With all the politics going on about the necessity of raising our debt ceiling in the United States, we need to have an understanding of just what it means. Therefore, I would like to put the debt ceiling in understandable terms for all the citizens.
For example, if you have a credit card with a ceiling of $15,000, you have that much money available to you for purchases. So, if you reach that level, all you have to do is contact the credit card holder and have that ceiling raised to $20,000 and now you can spend another $5,000 without worrying about paying off the balance. Then, when you reach the $20,000 level, contact the credit card holder and have it raised again.
That is exactly what is going on in Washington in the negotiations to raise the U.S. debt ceiling. What is so hard about figuring this out? We just keep going in debt deeper and deeper.
What needs to be done is to stop spending. There are necessities that have to be bought in order to survive. Put this on a "family" level. We need food, medical treatment, a place to live. But is it a necessity to donate to all the agencies that constantly are sending us requests? No. Our family needs to come first, and most definitely, if you can afford the donations, it is very nice. But if you do not have available cash, do you call your credit card company and ask to have your credit limit raised so you can make these donations?
It is very commendable for the United States to give aid to needy countries in crisis. But it should be only to the level of being able to afford it. The United States should come first and then, if available, we can help out the other countries in the world.