There is a monster out there ready to destroy the future of the United States. It is called the ballooning interest payment on the national debt. Each dollar borrowed is like a puff into a balloon, and as the balloon grows bigger, it encounters more stress, until it eventually pops.
This is how the interest on the $14 trillion plus we face in national debt is going to come back and haunt the United States. One day, the interest is going to stress this great Republic to the point of popping. That's why serious cuts must be made.
While programs like Cut, Cap, and Balance are a start, they don't go deep enough. This is simply noted by some simple math to analyze the rhetoric coming from Washington, full of optimism anytime the word trillion in cuts roll off the tongues of those Congress critters.
Cut, Cap, and Balance, which I support with some reserve, promises to cut $3.7 trillion from the national debt. The problem is, when you look at the reality of it, the spending cuts obviously don't go deep enough to shrink the size of government to cut spending. Once again we are looking at a ten year plan, and nothing in Washington ever last ten years.
What they are saying to us is they are willing to cut the debt by a minimal $370 billion a year. That tells me, knowing Washington and how the Republicans couldn't even come up with $100 billion in cuts in the House earlier this year, they are going to dig deeper into our pockets to get this money. That's what bothers me the most about it.
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