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| Bernie Sanders; on the left. |
Neal Boortz "The reality is that even if the federal government got rid of all foreign aid and earmarks, "we'd still have a huge problem, because most of our budget goes to Social Security, Medicare, Medicaid and defense spending, about 70 percent of the budget. Everything else we do is only about 30 percent of the budget." That's not a quote from Rep. Paul Ryan who just proposed his budget plan. That's not even a quote from a Republican. That's a quote from Barack Obama, our esteemed Community Organizer. I bring this up to show that Democrats, including Obama, are aware that entitlement spending is perhaps THE issue we are facing fiscally."
More Boortz: Taxing Our Way Out of This Mess
This should make the entire situation clear to anyone:
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| Chuck Schumer; also on the left |
"Suppose you and your spouse are arguing about your finances. You have discovered, to your horror, that you are spending $1,400 per month over and above your total household income. Terrified, you inform your spouse that this is completely insane and unsustainable, and that it must stop immediately.
"Your spouse nods in nominal agreement — but then digs in his or her heels against every single specific spending cut that you propose." Then...
2 comments:
Excellent post, Bill!
We are headed for an economic collapse just like what happened to the old Soviet Union in the 1980s.
We are gonna crash and burn!
The upside is that when we finally dig our way out of the landslide, the leftist way of doing business and government is over.
Thanks, Ronbo, but I have struggles with pessimism; the left saw the collapse of the Soviet Union and the troubles of Western Europe economies yet they will not see, cannot be MADE to see, the bankruptcy of their cherished philosophies.
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