Hollywood’s left-wingers and their countless opinions on issues they have no knowledge of are one of my favorite topics to cover. Today, we ask Valerie Bertinelli, a noted federal spending expert and actress, to explain the debt ceiling debate in a “super simple” way.
If I was a snobby writer — ahem, I would refer to Ms. Bertinelli as an ultracrepidarian. But then you would have to search for the term and I wouldn’t want to waste time on such a trivial thing. OK, fine. Let’s not get stuck on that. [winking emoji]
As Joe Biden, Speaker Kevin McCarthy, and House Republicans continue their battle to raise the debt ceiling, Bertinelli, who became famous for her role as “One Day at a Time,” a CBS sitcom that first aired on CBS in 1975, apparently feels it is her duty to explain the complex issue of the debt ceiling in “super simple terms.”
The debt ceiling can be compared to your monthly credit card bill. Republicans are the ones who have helped to run up this bill, which is tax breaks for billionaires. No revenue. Now they want to not pay the nation’s debt and blame Democrats.
Oh, my. Where do you begin?
In super simplistic terms, the debt ceiling is like your credit card bill coming at the end of the month. And the Republicans, who helped run up that bill (tax breaks for billionaires i.e. no revenue) now want to NOT pay the nations credit card bill AND blame Democrats for it.
— valerie bertinelli (@Wolfiesmom) May 26, 2023
Bertinelli’s skis are clearly way over her head. Let’s take a step back, at the risk of going too far away from Valerie’s “super simple” explanation.
Interest payments are not the highest expense for a hardworking American who has credit card debt. Interest payments for the national debt service amounted roughly to $475 billion during fiscal 2022. The “credit card balance” was just below $32 trillion.
The hardworking American borrower’s credit company does not raise the spending limit of the card, and the lender struggles to pay only the interest. Add in Joe Biden, and Democrats who spend your money like drunken sailors, and do their damnedest not to increase the debt once they think they have you tapped out.
Second, Bertinelli’s selective outrage pointing at Republicans and repeating the tired canard of “tax breaks for millionaires”, while ignoring Democrat blunders like Biden’s ill-fated “forgiveness” (transferring to people who did not contractually agree to pay back) student loan debt or spending $350 millions to house, feed and transport illegal immigrants, or shipping over $75 billion in aid to Ukraine (and counting) to fund its endless war against Russian dictator Vladimir Putin’s forces.
Lists of demands by Democrats for ever-increasing amounts of taxpayers’ money and an ever-increasing national debt ceiling are endless.
I’m not sure about you, but I think Biden and McCarthy ought to just hand the whole thing over to Valerie Bertinelli, and let her sort it out — in simple terms, of course.
Maybe Kamala Harris is Biden’s border czar. Oh, but wait! Kamala is now leading Biden’s Artificial Intelligence Team.
The jokes keep coming, don’t you think? I’m out.