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Monday, May 15, 2023

Bipartisan Default Warning! [how dare you]

 **This message was sent to my representatives in federal government and NC governor. Keep in mind there is a character or word limit. 


Dear Representative/senator/governor:

As a business person, economist, and Raleigh, NC voter I am quite peeved and dismayed about congress' and the president's performance on approving default relief. Default as an option is a financial and macroeconomic "nuclear bomb" and I am not pleased that the United States would consider such decision. A lifespan of a nation is far longer than any individual or family; therefore, collective (national) debts are not the same as individual, firm, or familial debts. You, as my representative in congress, might agree that default will not and should not happen; but recent events nationwide and continued threats of a national security nature only heighten the need to approve a higher debt ceiling.

No matter your position, compromise is the only option for both political parties as the national finances are of the nation and not the ego of either political party. You need to place the nation ABOVE your prejudicial and partisan bigotry (financial, not racial bigotry.) Such financial bigotry is the evidence of a war between political factions that aim to destroy, alter, and subjugate republic and/or democratic ideals. Furthermore, it is apparent that there is a plot (class warfare) to cause financial hardship to all who are not of a higher fidelity class and wellbeing. A default would cause multiple industries (including the military industrial complex and government contract creators (pentagon)) to become more fragile in a world with China, Russia, and other more narrowly defined nations to be laughing at us and use us as propaganda as an example of failure. A default would embarrass both major political parties and set the stage of a new major political party to take root and foothold in American politics that might have more foreign money involved that what the average voter (like myself) would not be able to stomach. Lastly it is believed by many that establishment politicians (being in Washington, DC for more than two term cycles are not for American values as per the aforementioned threat. The risk is not worth it.

Keep inflation low please AND keep America productive. [If needed, raise taxes to keep us out of default.]

I reside and vote in the 27616 zip code and copies of this letter were also given to NC Senators, President of the United States, and the Governor of NC.

 

Sincerely,

[tonyotag] 


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