The Republic In Peril (version I)

This great and grand republic is now in peril as Abraham Lincoln so eloquently stated "a house divided against itself can not stand." Our government is now proving itself to be dysfunctional as neither political faction is listening to the other nor coming together to avert the coming peril of a deficit and debt crisis.

Neither side is willing to put aside its own partisan interests for the good of the nation. While some say that a default on the Debt Ceiling will bring economic ruin the other side states that that is untrue, that the essential bills will be paid out of incoming revenues. While it is true that the faction that is most adamant that the budget must be balanced and that we must live within our means represents a voice of sanity to the world of creditors. It is also true that both sides fail to realize that if the US should let the Debt Ceiling lapse the world will view the government of the United States as being dysfunctional and a loss of confidence in this government shall ensue. This will bring discredit on both political factions especially the one that is holding the position that is viewed as being the one of leadership. This perception shall not be repairable as a trust will have been broken. If reason and rationality should continue to defy the leadership of this great and grand republic and this state of affairs should continue this nation will cease to contribute to not only to its own good but to that of the world.