Sham panic

Moody's isn't buying the hype:

Moody’s dismisses default talk, says US will pay bills even if debt ceiling not lifted

But things definitely are not OK.

The current debt ceiling is $16.4 TRILLION. That's a literally unimaginable amount of money, a tsunami of debt rolling forward to crush younger generations.

But it's not enough for Obama, who wants to spend even more, and petulantly demands what will be another trillion-dollar increase in debt.  That seems to me either madness or malevolence, and it hardly matter which.

Instead of increasing the debt ceiling, here's an alternative idea:

STOP THE SPENDING!

Byron