Monday, May 22, 2023

The Debt Ceiling: One Of America's Six Worst Traditions

 The debt ceiling plaguing Washington politics - and, potentially, poisoning the rest of us - is just one of at least six of these abominable ideas.

Believe it or not, the debt ceiling is an improvement on what the United States used to do.

A debt limit imbroglio would immediately cause the most pain to the financial and corporate interests traditionally represented by the Republican Party.

The U.S. right constantly proclaims that the Electoral College is a sign of the enduring wisdom of our founders, who created it to give smaller rural states a voice in the choice of the president.

Congress could admit all the new states and their 136 Democratic senators into the union - and then easily block any red states from trying something similar.

It's part of Florida thanks to ancient colonial struggles between the United Kingdom, Spain, and France - struggles that happened before there even was a United States.

We're currently experiencing this with the debt ceiling and may soon feel it to a far greater degree.

https://theintercept.com/2023/05/20/debt-ceiling-american-traditions/

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