The Senate is about to raise the debt ceiling above 12.1 trillion dollars ($12,100,000,000,000.00) in order to avoid defaulting on the country’s obligations by mid-October. The ceiling has already been hiked three times in the past two years, with no end in sight, thanks to the Obama administration’s profligate spending policies that have resulted in massive deficits far exceeding the profligate spending of previous administrations. Where will it end? Is there a poorhouse somewhere big enough for 300 million people? Yes there is. It is called the United States.
Can anyone recall the day
When debt was fairly low
When a hundred billion was the limit for
All that they would have to pay
To run the whole damn show
Not excluding the expensive bill for war
And now we’re up to thirteen trill
And counting more to come
So why not write a check and leave it blank
Amount be left for pols to fill
Why not, they think we’re dumb
To keep on filling up their piggy bank
You wonder why this country has
A debt ceiling at all
No one has ever paid for their misdeeds
They chuckle in the corner as
The tax man comes to call
They treat the money like so many beads
I say we take the ceiling down
Be open to the sky
Just let the money flow into their hands
We follow every tootlin’ clown
Who pied’s the piper by
And march on down the street behind their bands