I am not a politician. I may be a low information voter. If I am missing the information that I need to rationalize insane policies that will certainly wreck this country then I can live with it. If you don't want to read the ideas of a regular working guy then go somewhere else.
In my fifty eight years I have never seen a politician who showed so much emotion and so little logic than our President. Our country has one major crisis right now. It's not the need to control guns, through universal background checks is not a give away of the 2nd amendment. It's not abortion or women's rights. It's not Afganistan. It's not the Violence Against Women Act. It's not gays in the Boy Scouts of America and it's not health care. It's not the need for universal daycare. It's the debt. It's our spending problem...the fact that we are spending so much more than we are taking in. If we don't fix the debt problem nothing else will matter.
Daily, it seems, the White House is pronouncing a new initiative to fix something important. Every day! President Obama must have a group working day and night to come up with new ideas to announce the next day.
And the conservative party takes the bait every time he does it. Then we get hit by the vitriolic hate of those who would "benefit" from fixing the new problem. And the liberal media announces that we hate those people. I don't have to say that is no way to run a country.
Presently we are spending some 320 billion dollars a year servicing the debt. To give some comparison, the US annual military payroll is 150 billion dollars. We are experiencing huge stress over 85 billion in sequester cuts. Listen. Interest rates will be rising shortly. They cannot stay down. It is beyond our control. When that happens our annual interest on the debt will increase something like 200 billion more dollars bringing the debt expense to over 500 Billion dollars a year. If we can't settle on cutting 85 billion now what do you think will happen when we are faced with 200 billion more? The answer...more borrowing to pay the interest. Then...all the taxes on the rich that they can cough up and then heavy taxation of the Middle Class. In terms of recession causing taxes...you ain't seen nothing yet. It's going to be really ugly. It's going to be scary. And it's going to reflect the loss of America's wealth. It will have already happened and we will be dealing with the tragic consequences. Inconceivable changes are coming if we don't fix the problem and it may already be too late.
We need a balanced budget and we won't get it unless we pass an amendment to the constitution calling for it. Neither will happen, more than likely. We have an utter failure of leadership of our government.
What we need is a government that is responsible enough to meet the call and make the necessary changes to avoid the return of the dark ages. What we've got, well, I'm sorry to say, it is what it is. Interest rates will go up. When? As soon as the world realizes that we have a spending/borrowing problem. Acting on those realizations will force interest rates up in all countries so they will put it off as long as they can, but it is inevitable.
Leadership begins at home. Leadership is born from our acts and attitudes. Changes must be made. The coming Congressional elections could make this change and force the present administration to act in our behalf. This may be the last chance we have to turn this country around. Until then pressure can be brought to bear on Obama's supporters in Congress to do what this country and the world desperately needs for them to do.
This story is already written. Interest rates will rise. We will shortly be struggling with interest payments which will sharply curtail anything our government wants to do for us. Huge tax increases are right around the corner for the wealthy as well as for the Middle Class. Politicians are laughing about the fact that America doesn't see it coming. None of them feel accountable. Our grandchildren will be paying for these excesses for which we have little to show. They will have to fix it. Good luck, America.
In my fifty eight years I have never seen a politician who showed so much emotion and so little logic than our President. Our country has one major crisis right now. It's not the need to control guns, through universal background checks is not a give away of the 2nd amendment. It's not abortion or women's rights. It's not Afganistan. It's not the Violence Against Women Act. It's not gays in the Boy Scouts of America and it's not health care. It's not the need for universal daycare. It's the debt. It's our spending problem...the fact that we are spending so much more than we are taking in. If we don't fix the debt problem nothing else will matter.
Daily, it seems, the White House is pronouncing a new initiative to fix something important. Every day! President Obama must have a group working day and night to come up with new ideas to announce the next day.
And the conservative party takes the bait every time he does it. Then we get hit by the vitriolic hate of those who would "benefit" from fixing the new problem. And the liberal media announces that we hate those people. I don't have to say that is no way to run a country.
Presently we are spending some 320 billion dollars a year servicing the debt. To give some comparison, the US annual military payroll is 150 billion dollars. We are experiencing huge stress over 85 billion in sequester cuts. Listen. Interest rates will be rising shortly. They cannot stay down. It is beyond our control. When that happens our annual interest on the debt will increase something like 200 billion more dollars bringing the debt expense to over 500 Billion dollars a year. If we can't settle on cutting 85 billion now what do you think will happen when we are faced with 200 billion more? The answer...more borrowing to pay the interest. Then...all the taxes on the rich that they can cough up and then heavy taxation of the Middle Class. In terms of recession causing taxes...you ain't seen nothing yet. It's going to be really ugly. It's going to be scary. And it's going to reflect the loss of America's wealth. It will have already happened and we will be dealing with the tragic consequences. Inconceivable changes are coming if we don't fix the problem and it may already be too late.
We need a balanced budget and we won't get it unless we pass an amendment to the constitution calling for it. Neither will happen, more than likely. We have an utter failure of leadership of our government.
What we need is a government that is responsible enough to meet the call and make the necessary changes to avoid the return of the dark ages. What we've got, well, I'm sorry to say, it is what it is. Interest rates will go up. When? As soon as the world realizes that we have a spending/borrowing problem. Acting on those realizations will force interest rates up in all countries so they will put it off as long as they can, but it is inevitable.
Leadership begins at home. Leadership is born from our acts and attitudes. Changes must be made. The coming Congressional elections could make this change and force the present administration to act in our behalf. This may be the last chance we have to turn this country around. Until then pressure can be brought to bear on Obama's supporters in Congress to do what this country and the world desperately needs for them to do.
This story is already written. Interest rates will rise. We will shortly be struggling with interest payments which will sharply curtail anything our government wants to do for us. Huge tax increases are right around the corner for the wealthy as well as for the Middle Class. Politicians are laughing about the fact that America doesn't see it coming. None of them feel accountable. Our grandchildren will be paying for these excesses for which we have little to show. They will have to fix it. Good luck, America.
