Reality acceptance.
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.
Tagged: deficits
The markets know that the piper must be paid.
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.
If it doesn’t hurt, it’s not a cut.
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.
Where are the cuts?
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 late-season comeback that Boomers need.
The 1978 Yankees staged a dramatic comeback to save the season and save their reputation. We Baby Boomers need something similar.
Recent presidents explain why we’re broke.
If the government stopped wasting money tomorrow, the country would still go broke. Such is the magnitude of the entitlement state.
What would Nixon do?
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.
Hail to the Cynic in Chief
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.
Uninformed populist drivel.
Were it not for those greedy private jet owners refusing to pay their “fair share” of taxes America could solve its deficit and debt problems. So says the Demagouger-in-Chief as he avoids actually addressing the problem.
Entitlement is just a politician word for dependency.
The more you convince people to take goodies from the government rather than provide for themselves, the more votes you can count on come election day.
Who really sets the debt limit?
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.
S&P’s shot across the bow.
Yesterday, Standard & Poor’s issued a negative outlook on the sovereign debt of the United States. Thus the U.S. joins an ignominious pantheon of bankrupt companies and failed socialist states.