I am astounded by the level of stupidity being passed for wisdom these days. People are staring into the face of the leviathan and are seeing daisies. Or something; they're definitely not looking at reality. Massive industry bailouts, inflated government spending, a tumbling economy, overflowing jails, and it doesn't look like we'll get out of those Middle Eastern stinkpots anytime soon. Thanks a lot.
So here's the situation: Our national debt
is over (9000!) $11 trillion, our budget deficit has
hit $1.7 trillion, and apparently (although I haven't really checked these numbers here, so this guy could be wrong) government spending is now
90% of American GDP. But wait, it gets better. Obama has, as you know, decided to "halve the deficit in four years," but at the same time refuses to increase taxes. He's ordered a piddling
$100 million budget cut in the next 90 days, but that's like pissing into the Atlantic Ocean. (Or Onondaga Lake, although for two very different reasons.) Such a tiny amount is almost insulting.
The whole thing is insane. Either Obama is nuts, incredibly brilliant on the scale of Ronald D. Moore and J.J. Abrams (which may not be a good thing), or he's a moron. It doesn't make any sense what he's doing. Let's just look at it: in order to have money, one must have income and revenues. To keep an entity afloat, revenues must be larger than expenses. So what is Obama doing? Cutting revenues and increasing expenses. Is this not boneheaded, pants on head retarded fiscal policy? Why can no one see this? And then his press secretary has the balls to say (CSM paraphrasing): "that higher budget forecasts will not make it harder for President Obama to halve the deficit in four years."
IS HE OUT OF HIS FRICKIN` MIND?I understand that, as a PR officer, Mr. Gibbs is required to spin things positively for his client, but c'mon, this is absurd. No, wait, I take that back. The fact that the American public is buying into this crap is what's absurd. It doesn't really require a degree in economics. Hell, just managing your pocketbook should tell you what's needed. But for some inexplicable reason, the American public is inable--or perhaps unwilling--to see past the Obama Administration's doubletalk and contradictions. And they're quite unable--or unwilling--to understand the ramifications of these policies. Sure, in the near future, they might buoy the economy, but when the debt finally comes due and the economy gets into a rough patch again, we're screwed. Massive inflation. Government bankruptcy. Economic downturn (again.) And if people buy into government intervention into the economy again, so help me David Boaz, I'm going to pound my head into a concrete block until it turns bloody.
Ultimately, however, can we really lay this at the feet of the Democrats? The individual and party most to blame are George W. Bush and the Republicans. They're a gang of liars, thieves, warmongerers, and slimy twofacers who have less credibility than George Tenet on Iraq's WMD program. We had a budget surplus when Bush came into office; that quickly went the way of the dodo. Any shred of small-government conservatism and limited spending was vaporized during his eight years. As CBS notes, "He ran up more debt faster than nearly all of his predecessors combined: just under $4.9-trillion." The current Republicans in power are nothing but a bunch of empty-headed, unprincipled, scoundrel hypocrites. According to Boehner, the House Minority Leader, the current budget "spends too much, taxes too much, and borrows too much from our children and grandchildren." (Quoted from
Washington Post.) If that's the case, just where the hell was he from 2000-2008? Lounging around in the cafeteria? What an idiot. As much as we harp on Democrats, the Republican Party right now is the most pathetic creature I've seen. And people still vote for it?
If there's one silver lining to this mess, it's that if we
lose our superpower status and
our #1 GDP ranking, there's a chance people may wake up. They've been living in a world where America was always #1 no matter what, that they were on top. Coming down from such a high is going to be a good wake-up call to most of America, and hopefully it'll provide some good soul-searching and investigations into government. Maybe we can get back to the principles of limited government that have eluded us for so long. If not, we're in for some pretty scary times.
And that's my ridiculous oversized rant on the insanity gripping the United States.
EDIT: Even the AP
thinks Obama isn't doing enough.