Its our own little version of Venezuela as the elite must put on a phony image as the realities of the Age of Austerity sink into people’s lives.
The cost of health insurance skyrocking, the cost of food rising at least 15 percent every year, the constant pressure from creditors leading to more taxes or “cuts” coming out of Washington.
The economy is not improving or is it going to improve if present trends continue.
Obama and the RINO’s intend to do nothing to solve the mess but will instead stir our emotions and feelings with wedge issues to draw us into their camps.
WE NEED AN PLAN TO QUICKLY BALANCE THE BUDGET THAT WILL HOPEFULLY SAVE US FROM RUIN. A PLAN THAT SIMPLY CUTS SPENDING AND DOES NOT RAISE TAXES IN ANY WAY SHAPE OR FORM.
WE CAN’T CAUSE ANY MORE ECONOMIC DAMAGE WITH HIGHER TAXES.
THE SPENDING BEYOND OUR MEANS MUST END IMMEDIATELY AND NEITHER POLITICAL PARTY IS WILLING TO DO ANYTHING THAT WILL REALLY END THE SPENDING.
SO I KEEP ON SAYING LETS AT LEAST THINK ABOUT A THIRD PARTY THAT WILL STAND FOR SOME KIND OF AUTHENTIC ACTION TO FIRMLY AND LITERALLY BALANCE THE BUDGET.
WE ARE DOOMED.
I have 2 schools of thought...
1. In business there comes a point where you can only charge so much for your good or service because someone else will do it cheaper (& not necessarily better).
There will come a time where people physically can’t pay anymore taxes, hidden or overt. Hence the gov’t will not only be broke but have no revenues coming in because their policies have but business’ out business = no jobs = no income = no income tax $. So we either wake up those around us, stop complaining & take action (the addage actions speak louder than words comes to mind).
2. I went to a speaking engagement in the early 90’s to hear Walter Williams, economics professor @ Geo Mason Univ.
He spoke of “The Grroup of 50” (first time I’d heard of this) the idea was that once the deficit hit 3T $, this group would get into action recalling our govt and returning to the Constitution of 1787. Basically a reset. I’ve not heard more about it and we are WAAAAYYY past 3T deficit.
JMHO