July 9, 2011

Just go borrow another cup of sugar...

Sarah Palin: The Sugar Daddy Has Run Out of Sugar; Now We Need New Leaders:

"New leaders." Hmmm. Uh, didja have anyone specific in mind, gov'ner?

...The same "experts" who got us into this mess are now telling us that the only way out of our debt crisis is to "increase revenue," but not by creating more jobs and therefore a larger tax base; no, they want to "increase revenue" by raising taxes on job creators who are taxed enough already! As Margaret Thatcher said, "The trouble with socialism is that eventually you run out of other people's money." That's where we are now. Hard working taxpayers have been big government's Sugar Daddy for far too long, and now we're out of sugar. We don't want big government, we can't afford it, and we are unwilling to pay for it.

This debt ceiling debate is the perfect time to do what must be done. We must cut. Yes, I'm for a balanced budget amendment and for enforceable spending caps. But first and foremost we must cut spending, not "strike a deal" that allows politicians to raise more debt! See, Washington is addicted to OPM – Other People's Money. And like any junkie, they will lie, steal, and cheat to fund their addiction. We must cut them off and cut government down to size.

To paraphrase Hemingway, people go broke slowly and then all at once. We've been slowly going broke for years, but now it's happening all at once as the world's capital markets are demanding action from us, yet Obama assumes we'll just go borrow another cup of sugar from some increasingly impatient neighbor. We cannot knock on anyone's door anymore. And we don't have any time to wait for Washington to start behaving responsibly. We'll be Greece before these D.C. politicians' false promises are over. We must force government to live within its means, just as every business and household does.

We can't close our $1.5 trillion deficit overnight, but we must get as close as we can as soon as we can. Little nibbles here and there over 10 years (spun to sound like they're huge budget cuts) aren't anywhere near enough. I know from experience that cutting government spending isn't easy....

"We must cut." Yeah, well everybody says that, but she'd do it! Just whip out the old scalping knife and go to it.

(Thanks to Kami for the picture)

Posted by John Weidner at July 9, 2011 6:15 PM
Weblog by John Weidner