Ronald Reagan once
said about runaway government expenditures, “We could say they spend like
drunken sailors, but that would be unfair to drunken sailors, because the
sailors are spending their own money."
Congress has now passed
into law a bill to raise the debt-ceiling and supposedly cut the projected
growth of government by a few trillion over the next decade.
Meanwhile, the August
2 crisis of a default on our debts has been supposedly avoided. And it
seems that neither side is fully happy.
On the one hand, I
hear the Tea Party being given credit for helping to frame the debate.
On the other hand, I hear many of the Tea Party members themselves questioning
the wisdom of the whole deal.
Criticism from the
left includes Chris Matthews of MSNBC, who likened the Republicans to kidnappers.
John McCain called
the Tea Partiers “hobbits.” Joe Biden allegedly called them “terrorists”
(according to eyewitnesses). Harry Reid calls the rise of the Tea Party
movement “very, very disconcerting.”
One Missouri Democrat called
this deal “a sugar-coated Satan sandwich.” I’m not exactly sure what a
Satan sandwich is, but I’m sure it’s not good (unless, I suppose, it’s
deviled ham).
But I also hear conservatives
decrying the new move.
Rush Limbaugh said
on his program of the whole debt-ceiling deal, “I see an absolute, total
waste of effort, a total waste of time.”
The Speaker of the
House, John Boehner acknowledged that the recent vote was not the best
deal around, but it was stepping in the right direction.
My Congressman, Allen
West, an overall hero in my book, explained why he supported the compromise
deal. He said that it requires five miles to turn an aircraft carrier around.
Thus, how can we possibly undo all the recent runaway spending in one vote?
Meanwhile, Tony Perkins
of the Family Research Council expressed some concern with the deal, noting,
“As with the budget debate, there is some genuine disappointment on the
part of conservatives, who had come to Washington to change the culture---not
just change the conversation.”
Terence P. Jeffrey of cnsnews.com
points out that the increase of the debt-ceiling limit is the largest in
the history of the republic---by a margin of half a trillion dollars.
So how is it that
the Tea Party supposedly won this debate?
The Media Research
Center said of the deal that it “doesn’t actually ‘cut’ any spending as
it doesn’t touch entitlement programs and allows discretionary spending
to grow by tens of billions each year.”
Yet it seems that
the mainstream media allowed one liberal commentator after another to bemoan
the bill.
Minority leader Nancy
Pelosi said it will hurt real people. (As opposed to fake ones?)
Matt Lauer asked a
presidential aide, "The President clearly wanted more revenues, he wanted
to raise taxes on wealthiest Americans, he wanted to get rid of some tax
cuts for corporations. Those are not in there. Is the fight over taxes
over and did the President lose it?"
If the mainstream
media and liberal politicians are to be believed, the conservatives won
(supposedly) at the cost of the country.
And Harry Reid now vows
to spend all the new money allowed by our having increased the debt-ceiling.
Who’s going to pay for all
this stuff? Oh yeah, our children and grandchildren.
To me, runaway government
spending, in general, is like a father going into his three-year old’s
room, breaking open her piggy bank, stealing all the money, and leaving
a note. Not an IOU. But a UO-me.
The debt ceiling has
now exceeded the $14 trillion dollar limit to more than $16 trillion. Rounding
off the numbers, assuming there are 300 million Americans, that means each
of us---man, woman, child, newborn baby---owes $46,000 now. Soon we will
each owe $53,000. Ouch.
I agree with the Good
Book when it says that a wise man leaves an inheritance for his children---not
a massive debt.
I also agree with
a prominent politician who said this a few years ago:
The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government can not pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America's debt weakens us domestically and internationally. Leadership means that, "the buck stops here." Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.Who said that? Senator Barack Obama in March 2006.
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