Jesus Christ, not the goddam debt ceiling again! I can’t stand it. I cannot. Of all the structural stupidities of the American system of government, and folks, the American system of government is composed of nothing but structural stupidities (it’s all, every bit of it, unbearably stupid), there’s nothing quite so offensively moronic, and potentially catastrophic, as the dance that goes on around borrowing the money that the Federal Government has already decided to spend. Here’s how it works in a sensible democracy, like, say, Canada. The governing party proposes a budget, which includes both spending and taxes. Routinely, the … Continue reading History’s Most Boring Catastrophe (Until It Happens)