I really am beginning to wonder where Rep Joe Wilson is anymore in DC. The current state of things, as well as all dialogue coming from the Obama administration merit such an outburst not only in the halls of Congress; but in a press conference, the White House, and even a bathroom in certain circles.
The Obama administration’s statement that the government will not be adding to the debt by the middle of the decade clashes hard against the facts, Republicans say, leaving officials straining to justify the budget claim they’ve pushed repeatedly over the past few days.
As it turns out, the administration is not counting interest payments at all into its new budget. That means the team plans to have enough money to pay for ordinary spending programs by the middle of the decade. But it won’t have the money to pay off the interest payments to both the Fed and other nations. So it will have to borrow some more, in turn increasing the debt and increasing the size of future interest payments year after year.
This is no longer partisan, this is a hard fact that the American people must face. The national debt has reached astronomical levels close to 15 trillion and climbs more and more each and every day.
In recent days, I have watched pundits and regular people alike complain and moan about their programs getting cut by both the state and the federal government. The other hard fact that we have to face is that every single one of us is self centered and only looking to what benefits us and not what would be best for both the country and the state we live.
If you are a teacher, you believe that teachers should not be cut. Are you an artist? You think that the arts should not be cut. The list goes on and on. However, learn something quick as citizens of a broke nation. We have to fix this debt…which means, everything needs to be cut across the board and not just the stuff that one or two of us deem unnecessary.
So what do we need to do?
We need to grow up and face the realization that we cannot sustain the course we have set for ourselves. There is no more room for error, pork, or investments. The administration tells the American people that they are becoming more like every family tightening their belt. However, in contrary to every American family, the government can borrow money without having ay assets to place against the loan. When a family requests a loan, the institution will calculate risk compared to the overall debt the family currently has and will approve or deny based upon their findings.
The government needs to learn that lesson and learn it quick.
There is no leadership in Washington. I for one would love to go up there and tell every member of both houses, and the White House….”You Lie.”
