Democrats creating indentured servants
Thanks to the debt-ceiling battle I think I finally understand economics: People who want government to live within its means, spend less money, make government smaller and lower taxes are racist, homophobic terrorists. People who make drunken sailors look cheap when it comes to spending other people’s money — money they don’t have — are heroes.
Those who use credit cards to pay off other credit cards are in financial trouble, yet the U.S. government borrowing money to pay just the interest on its debts is a good thing? Democrats can’t be this ignorant about the economy.
They are deliberately following a policy of leading America to financial ruin. What other conclusion can one come to?
A new Harvard University Institute of Politics study found that each American worker’s share of the $17 trillion debt — a debt that has Nazism and fascism.
As I stood on Rodman Avenue, I noticed others standing in honor of Col. Asbury, others of my generation. My generation is the one that has sold our children and grandchildren into a bondage of debt and has stolen from children not yet born so that we can have more “stuff.”
My generation has stolen a treasure worth $17 trillion and growing. Long after the things we have acquired is rotting in a landfill, our children and grandchildren will still be paying for it all.
Fifty years from now, I wonder what they will call my generation. jumped by 55 percent since President Obama took office — is currently $123,000. The figure American workers owe is actually much higher because the study didn’t include state and municipal debt. And the Democrats are hellbent on raising that figure.
How many people realize that the “takers,” the primary constituency of the Democratic Party, won’t pay a dime of that debt? Every dime of the debt will be paid by the taxpayers.
How much is enough? At what point will Democrats stop destroying our children’s and grandchildren’s future by saddling them with perpetual debt?
It’s a debt they can never pay off in a lifetime. Americans are becoming indentured servants to their government.
Since President Obama has taken office, his strident stance that he will not make meaningful cuts to government spending but will instead raise taxes has never resulted in an agreed-upon budget, just a series of continuing resolutions kicking the can down the road for more than four years, funded by out-of-control borrowing.
This last time, Mr. Obama refused to consider any cut to his pet health care program, even if it meant shutting down the government for 16 days and flirting with a default. This strident stance will only be broken with a “gun to his head,” as he calls the withholding of funding, and breaking up the strategy of increasing debt beyond that approved, thereby justifying borrowing yet more money to finance it. Lacking that, he would likely just print more money.
So this becomes the strategy: We will no longer fund the government with continuing resolutions. We will reduce the deficits that even the most diehard liberals agree are too high. We will not fund the government until there is a budget agreed on by both parties, passed in both houses and signed by the president, plain and simple. Failure to do this now will shut the government down again and possibly hurt its credit rating. Blame will then fall on both parties and the president. If the consequences are as dire as the Democrats predict, then they have until the first months of the new year to get something agreed upon.