BBC did an article trying to explain the US debt ceiling to their audience. Obviously, there are people around the world who don't really get the US
predicament right now, and many in their own country are not exactly sure who is behind the crisis.
Democrats and Republicans are all trying to pass the blame on each other. Threads are popping up condemning Obama, but if you truly believe that, you
are better to pass blame onto Reagan, who had the National debt quadruple from 1 Trillion to about 4 Trillion. Bush surprisingly had a minor debt
increase. Obama, has seen it double.
Of course, you can just as easily reverse the blame to the Senate and the House, who have to approve the rise in debt ceiling each time it happens.
Again, this only works if the aim is to play the blame game, and not look at the overall problem.
There are many factors that play into why the US is in so much debt. Like bills signed through in both controlling periods
of both parties.
The two party system is one of the biggest problems. And the US is not the only country.
We see it in many countries, as soon as the left or right is voted into office, suddenly rules and regulations pass which shift power to private
industry that is betting on either side. Both sides claim corruption, but it is merely a switch of hands when the power shift happens.
If left-sided corporations were raking in money from government programs and subsidies, when the right take over, they shift that money towards their
own corporations that do the same thing.
It is the same story over and over, and it keeps replaying itself on either side. The "platforms" of both groups, are nothing but superficial BS,
aimed at distracting the public. Healthcare, religion, policing, schooling, all these things, neither party cares inherently about them. Only that
their own corporate string pullers are getting their fair share of the cut when they get into power.
The difference between a republican and a democrat is simply what after school program they decided to join in university. Which reading club they
signed up to after chasing some hot girl they caught glimpse of on their first day. The region they were born into. The rhetoric they heard their
parents speak. The church they attended.
It's all the other side of the same coin.
If you think any of them are different than the other, you are just playing into the corrupt system.
See you when your debt hits 100 trillion.