The U.S. Congress is spending money at record rates, with deficits to match, as it borrows like crazy under the premise it will cut spending at a future time by an undetermined amount. It doesn't even need to raise taxes to pay for all these things. Anne and I love this approach and have decided to run our home the same way.
From now on we should start buying cars (perhaps matching Cadillac Escalades), antiques (note to me, send for a Sotheby's catalogue), a flat screen 3D television, furniture, appliances, new clothes, lavish vacations (we've never been to Switzerland or Tahiti) and go to the fanciest restaurants, the best Beverly Hills has to offer. And to protect ourselves from those of lesser means, we should hire private security and to be safe, send some of that private security over to poor areas of Los Angeles and attack and occupy their communities.
We're not concerned with how to pay for all this because we have credit cards and intend to get more credit cards so we can spend to our heart's content. Our only worry is what happens if the credit card companies suddenly cut us off and we can't pay our bills. But this credit system seems to work well for the U.S. Congress and if Congress is not worried, why should we be?
Dick
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