Monday, January 30, 2023

Right and Left Media Platforms Play Up the Debt Ceiling as a Looming Armagedón

I can tell you what I don't do every morning while drinking my first cup of coffee and scanning newspaper headlines - I don't check on how big our national debt is.

My priority news list does not include reading articles on balancing the budget. I'm not a bean counter, nor will I ever be. The corrupt world of high finance is just not everyone's cup of tea.

You know what? I think there's millions of Americans who don't give a rat's ass about balancing the budget - unless of course the clowns in Congress blow it and stop all paychecks for millions of Americans.

Then there will be hell to pay.

My point is there's so many other concerns the average American has, like the rising prices of gas and food that balancing a national budget isn't the first thing they think of upon awakening.

Unless their watching the news lately which is literally saturating cable and the internet with doom and gloom scenarios designed to keep an audience in a captive thrall.

I blame all media platforms for this game of terrifying Americans when it's not necessary. For starters, there's months before a deal has to be struck before a default.

What are the odds of a default this time? I'd say scant based upon history. The last time the government shut down was Trump's fault for holding out to get money for his much bragged about wall. 

It happened in 2018.

The difficulties facing government employees forced to work without pay during that shutdown didn't go away when Trump reopened the government for three weeks on Friday January 28, 2019.

Despite the interruption of pay for all government employees they stayed on the job. It's notable that veterans and retirees pay have never been affected by a shut down. Services, yes. Not paychecks.

Historically there's been 10 shutdowns dating back to 1980. The longest - 35 days - was the one under Trump.

The current blanket media coverage on the possibility of a shutdown has been so played up that millions of Americans are needlessly worrying about a nationwide financial collapse.

The press in all of its many forms has been sensationalizing the oncoming debt deadline because fearmongering sells. 

I understand there's a slim GOP majority in the House who want to burn everything down. That is cause for concern but not worth losing sleep over.

Even the Republicans know it would be political suicide. All except the minority MAGA fringe element who are only there for performance art purposes.

As it stands, there's a lot more things to be more concerned about in our society than a squabble over money in congress.

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