The debt deal solved no problems. It created bigger problems. The debt limit supposedly exists to remind those in government that unchecked debt is destructive. When anybody, even the government, continually has outflow that is greater than inflow, the reservoir will become dry.
When the government spends more than it collects, the interest on the created debt must be paid or those lending to the government will stop lending and the promises the government has made will not be met. This creates a crisis. A crisis is generally corrected with the adoption of irrational and hasty choices. It is the easiest time for any group who desires total control over the lives of the people to gain that control. Tyranny becomes reality.
Any nation at any point in time is either moving toward tyranny or moving toward freedom. The United States has been moving toward tyranny for over a century. A financial crisis would be a golden opportunity for the collectivists to take total control of your life and mine.
What McCarthy and Biden accomplished with their debt ceiling solution was to avoid making any decisions on correcting the movement toward the inevitable crisis. This is good for those siding with Biden. It is their goal to bring about that crisis so they can become the tyrants they desire to become. They want the total elimination of our freedoms. They are communists whose goal is to have a one class society which means a society that is totally conforming to the ideology of communism.
This is bad for those who oppose a classless, or totally conforming society. In order to move toward freedom and away from tyranny, those making decisions must make responsible decisions. This means to make decisions that start to reduce the debt and not add to it. What McCarthy’s bill, now law, did was to have a two-year time frame where there are no restraints on how much debt can be added. This is a sure way to add to the problem. The only people who support such an irresponsible act would be those who place their own wants and needs over those of the country, or those whose goal it is to bring about the crisis that will enable tyranny.
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