Skip to comments.Democrats and Republicans Are Driving America off the Fiscal Cliff
Posted on 04/02/2014 4:21:14 AM PDT by bestintxas
Watching congressional Democrats and Republicans wrestle over the budget is a little like watching Thelma and Louise. Democrats want to stomp on the gas pedal and race to the edge of the cliff at top speed, while Republicans want merely to set the cruise control. Neither approach addresses the fiscal realities of the situation.
America has a debt of $17 trillion. Thats more than $54,000 for every man, woman, and child in the United States. It is unsustainable and has to stop. Failure to do so will leave generations of Americans strapped with a crushing load of debt that jeopardizes their prosperity and that of the nation.
Congress doesnt need a twelve-step program to cure its addiction to overspending; Tea Party Patriots has a one-step proposal that can prevent the nation from careening off this mountain of debt. By shaving one penny from every dollar spent by Congress, we can balance the federal budget in about five years and, in the process, restore fiscal sanity to congressional spending. Failure to take this action now brings us perilously closer to a tipping point that would have cataclysmic effects on our nation.
Those who are addicted to this mounting federal debt will try to confuse and confound taxpayers by trumpeting efforts to reduce the deficit, hoping that enough people dont know the difference between an annual budget deficit and the total accumulated debt. In truth, Congress is digging Americas financial grave, and the solution is not to dig slower but to stop digging period.
(Excerpt) Read more at breitbart.com ...
Key word here is “AND”. You sure have that right.
You caught the complicity of the supposedly independent FED here. They are complicit by keeping interest rates at virtually zero, propelling “investment” in the super heated stock market and now back into the real estate black hole.
When it comes down this time, it will be complete destruction of the debt and equity markets along with taking out the dollar. Welcome to the land of social justice where all are justifiably the equal of social insects like ants.
We’re already over the cliff and well on our way to the bottom.
The very big, very real problem is America is selling all of our jobs to China.
This is a huge problem.
Everyone is sold out. Republicans. Democrats. Everyone.
America we need to get our own jobs back.
Bring back American jobs.
See my tag line for the reason why.
Were already over the cliff and well on our way to the bottom.
I disagree. By restoring our federal government to its Article 1, Section 8 boundaries, we can stop borrowing and start paying off our debts and restore financial security to the United States.
James R. McClure Jr.
Jeffersonian Anti-Federalist Democrat candidate for IN09
I abandoned the republican party when they had control of the congess and executive branch and still spent like drunken sailors. They exposed that they are no different than the dems regarding spending, and the fascist and socialist policies that spending supports.
and this is why our grocery bills keep rising. more money printing, dollar worthless higher prices...
(no one will ever pay attention to this debt problem unless the problem is tied to their own pocket book).
If one believes things will change by replacing democrats with republicans than that person DOES NOT understnd the problem/problems facing America in the least.
Finally somebody gets it.