While there have been lots of fretting and gloom and doom about piling onto our existing $37 trillion dollars of debt and what that portends for the future, I am unconcerned as we have trustworthy and serious statesmen on the case who tell me not to trust the projections. And, after all, if there were serious concerns about increasing deficits stemming the bill wouldn’t there need to be a huge raising of the debt ceiling, a step “deficit hawk” conservatives just won’t abide? I mean if you included a $5 trillion dollar debt ceiling increase in the bill then that would be a dead giveaway wouldn’t it?
Discuss.