Sometimes I mistakenly assume that others are as cynical and as informed as myself. Speaker Boehner bases most of his argument on a business analogy, which is entirely incorrect. A sovereign country prints its own money: the money would not exist without the sovereign. By continuing the comparison to a small business Mr. Boehner sacrifices realism for folksiness; facts for fiction.
Perhaps Mr. Boehner does not grasp advanced monetary theory and babbles his words in true belief of their validity. But, on second thought, I begin to suspect that he knows that his little parables are nonsense. He is fairly busy dropping keywords, and accomplishing other feats, so I can appreciate that his act doesn't rely on realism to sell tickets.
But how can any reasonable person have a discussion with this man. Either he doesn't grasp the concepts involved, or he is being deceitful for political reasons. Either way, a rational discussion would be impossible.
Yes, I understand, "politics," and all that …
Nice link giving specifics on why the federal budget is not like a household budget:
http://www.newdeal20.org/2010/02/10/the-federal-budget-is-not-like-a-household-budget-heres-why-8230/
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