Tuesday, August 9, 2011

Government gone wild: The national debt




Why in the world are the Left (including the mainstream news media) and most in the Middle (self-proclaimed moderates who can't make up their minds between good [liberty] and evil [big government]) so bent on excoriating and delegitimizing those who want to do something about this: the TEA Party and Constitutionalists?

Why is the Oprah- and American Idol-addicted public so stupid as to cooperate with the excoriation and delegitimization of those who want to do something about this: the TEA Party and Constitutionalists?

Last week Congress passed and the president signed into law the Budget Control Act of 2011. That very day, US debt shot up $239 billion -- the largest one-day bump in history. That this so-called debt reduction bill included only $21 billion in spending cuts in the first year, as opposed to an immediate $1 trillion debt ceiling increase over the next year! Is there even one Democrat voter paying attention to this?

The alleged spending cuts are, in reality, only symbolic cuts in the future increases in federal spending that the government pre-plans through what is called "baseline budgeting." Nothing is ever really cut. Only the rate of growth in government power and spending is cut. You could say the whole thing is a scam. Is there even one Democrat voter paying attention to this?

On Friday, as projected by some and feared by many, Standard and Poor's reacted to these series of events by downgrading the US credit rating, which politicians swore would not happen! The Left (including the mainstream news media) has the gall to blame the downgrade on the TEA Party -- not on the nation's disastrous fiscal mess.

The government currently spends more than $43,000 a year for each American household, nearly half of it borrowed and added to the devastating debt already imposed on our children and grandchildren.

The $16 trillion so-called "national debt" is only part of the picture -- total unfunded liabilites (ie MediCare, MedicAid, Social Security, government-employee pensions) exceeds $1.4 million per household!

Some people are paying attention and they're terrified by the consequences of this out-of-control government growth and spending. Everybody else is going to the mall.

Most Americans are addicted to, or dependent on (eg government employees), that wild government growth and spending. As long as they're getting their "piece of the pie," they don't care and persist on electing politicians who eagerly exploit their devil-may-care attitude.

Without severe government belt-tightening, this house of cards must collapse. It will happen in our lifetime.

We gotta get some smarter voters!



Check out a more detailed version of the US Debt Clock.







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