Monday, May 15, 2023

US Debt ceiling - POTUS vs. The Republican House - Biden Era


Lets Get Real:

This is a game the political parties play in the US System, depending on who is in the White House, the Administration puts out scare stories and this is carried by the media, the liberal CNN carries scare stories of what will happen should the US Congress not pass what the Administration wants, a clean debt ceiling rise, the World will fall apart, the US will fall apart if it does not deal with having a 32-33 trillion debt.  All Empires end either because they can not afford to be the World's policeman, as was the case with the British Empire after WW2, or in the Roman case, the coinage was devalued and there was mass immigration in to the Roman Empire.  The Republicans should call the Biden bluff, it will happen sooner or later, as some point the Bank Manager will make the call that  the US has to cut is budget, that means welfare but not defence as the US needs to counter China in Asia and the Russians in the Ukraine.  The Democrats spend like US taxes is their money, the fat lady will sing one day and it will all fall. 

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