What is a Debt Ceiling?

27 07 2011

Very Complex Debt Ceiling Graph

With all the talk about America and its financial woes, we here at stupid answers found it pertinant to define what it is the media is talking about. Personally, it is probably some crap that doesn’t change anything and never mattered in the first place. However, ‘terror’ is the media’s new scheme to keep viewers tuned in, which helps with ratings. So, America’s financial woes may actually be paying off for someone— the media. Dang, this sound like Rupert Murdock owns our media empires.

We are getting off track. Let’s first look at the root of each word in ‘Debt Ceiling.” American heritage Dictionary defines the word debt as something owed, such as money, goods, or services.

An obligation or liability to pay or render something to someone else.
The condition of owing: a young family always in debt.

An offense requiring forgiveness or reparation; a trespass.

I think we can all agree the term ‘debt’ would be a negative or a downward trend. In our banking programs it would have a minus symbol and be fiery red, designating a loss or a number less than zero.

Secondly, lets define the word ‘ceiling.’ Ceilings are the overhead, interior surface of a structure. Again, we can all agree a ceiling is up, it is the top of a room, it is the highest point of a given place. Moving back to financial comparisons, your ceiling would be in the black, it would be profit.

So, to give you an answer that is not quite so stupid. The debt ceiling is ZERO. Aaaannnnddd, the term ‘Debt Ceiling’ is more stupid than this answer. The phrase should be debt floor, or debt foundation or debt fill dirt–something that indicates it is at the top of a negative, not the top of top something.

The only people that should be able to use the term ‘debt ceiling,’ are people who live in some parallel universe in the reflection of a lake.

(For you really stupid people, that would mean the reflection would be upside down, hence, the ceiling would be on the bottom.)

I know this makes no sense, but I don’t care.  After all, you’re the idiot who read this whole blog entry!