SEE HERE To be informed you might want to check this out and see just how out of control things have been and are. A couple of days ago I went to a lunch with our 6th district Congressman, Bob Goodlatte, here in the beautiful Shenandoah Valley of Virginia. Bob is master of the charts and brought about five big detailed charts with him that summarized the problem. The kicker is that it is not a new problem but an systemic problem that is accelerating and at it's current rate will take the economy down in the mid-range term forward 5 to 15 years if something quite extreme isn't done to stop the forward momentum.The Democrats show exactly no real interest in solving the problem. They just want to do more of the same. Almost 50% of American wage earners pay no taxes at all, yet we're constantly told how the rich don't pay their fair share which appears on the face of it to be currently something like 95% of the revenue that is taken in. Bottom line ... it's all envy and greed rhetoric. The problem is that federal spending is so out of control that you could just confiscate the wealth of the "rich" and it wouldn't solve the problem. So the rhetoric has run out of relevance. It's all noise on the line. We have to start behaving like adults and that means throttle back the federal spending. This turns out to be hard because the complex web of previous law means that you simply can't throttle back without changing the law and changing the law is hard because there are those who won't face reality standing in the way.
Frankly a realistic assessment is that the obstructionists won't let the problem be solved and that will lead in the short to intermediate term to a financial collapse and chaos. It is hard not to think that all these smart people that are supposed to be managing these problems must actually want it to happen for otherwise they'd fix it wouldn't they? If our form of government is going to survive it has to show itself capable of solving these kind of problems and soon.
Posts
No comments:
Post a Comment