The country can afford to pay its debt; it can’t afford to waste money

If the 14th Amendment says the validity of the debt shall not be questioned, then I guess every newspaper is violating the 14th Amendment as it discusses what might happen “if” the government stops paying on its debts.  But the whole idea is foolish.
As with anybody responsible, you don’t just stop paying your creditors.  First you cut out the luxuries.  Then you start negotiating with your creditors while you work out how to cut back on the necessities too.  You keep paying your debts, if you ever want anyone to lend you money ever again.
I don’t think we need to spend a billion dollars this year on NIDA, which exists solely to “prove” that already-illegal drugs are bad for you.  I don’t think we need to spend a billion dollars on a subway that will only run 17 blocks under San Francisco to Chinatown.  I don’t think we need to spend billions and billions monthly on killing people in other countries that never did us any harm.  Federal employment is not a right, and a bunch of federal employees might need to find other jobs.  Subsidies for farmers, oil companies, tobacco growers, could all be cut tomorrow with few negative effects.  The federal government doesn’t have to pay top wages on every construction job as a handout to union labor, either.  We could even consider closing Guantanamo — legalized torture doesn’t come cheap either.  We can vastly reduce what we spend on such things before we will ever have a problem being able to pay the interest on the debt.  But up til now there was zero pressure to STOP spending money on all these “luxuries” (or “bad ideas” if you prefer).

I’m GLAD that the country is finally having a public debate over how to put our fiscal house in order.  Insane profligacy by Congress and the President spending “other peoples’ money” has gotten us here, and the only cure is to stop doing that.  It would’ve been smart to stop last year, or last decade, rather than trying to stop suddenly at the start of August, but that’s the idiocy of Washington for you.

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