Spending addicts

I am now convinced that the whole of Congress needs to be admitted to a rehabilitation program for spending addicts. They have just agreed to raise the debt limit for the government by another $800 billion, making the total allowable debt a whopping $8.18 trillion. Meanwhile, Mr. Greenspan is warning that the continuing trade deficit is likely to have dire consequences for the US economy and recommends reducing the federal budget deficit as a key component in stabilizing the economy. Not that his opinion matters; he is only the chairman of the Federal Reserve Board. Interestingly, the Democrats now appear to be taking up the cause of fiscal responsibility in asking for pay-go rules.
Apparently all of this extra spending is necessary to secure the American people in the war against terrorism. It looks like economic security has been left out of the equation.