Rand Paul: I Can Be A Spoiled Child, Because Adults Will Stop Me
Apparently, Rand Paul thinks being a U.S. Senator means he gets to stomp his feet and throw a temper tantrum whenever he wants to “send a message.” And the reason it’s okay is because he’s assuming enough adults in Congress will be responsible enough not to give him what he wants.
Let’s be clear, we know why he’s throwing his mock temper tantrum. Congress periodically sets — and raises — the cumulative limit on how much debt the U.S. can hold. But since we’re in a period of unavoidable budget deficits — the near depression helped push it to $1.3 trillion this fiscal year and almost that much in President Bush’s last budget — and will be for many years to come, the cumulative debt is steadily increasing, even though the annual deficits will be declining. That’s not necessarily a problem in itself, but Very Serious Persons think it should be brought down over time.
If Congress doesn’t raise the cumulative debt ceiling, the U.S. cannot fund its budget beyond the still depressed levels of incoming revenues without shutting down and/or defaulting on its debt payments. A government shutdown or debt default would be catastrophic for government financing and public services.
Since there’s no plausible scenario in which a “balanced budget” can be accomplished in the foreseeable future — and no coherent economic theory that justifies doing so — the newly elected senator from the State of Kentucky is saying he’s willing to vote for a governmental collapse and destruction of its credit.
But it’s okay, the child-senator explains, because there aren’t enough other senators as idiotic as he is. So the country is safe and it’s okay for him to behave irresponsibly. Good luck, America: Rand Paul is coming to take back your government.