for the Pathologies



Monday, May 16, 2011

Monday, May 16: we just blew through the debt ceiling. WTF now, Barry.

From today’s email (H/T Lee A). I call it “Bureaucracy 101” and it certainly applies to the private sector as well as the public sector. The difference being in the private sector when the SHTF, grownups step in to clean up and/or close up. That never happens in government at any level, where all accounts remain unaccountable. Which is why we just blew through the debt ceiling.

This power point was set to music by the Menlo Park Firefighters, and since it’s been around awhile, no one seems to know its origin. I promise you will relate on some level:

 

And this, my fellow citizens, explains why we have added over 200,000 new federal employees in the past two years, we have no coherent energy policy, foreign policy or fiscal policy and we’ve blown through the $14.3 trillion debt ceiling as of today.

The Democrats want to address the issue by raising both the debt ceiling and taxes. Which I suppose will allow us to hire more cockroaches, spiders, flies, cicadas and owls while getting rid of the pesky ants.  Seems like a sound plan to end the recession. Because every moron (I’m talking about you, Paul Krugman) knows that businesses should cut back during recessions, but governments should expand.

Yes, there are more demands for government services in certain areas during a recession. But a trillion dollar shovel ready BS stimulus plan was 100% discretionary, 100% ineffective and 100% dumb. Otherwise, the recession would be over by now, the debt ceiling would be in tact and ants everywhere would once again be productive.

And now you know why they aren’t.