Fixing One Artificial Crisis by Creating Another
One of the many absurd aspects about this whole debt ceiling deal is that part of the solution to this artificial crisis is to create another artificial crisis in the near future.
The debt ceiling itself is a creation of Congress. There is no need to have periodic debt ceiling limit votes that create dangerous uncertainty. Congress could easily eliminate the debt ceiling all together, removing any potential for problems in the future.
Yet in exchange for temporarily taking care of this one synthetic crisis, Congress is creating another possible crisis through the spending cut “triggers” in this deal. These triggers would automatically put in bad cuts unless the Super Congress package is approved. The triggered cuts are not well thought out. In fact they are purposely designed to be really bad and horribly structured. The intent is to make them so stupid that everyone in Congress wants to avoid pulling them.
This is truly madness. It is a sign of a constitutional system beyond broken, that Congress thinks the only way to do anything is creating more problems to force resolutions. It would be an idiotic way to run a little league and is frighteningly dangerous way to run the largest military power on earth.
I hope everyone who has been watching this ridiculous debt ceiling debate would realize how stupid it is for government to create an artificial problem and make our elected officials want to reform some of the silly aspects of our system.