I’ve got to let off a little steam. Currently, in the US, we have a government overspending their income by a gigantic proportion. Those in charge have no chance of feeling the result of their own policy (while in office) and those who lose office didn’t have the power anyway so — who cares.
So we have this big tea party movement, you know the one which wanted to slash government. What did we get from the biggest change in electorate in our lifetimes — something like 40 billion in spending cuts. The leftist (and fake conservative) media calls them extremists and mocks their intent, yet this is all we got.
Well I have to say that if you are Greece, Turkey, Venezuela or Iran, that kind of cut is a fantastic victory!! But if you are the single largest economy in the world and you are overspending your income by nearly two times this FORTY BILLION amounts to precisely – 0ne week of overspending!! — Or for the less numerically inclined – one fart in the wind. Two months of our deficit is the annual gross domestic product of Venezuela — go socialism.
Nobody will bail out a 14 trillion dollar debt. Nobody could. Our GDP is 14 trillion, only a small percentage of that is actual profit. Just what do people think when they hear political hacks talking about not cutting ‘services’ when we’re overspending govt income by nearly 2 trillion per year? This isn’t a simple matter of ‘tax the wealthy’, the wealthy don’t exist in those numbers. This isn’t a matter of trim some spending, the trimming needs a chainsaw.
But the magnitude has the public educated public —- baffled, confused, bewildered. Our tea party cut 40 billion ish — per year!! yay!!!!
What about the ONE HUNDRED FIFTY BILLION PER MONTH!!!
Yet half of the public thinks Obama’s doing a good job. Half want Pelosi back. Hell a different half think John Boehner is doing a fine job because he’s just compromising in his position. I’m in NONE of those halves. During the ‘budget’ negotiations I heard/read numerous media outlets saying ‘the public doesn’t want the federal government to ‘shut down’. I kept wondering who they asked? Screw em, shut em all down if that’s what it takes to get the morons to pay attention.
I’m a businessman, I know sometimes compromise is required but I also know when it is time to drive the stake in the ground and say enough. We can tolerate no more government unions (an oxymoron on any other planet in this universe), no more insane spending levels on bloated federal government for programs which are not required. A TOWN can manage its own education with 15,000 USD/student. We don’t need the feds help for education –AT ALL — zero! Health care has become nothing more than a profit center for lawyers and politicians. Over-strict over-interpreted law has spawned massive corporations of bottom feeding Armani suits, yet we continue to feed it.
Why don’t people think of this on their own? Why do I have to write it instead of the thoughtful and wise overpaid media? Don’t comment that it wasn’t really 40 billion in cuts please. I already know and the point is — it wasn’t even close so WHO CARES!
I wrote recently that I really fear for our children, someone commented back that all generations have that fear. My reply is that this time it is not fear of the unknown that is the problem.