I remember when I was a teenager and I was constantly borrowing money from my parents because it seemed that my lifestyle had become more than I could afford. I would beg, plead, tell tales of dire misery if I didn’t get the money, lie, say “oh I promise this will be the last time I ask”, and lastly, pout! Washington D.C. reminds me too much of myself as a teenager; only these people in Washington are supposed to be adults, aren’t they? Why is all of this important? My parents finally had to put a stop to the borrowing and teach me some hard lessons about money. The same thing is happening and needs to be done in our government.
We have a budget deficit in the federal government of approximately $ 1.7 TRILLION! Our national debt is somewhere around $16 TRILLION, give or take a few billion, In others words, this spending is UNSUSTAINABLE. The budget deficit is what we are spending OVER what the United States takes in from all sources. We have resorted to borrowing 40 cents of every dollar spent from one of our most dangerous enemies…China. Why do we engage in this adolescent behavior, you may ask? POWER! Our Congresspeople, both Representatives and Senators, are more interested in getting re-elected than in managing YOUR money in a responsible way. Your money? Yes, because the government is supposed to live only on what the people’s taxes will pay for.
By law, we have what is called a “debt ceiling,” which is the maximum amount of money the government can spend before it either has to cut spending to keep us with our revenue limits, or Congress must vote to raise that ceiling. Now here is where the fun begins. Democrats will be screaming, if the debt limit isn’t raised again, that senior citizens, the disabled, the poor, single moms, minorities, endangered species, and on and on, are all going to become victims without that extra money to throw at them. The Republicans are going to stand their ground (at least for an hour or two) and demand that the Democrats allow bloated government programs and agencies to be dismantled, discontinued, or reformed (God forbid). The threats, crying, pleading, horror stories, and lastly, the pouting will commence from both sides. Yes, there are BIG spenders in the Republican Party too!
You can bet that minority groups’ favorite giveaways will be the focus of the fiscally irresponsible demagogues wailing and doomsaying to all that will listen. The reason? Too much has been promised to too many people for too long. Those programs that have outrun their funding are in reality going to die sooner or later because their just isn’t enough money in this WORLD to pay for them, and Congress knows it! Some tough choices have to be made this time around by Congress because you don’t solve anything by throwing good money after bad, money this country no longer has. When do the adults take over and stop asking for money to throw away and start finding HARD solutions to a problem that could destroy our economy?
Photo credit: terrellaftermath
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Quite frankly, I am sick of this. Obama said when he was running, he would cut the deficit in half and instead it grew by another 50%. He never talks about what he can cut, he just keeps finding things to appease one group or another to add more debt. How can we get out of debt if we keep adding things?
And I am also sick about Congress for allowing this. With the except of a very few, they all need to go, especially Harry Reid, Nancy Pelosi and probably John Boehner.
I guess you missed the memo on backwards words and backwards statements…things like "cut" actually mean "add", and "won't use this power to incarcerate American Citizens" means "You bet your behind I'm going to Incarcerate anyone who disagrees with me". If you want a copy of the Memo, you can request it at Whitehouse.Gov, send them a check for $15,000 and wait 75 years, then you'll get it in the mail.
+1, Oblamer is a tool
Another, one thousand and five yawn moment. Really kids, did you really think these idiots in D.C. are going to behave like financial responsible adults? They have had the key to the candy shop for 30 plus years. They are not going to give up the candy on our time. We have become faceless financial slaves and they don't care. I run to the bathroom every day when I read articles like this and throw up.
“The LOVE OF MONEY………..is the ROOT OF ALL EVIL”. Read it carefully, it is often misquoted, as “money is the root” of evil……………..No, in and of itself, money is not evil. Money is the paper that we use to “barter” for what we want or need. It is the LOVE of money that is the root cause of our problems financially, here, and abroad. These people in power are so IN LOVE with money, which gives them POWER, that they will do or say anything, do AND say anything, to get what they want, OUR MONEY! The money that We, the People, work our hands to the bone for, that they can steal, rip from our hard working hands, and spend like there is no tomorrow. Tomorrow always comes, and that day will come, or has already come, but either way, when it does, what do we do? I can predict what we will do……….we will do what the French peasents did in the days of King Louis and Queen Marie Antoinette…….we will revolt. This is what happens when the peasents are hungry and have families to tend to. The peasents grow angry and tired of seeing their “leaders” live “high off the hog” and bad things, very bad things, happen. It is History, Repeating Itself. Just a “Little Bit of History, Repeating Itself”, or a whole lotta history repeating…………..at this time, “a whole lotta shakin’ ” will be goin’ on too! The country, the whole world will shake with the anger and frustration of the little people, the “peasents”! This country is angry, from one end to the other. I have never in all my years, seen such anger from Americans, at their government! And, it can only grow worse if the situation continues as it is, and possibly gets worse from our Capitol.