POLITICS OR REAL NECESSITY
Since 1980 the federal debt ceiling has been increased from $706 billion to $13,529 trillion. These debt ceiling increases correspond with federal debt levels. Of that increase, 16 debt ceiling increases totaling $3,361 trillion occurred during democratic administrations; and, 34 increases totaling $9,462 trillion occurred during republican administrations. The increase during President Obama’s term thus far has been $1,653 trillion (Miami Herald, July 27, 2011). One wonders at the timing and necessity of this debt ceiling stalemate. Debt ceiling increases have been a routine congressional matter in the past. No one doubts the urgent need to address the budget deficit and federal debt but no one seems willing to approach the problem in a truly non-partisan debate and compromise session. Tax reform, therefore, an important part of the deficit discussion is relegated to the status of a poor relative as both parties arm wrestle for leverage in the next election. The real loser in this power- grab struggle is the American people left without a functioning government. Woe to us if the rest of the world loses faith in the stability of our political system.
The behavior of our esteemed representatives and senators lends itself to parody. Hence, I’ve changed the lyric to the famous Gershwin tune.
LET’S CALL THE WHOLE THING OFF
(To tune of “Let’s Call the Whole Thing Off” by George and Ira Gershwin)
Intro
Things have come to a great impasse / And the blame flies “tit for tat”
The Republicans want one thing / But the Democrats don’t want that
Oh I fear a sad end we’ll see / Will democracy fall flat?
This great nation born no longer one / Something must be done.
Verses
You’d cut spending with budget axes
I’d trim spending and edge up taxes
Spending, taxes, budget axes
Let’s call whole thing off
I say public and you say private
You’d kill health care and I’d revive it
Public, private, kill re-vive it
Let’s call the whole thing off
Bridge
But oh, if we call the whole thing off / Then we might start to think
And oh, given proper thought / We might do what we ought
Verse
Cut big spending and raise some taxes
Stop pretending to grind no axes
Feed-up, knowing, To hell the country’s going,
The people call the politics off
Let’s call the whole thing off
Copyright 2011 by Robert S. Steinberg