Oh, And Another Thing

The price tag for Teahadism on the debt (and John Boehner’s week of kabuki in the House)?

$1.7 billion in extra interest to be paid on this week’s auctioned T-bills, at rates inflated over the prior weeks due to the feral craziness of our friends on the right.

You can pick the program of choice, but to take an federal expenditure I particularly value, that sum would amount to a 25% increase in NSF funding over 2010 levels, now forever forgone.*

Thanks, clowns.

*and yes, I do understand the difference between interest over the life of a loan and a one-year appropriation; this comparison is for scale purposes only.

Image:  Francisco de Goya, The dream of reason produces monsters.  1799 (Per Becca’s suggestion here.)

Explore posts in the same categories: Decline and Fall, Republican follies, Republican knavery, Stupidity

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: