Put the limit in perspective

  • Follow Letters

This is about the angry and continuing battle over the public debt limit. The only mention of the public debt in the Constitution is in the 14th Amendment, where, removing only the references to the Civil War, it reads “The validity of the public debt of the United States, authorized by law ... shall not be questioned.” The word “shall” has perhaps even a greater force of law than the word “must.”

A law was passed in 1917 that for the first time set a limit on the public debt. It caps the debt at an amount reset each time the debt limit has been reached. Any cap clearly conflicts with the words “shall not be questioned.” I find, then, the 1917 law to be clearly unconstitutional. Without that law, there is no cap, and we then resort to dealing with expanding the debt by routine acts of Congress and the president. Instead of setting a new limit, there is no limit and nothing need be done, thus removing it as a means to extract extreme demands for cutting spending, a particularly nasty recent practice, but one we can expect to be used regularly in the future.

It is worthwhile to recall how our debt got so high. In the 1980s, the Republican Party secretly adopted “starve the beast,” a ploy to deliberately increase the deficits. President George W. Bush continued on this plan, as he never gave any thought to pay for his trillion-dollar wars with increases in taxes. The idea eventually was to get the debt so high that the Democrats would be unable to institute any new major programs.

President Obama came along and managed, even with the big deficits, to get a start on universal health care, which is why the GOP has been so wild to see it doesn’t survive.

Victor Reilly

Aiken, S.C.

Comments (50) Add comment
ADVISORY: Users are solely responsible for opinions they post here and for following agreed-upon rules of civility. Posts and comments do not reflect the views of this site. Posts and comments are automatically checked for inappropriate language, but readers might find some comments offensive or inaccurate. If you believe a comment violates our rules, click the "Flag as offensive" link below the comment.
chascushman
6653
Points
chascushman 10/17/13 - 06:08 pm
1
0
"But the Pelosi's, Reid's and
Unpublished

"But the Pelosi's, Reid's and Obama's; I truly believe they are intentionally destroying this Country!! Yes, I DO believe this with all my heart!! They want to bankrupt this Country, by continuing to spend, spend, spend; all under the disguise of "Helping"."
myfather, I disagree. Pelosi and Reed are just dumb. They believe in socialism/Marxism but they don't want to destroy this country. Obama hates everything this country was founded on. His mentor Franklin Marshall Davis poisoned Obama's mind when he was teenager.

Darby
29611
Points
Darby 10/17/13 - 10:32 pm
2
0
"Let's be real about these 3 wars. Bush started 2 of them,

BUT I do agree that Obama should have gotten the troops out a long time ago."

.
So, bledsoe, you agree that after 5 years those wars are totally owned by OzBama. They are his and his alone.

Back to Top
loading...
Top headlines

December pet adoptions fall at Augusta shelter

After peaking at 120 adoptions in 2011, December has fallen from its spot as the most popular pet adoption month at Augusta Animal Services.
Search Augusta jobs