Received via email: The National Debt Ceiling, by Jack Dawsey
The nation’s debt ceiling is hovering around $14.2 trillion. (That is not much money if you say it real fast).
Except for super computers, there is not a 10-key calculator on the commercial shelf that can calculate $14.2 trillion. Nonetheless, the debt ceiling needs to be raised, lest the US defaults on its obligations.
If you have been alive since 1981, you know that the nation’s debt was about $1 trillion. Obviously, it has grown exponentially. Who caused this enormous problem? Who has the biggest spending habits, republicans or democrats? Moreover, in political terms, who should be held responsible? But first a point of fact is necessary with respect to the United States Constitution.