The Daily Jot

Stupidocrisy: The debt dance and the fiddler

All the politicians are so worried about the debt ceiling. Really? Congress says it’s trying to do the right thing by cutting spending and reigning in the runaway Joe Biden socialist and tyrannical programs. Biden is digging in his heals saying that he will not negotiate that Congress must raise the debt ceiling otherwise it is in violation of the Constitution’s 14th Amendment, which he points toward language saying that Congress must stand behind the debts it creates. With the lack of border security also part of the mix, the Congress, the Democrats, and Biden are at a so-called Mexican stand-off. These debates over raising the debt ceiling are ongoing every time the government is spending far beyond its means.

Biden says that he doesn’t have to negotiate with Congress because the country’s budget should not be tied to the debt ceiling. From a layman’s perspective, how is spending more than you can afford, or having spent more than you can afford NOT tied your budget? It’s a matter of good stewardship. If a person is spending more than he is taking in, and it’s done long enough with great enough amounts of money, sooner or later it’s going to catch up to you. As my Dad used to say, “Dance all night, you have the pay the fiddler in the morning.” The United States has been dancing far too long on carrying dangerous levels of debt, so much so that none of us citizens could ever begin to cover our portion of the debt.

I remember in the 1980s, the news media was busting on the Reagan Administration for adding $1.86 trillion to the national debt, raising the defense budget by 35% which brought a huge peace dividend when the cold war ended. Hardly a word was reported with President Obama raising the debt by nearly $8.6 trillion. Then COVID and now Biden. Many of you may not be aware that the national debt is setting records by the second. In the time it takes to write this sentence, the national debt has risen some $310,000. It stands at a little over $31.7 trillion–$94,975 per citizen and $247,766 per taxpayer. Under Trump the National debt increase by $8.18 Trillion, $4.25 Trillion from March 2020 to January 2021 due to COVID. Already, the national debt has increased $3.9 Trillion, just two years into Biden’s presidency.

It is increasingly difficult to live by the Biblical standard found in Romans 13:7,8, “Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honor to whom honor. Owe no man any thing, but to love one another.” From debt to taxes to customs to tribute–who is going to pay? I’ve also been told, “Love don’t pay the bills.” Leadership matters. Accountability is key. We need to demand better. Congress has approved budgets. Biden and other presidents have spent more than they should. They are both totally responsible for this mess. For Congress to blame Biden, Biden to blame Congress, and you and I paying the fiddler for their dance is, say it with me…Stupidocrisy.

Have a Blessed and Powerful Day!
Bill Wilson

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