”You can’t underestimate the power of fear.” Tricia Nixon. Scott Adams said, “You can never underestimate the stupidity of the general public.” Sarah Palin is betting on both. She is inspiring fear. She is doing all she can to take advantage of the lack of understanding of the general public about what the debt ceiling is. She is hoping that people will confuse raising the debt ceiling with raising the national debt. Is there any dispute that the United States should continue to be responsible to pay the debt the United States HAS ALREADY INCURRED?!
Sarah Palin is accusing President Obama of trying to “scare” the American people regarding the failure to raise the debt ceiling. Three days ago I highlighted the Twitter comment of Palin which was her attempt to create the impression that Republicans should refuse to compromise, even if it caused a default by the United States on payments of our existing debts. The American people should be scared of NOT raising the debt ceiling. Failure to raise the debt ceiling would ensure default. Nothing would guarantee economic failure faster than default on our existing debts. Palin’s comments are clearly designed to promote an economic disaster for the country. The current national debt is “unsustainable” . By saying that it is “unsustainable” it means that if we continue to go further and further in debt we will eventually be unable to pay our debts and the United States will default. Default on our existing debt by not raising the debt ceiling would simply result in financial disaster sooner than later for the United States. It’s as if Sarah Palin wants an economic disaster so she can blame Obama for the failure. She is not the Governor, a Senator, or a Representative in the House. She is not even the Mayor of Wasilla. She is not accountable for anything she says. While President Obama is doing everything in his power to avoid the disaster of not raising the debt ceiling, Sarah Palin is attempting to make that happen. If it should happen, and disaster in the economic state of the country should result, Palin would be the first to blame Obama. Regardless of your political philosophy or your attitudes regarding the economy, everyone, except Sarah Palin, agrees that defaulting on our debt which we already owe would throw the country into a crisis, the likes of which we have not seen in our lifetime. If it should happen, it is doubtful that we will live long enough to witness a complete recovery. Either Sarah Palin is ignorant and doesn’t understand the consequences of our failure to raise the debt ceiling, or she is so narcissistic that she is willing to do permanent harm to the entire country by doing what she perceives to be in her own self interest. Either way she is intolerable.