Sunday, June 22, 2014

Spending: The Forgotten Issue

My position is simple. Yes, we have to protect ourselves from Al Qedahs but our national debt is the absolute greatest threat to America.

The Tea Party has its roots in the public's concern for the national debt. Perhaps because it has been with us for so long, people are not alarmed by the warnings of insolvency. Maybe in a growing economy, we could carry a modest increase in the debt load. However, our economy is not vibrant and our debt increase is colossal.

I am not much of a Keynsian but most things for most people most of the time would be better if the profligacy had been used for "shovel-ready jobs." For $8 trillion---and that is $8 trillion in deficit alone, not $8 trillion of total spending--over five years we could have rebuilt every old bridge in this country (see Crumbling of America, a topic that will move to the front burner should a Republican seize the White House) we could have the world's best passenger rail system, we could put a colony on the moon, we could give every adult a college education, we could reinforce shaky state and municipal pension funds...$8 trillion is a lot of play money!

So where did all the moolah go? We can return to that later. The Obots won the battles and they won the war. They hit us with so many assaults on the Constitution, so many acts of harassment, ongoing corruption, health care policies that less than 40% of Americans endorse, scandals, lies, more scandals, more lies, on a backdrop of 176 rounds of golf, two-jet vacations, fundraiser after fundraiser and more celebrities than "The Tonight Show." The Obama Administration's greatest success (for them, not us) is deleting the issues of deficits, debt and graft--in a word, spending--from public discourse.

Will spending be an issue in 2014?




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