By a solid majority the Republican House of Representatives voted to approve the latest debt ceiling increase, allowing the United States to borrow trillions more and go even deeper into debt than ever before in history. Fiscally responsible Democrats tried to defeat the bill but had no chance in the GOP-dominated House – and may have to pass the bill through the Senate even though they have a slim majority there, due to Republican threats of reprisals on future legislation.
So-called “Tea Party” Republicans were dancing in the streets around the country to celebrate their victory over liberals by passing legislation that may someday cut spending by some token amount while increasing debt almost infinitely, thus guaranteeing the advent of a fiscal apocalypse and bringing their ultra-rightist prophets predictions of economic doom to fulfillment.
Liberals all over the country were downcast as their attempts to inject some economic responsibility into government finances were swept away by the landslide GOP vote in the House. “It’s spend, spend, spend, baby!” House Speaker John Boehner announced as the final vote was tallied. “Cocaine and hookers for everyone!”