The human capacity for self-delusion is the only thing that explains why the left continues to cling to a tired and discredited belief system.
Administration apologists are blaming the Tea Party for the recent downgrade of U.S. debt by Standard & Poor’s. I disagree. I think the Tea Party forced a useful debate exactly as the founders would have hoped.
The piper has arrived in Europe, seeking to be paid for 60 years of social entitlement spending. Everyone knows that the piper’s next stop is the United States.
Following 9/11Continental Airlines was in nowhere near the financial trouble the U.S. government is in now. Yet Continental’s CEO made dramatic cuts to his company’s expenses to ensure economic survival. No one in Washington is making any such proposal for the United States.
Aside from throwing out a number ending in the word, “trillion,” what specific spending cuts are any of Obama, Boehner, Reid, the “Gang of Six” or anyone else proposing? When does anyone propose the the U.S. actually spend less money than it is currently spending?
The 1978 Yankees staged a dramatic comeback to save the season and save their reputation. We Baby Boomers need something similar.
If the government stopped wasting money tomorrow, the country would still go broke. Such is the magnitude of the entitlement state.
Richard Nixon is regarded as one of the most cynical presidents ever. Yet even he might be appalled at the current president’s demogoguery on deficits and the debt ceiling.
Every chief executive and every business owner in the country has had to prioritize spending since the economy went soft in 2007. It’s what executives get paid to do. But President Obama refuses to make spending choices. He prefers vilifying successful Americans as a sop to his hard left base.
Bill and Marge have been hitting the VISA card each month to close the gap between what they earn and what they spend. Their reckoning is coming. The U.S. Government needs to learn from Bill and Marge.