I was originally going to entitle this article, "Wahhhh . . . ." This is in response to the article I'm posting here:
http://www.msnbc.msn.com/id/40903384/ns/politics-the_new_york_times
The Republicans are going to try to make large budget cuts. Here's the deal. It has to be done. Here is what we have to worry about if the national debt gets to the point where the interest is so high the nation will default: when it reaches that critical point (we're almost there) the government will print huge amounts of money. What you've been saving all your life will become worth a lot less.
What is so ludicrous about the way this particular article (above) is reported is that they make the Republicans who are cutting into the bad guys. Aren't they terrible, those mean Republicans? Frankly, I don't think they're cutting enough. They need to cut a whole lot more, and hopefully, if they succeed, they will save all our hides. We can't afford the Democrats. No more than a person making 50,000 a year can afford three brand new Mercedes and a $400,000 home, with no money in the bank. The bills of all the feckless Democrat promises (and some of the squishy long-term Republicans) over the years are coming due. Get ready for cuts. They're coming. If they don't, it's going to get a whole lot worse.
Tuesday, January 4, 2011
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