(stancrader.com) -- While watching John Jay and Carlos Beltran dropping routine fly balls last night the theme for today’s blog popped into the interstice between my ears. No, this isn’t a blog about baseball; it’s about distractions. “You think the crowd distracted them?” My wife asked after watching the first ball drop. “I can’t watch this anymore,” she said after the second fly ball hit the turf while two men, paid millions of dollars to catch a baseball, stood within arm’s length of each other and stared incredulously at their gloves.
Polls show that everyone realizes our government is spending too much and our national debt is too high. I say everyone because there’s always a few who are happy with anything. Over 10% of those polled are happy with Congress, the Senate, and the President. This tells me the survey has at least an error factor of 10%.
All of this talk about debt ceilings and default is a distraction. Failure to raise the debt ceiling will not cause the country to go into default. Failure to raise the debt ceiling simply means the government spending can’t exceed that which it takes in and the already approved debt limit. It’s too late to say the government must live within its means. We passed that line $16,000,000,000,000.00 ago. That’s $16 trillion, or over $52,000 per American, including those born today. Every time the debt ceiling is raised, the amount of money ‘you’ owe China goes up.
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