At the stroke of midnight, March 16, 2015, the debt ceiling was again breached. The Treasury Department has begun "extraordinary measures" to forestall the certain default. Jack Lew must rob Peter to pay Paul.
How much more pain and uncertainty do Americans have to endure before Congress decides that it should pay the bills it has racked up? Businesses and families must always pay their bills and so must Congress.
With the debt ceiling approaching and the possibility of a global financial collapse, I think it's time that we talk about the bright side of things. For instance, what will we gay folk do with our useless cash? There are endless possibilities.
The U.S. government has never defaulted on its legal obligations. We should make sure that this never happens. That means being careful about the national debt, but it also means not being stupid about a debt ceiling that can simply be raised or removed in order to avoid certain default.