The news cycle is still consumed about the debt ceiling. I don’t have much to add to this debate. If you’re educated about the current fiscal problems this whole charade is a joke. There are no real cuts being offered. The left is upset about miniscule reductions in the rate of growth. I don’t understand how anyone could think this is victory for the Tea Party. Ron Paul has an article that puts it all in perspective. I’m done with this issue.
No plan under serious consideration cuts spending in the way you and I think about it. Instead, the “cuts” being discussed are illusory, and are not cuts from current amounts being spent, but cuts in projected spending increases. This is akin to a family “saving” $100,000 in expenses by deciding not to buy a Lamborghini, and instead getting a fully loaded Mercedes, when really their budget dictates that they need to stick with their perfectly serviceable Honda. But this is the type of math Washington uses to mask the incriminating truth about their unrepentant plundering of the American people.
We can certainly raise taxes and reduce defense spending. That will eventually happen; however, that’s not even close to being enough to solve our fiscal issues. The sheer amount of debt is almost unfathomable. Apparently, the average American is too distracted to pay attention.
Ben Franklin would be labeled a right-wing extremist if he was alive today.
I hardly have the energy to write about the ongoing debt ceiling debate that has been going on for months. What is there that I can add? Democrats want to raise taxes and not cut a single dime of non-defense spending. It’s amazing how invested the Democratic party is in the status quo. They will fight to the death to defend entitlements as they are, not matter how outdated and not relevant to 21st Century America they are. What happened to Hope and Change? Can I at least get Change?
Raising taxes of any kind during a recession is ridiculous. It’s just bad economics. Over the last three years almost every part of the United States has cut back, except the federal government. Businesses have reduced payrolls. City and State governments had to make cuts. Yet, liberals believe the the federal government is immune to cuts. Once a government job is created it’s eternal.
The nation’s debt problem is too big for taxes; however, the American liberal fails to see the problem. They would rather punt it down the road another decade. Happy days are here again! How can a problem as dire as this be solved when so much of population is detached from reality? The War on Poverty has bankrupted the United States.
I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. In my youth I travelled much, and I observed in different countries, that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.
Ben Franklin wrote that 245 years ago and he is right. Over the last 70 years the left has incrementally passed well-intentioned legislation to help the poor. Poverty hasn’t been eliminated. In fact, the poverty rate was decreasing until the War on Poverty was enacted. For 4o years the poverty rate has remained unchanged. The cost of this grand experiment has pushed our great nation to the brink of financial ruin.
Entitlements haven’t lifted people out of poverty, but have made the poor, students, and the elderly dependent on government services. Now we all face economic uncertainty.
Unemployment is at the highest level since 1983. The stimulus bill was a failure. The economic outlook is dismal. Our generals have been waiting weeks for the President to make a decision about Afghanistan. So what are House Democrats working on Saturday to accomplish? A massive health care take over that will in no way help the economy. The massive entitlement will burden the nation with trillions of more dollars in debt. For those scoring at home the United States national debt is nearly $12 trillion. That’s only $128,105 per American taxpayer. Or in my case my income for the next three years. This is what happens when ideology overcomes common sense.
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