Deficit Spending

By Lee Vander Boegh -

Short on cash? Here’s a quick solution: loan money to yourself. That’s what Hillary Clinton is doing according to CNN this morning. Apparently her campaign is running a little dry so she has tossed in $6.4 million throughout the past month. But that’s only half the story, because CNN goes on to tally Clinton’s total contribution to $11.4 million.

So let me get this straight. She’s running low on fundage, so she borrows from herself? Can you do that? I’m well aware of deficit spending, but I thought it was government-specific.

For the uninitiated, here’s how deficit spending works: 1) Your local trash collection agency incurs an expense that exceeds its coffers, 2) faced with the option of either borrowing money from the bank or writing an insufficient check, it chooses the latter, 3) it justifies the process by saying “Nah nah nah!” and then spilling your neighbor’s garbage all over your front yard.

Personally, I’m glad deficit spending has funneled its way down to the individual level, because that means you and I can take advantage of it. Sorry Les Bois Federal Credit Union, but my next car payment will say “Pay to the order of: Nah nah nah! And zero cents.”