Herself of Maenianum Secundum categorizes her response to President Obama’s recent comments about our ‘unsustainable‘ debt load as ‘Captain Obvious‘:
Solution: Stop spending and then we won’t need to borrow any more money.
You’d think that it would be a Captain Obvious moment, wouldn’t you? Alas, my own (depressing) experience has shown me that there’s a whole list of things that people should know, but don’t know, because everybody who could have told them had assumed that it was already common knowledge. So, here goes:
Spending more money than you have is a bad idea. You will eventually need to find a way to pay it all off, and all of the ways of doing so are deliberately designed to be not fun.
So, don’t do that.
As I said: depressing that this is necessary.
Moe Lane
PS: Honestly, if I had the money I’d send a copy of How Much Is a Million?
Crossposted to RedState.