Raising the Debt Ceiling

Tea partiers, What the fuck is wrong with you? You're about to cause the US treasury to default on its loans. Isn't that exactly the kind of shit a fiscal conservative would want to prevent?

>>83
Fact #1: Debt is never a good thing. It is a necessary evil, but not good for you. This is true at the personal, business and government level.

Fact #2: The more debt you have, the more interest you will have to pay each month. This payment on maintaining the interest of your debt saps resources that could have been used for better things.

Fact #3: If you can't afford to even maintain your interest payments, you fucked up. You didn't maintain a healthly budget. You didn't live within you means. You will go bankrupt. Your government will print more money and hyperinflation will fuck your nation hard.

Fact #4: There is no law or rule that says you can't have a balanced budget or a surplus. You may always owe money, but there is no rule that says you must let it accumulate for no fucking reason.

Truth: Live withing your means. Use an actual budget. There will be ups and downs, savings is a must. Invest wisely, without making huge risks. Deficit spending is for people planning on failing.