The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Monday, February 12, 2018

National Debt: Speeding Out of Control, No One at the Wheel | National Review

But one must wonder about some of the others. If politics is just a game, then it’s the most boring and pointless game ever there was. If it’s a career, it’s not that great of one: There are easier ways for a bunch of guys with law degrees and MBAs and great moral flexibility to earn $173,000 a year. There are high-school principals who make more than that. Having one’s ass kissed by Washington flunkies could not possibly be that pleasurable. Why do they do it? To fill the time? Why bother with going to Washington if not to try to do the needful things?

“The evil that men do lives after them; The good is oft interrèd with their bones.” So must it be with Mitch McConnell, Chuck Schumer, Paul Ryan, Nancy Pelosi, Donald Trump, Mike Pence, Steve Bannon, Sean Hannity, Rachel Maddow, and the lot of them, all the courtiers and jesters and sycophants. They will pass. But the debt is a memento without mori — it is immortal. Like so much else in Washington, it is speeding out of control with no working brakes and no one apparently at the wheel. As Herb Stein famously put it, “If something cannot go on forever, it will stop.”

The crash is coming.


Most of those whose names are mentioned above are already rich. Some people like power, and some people really like power. Others crave fame. Others aim to get rich from being powerful. I think of the names mentioned, only Paul Ryan is a decent chap. I don't know about Mike Pence.

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" But the debt ... is immortal": of course it won't be. The US has ratted on debt before and will do so again.

Posted by: dearieme | Feb 12, 2018 7:14:26 AM