That’s right…US debt exceeds that of the entire Eurozone plus Britain. Since the populations are about the same, as well, that means more per capita debt for the American people. We always hear about unsustainable practices…well, you’re looking at one.
Progressives love to tell us you can’t cut your way out of the problem, but spending is precisely the problem: if you spend more than you take in, you go broke. Then no one lends to you, government or individual. It’s happened several times across history. Worse, when you are wasting spending on cronyism (Listen up, GOP, this is you, too!) and needless programs, when you lose sight of good stewardship of the public trust, you cannot repair the problem. It will always look too insurmountable, because you don’t want to tell your supporters “no.”
The Republican establishment would have us believe that Mitt Romney is the answer, but that’s not really the case. He might slow the bleeding, but I doubt it…the GOP muckety-mucks are just as intent on spending our hard-earned cash as the Democrats, just on a different set of business buddies — military contractors rather than solar power, for instance. And this is what they don’t understand and fear — the Tea Party sentiment that brought tem to power in the House in 2010 was not a Republican wave…it was a populist, libertarian-leaning wave. If they plug the latest in a series of bland, lifeless cash-pushing robots into office, it will not help their position; if they lose to Obama after a nearly-assured win a year ago, it will destroy whatever credibility the “electability” crowd has. Trying to co-opt libertarian organizations like CATO will not help the “conservative” cause, either; it looks like the bullying it is, Koch brothers.
A great many of us simply don’t believe you anymore. Same goes for you Progressive Democrats. The internet allows us to fact check you in seconds. Bloggers and “new media” give better, more insightful, and truthful analysis than you’ll get on MSNBC or Fox.
Like this:
Like Loading...
