Posted on 07/10/2011 10:23:57 AM PDT by Sioux-san
It’s politically risky to raise taxes. It’s politically risky to cut spending. The one thing that isn’t politically risky to do is go deeper and deeper into debt. Whatever agreement evolves or devolves out of congress it will likely allow Republicans to satisfy their base by cutting spending a little, allow Democrats to satisfy their base by raising taxes a little, and kick the ball down the road by going deeper into debt.
The real subject of this is not Medicare or the Stimulus plan—it’s long term thinking.
We did not suddenly go to sleep and then wake up the next day with a political class that acted this way. Or with CEO’s that act this way. The erosion of long term thinking is progressive. It begins slowly before becoming pervasive.
Lack of long term thinking manifests itself as a lack of responsibility. The difference is not in intelligence. Very intelligent people show no grasp of responsibility and no understanding of consequences. ‘Stupid’ behavior by intelligent people is often a symptom of that. Sociopaths, who often have very high IQ’s, yet a poor understanding of consequences, are at the farthest limit of that category.
(Excerpt) Read more at canadafreepress.com ...
Pray for G_d fearing representation! Anything less is candy coated cyanide.
I think it would be more accurate to call most of the politicians in Wash-DC as addicts. They are addicted to power and fame. From a distance, they are indistinguishable from socialpaths. The addicts know that their power is waning in a wind that is calling for government reduction and budget reduction. The addicts are desperate.
Moody’s keeps warning and warning. One of these days we are going to wake up to an AA credit rating. Not a good thing.
Why are the republicans not demanding the repeal of obamacare?
So far, that isn’t even being mentioned in the budget talks.
Good article.
Good article.
One party system!
For the same reason they ignore that Obama posted two crudely made forgeries, or that there is certifiable evidence that he is using another man's social security number, or that not one student of his year of graduation remembers him casting a shadow on the campus of Columbia University, or that he ignores subpoeans, or frustrates every FOIA request with false claims that records are destroyed or missing, or that a man was shot through the head the night before he was to testify about Obama’s passport, or that the offices of the West Wing are littered with unconfirmed Marxist czars .....
I could go on and on....I am disgusted with the lot of them.
Or non-thinking.
Add the relentless government propaganda capilalizing on the general "citizen" ignorance and greed, and you have the perfect storm of spiraling taxes and plummeting wealth creation. You end up with "wisdom" like this :
"Algernon Austin, director of the EPI’s Program on Race, Ethnicity and the Economy, described the wealth gap this way: “In 2009, for every dollar of wealth the average white household had, black households only had two cents.”
The only possible response, other than "speechlessness" is WTF?
Confound "wealth" with "income" and you erase responsibility, initiative, the ability to see the future, judgement, personal effort and real achievement.
Bread and Circuses.
I agree. From what I have read Obamacare is $1 trillon. We could save that immediately.
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