Any of this look familiar? It should. We’ve done this before. Didn’t learn a damn thing, did we?
Evidently not. National debt’s at 14.3 trillion dollars, gas prices are outta sight, unemployment’s at 9% (seasonally adjusted) according to the Department of Labor whose figures do not account for those who’ve given up, or the underemployed scraping by on minimum wage. And the housing market? What housing market? Shot to hell, that’s what housing market.
True, inflation’s nowhere near as bad as under Carter: 3.2 % today vs 18% back in the day. And I took only a quick glance at those figures, I’m sure any real digging will show it much higher.
With all this going on is it any wonder I’m having Carter flashbacks? The only thing missing is the Prez on TV wearing a sweater telling us to cut back some more….and, oh yeah…the 55 MPH speed limit. Hell, you can even find disco on the oldies station.
This President isn’t on TV wearing a sweater, he’s on the golf course most weekends talking shared sacrifice. Shared by whom? By those of us who can’t afford to share, with those want a share. I believe he called that spreading the wealth.
Problem is, wealth is going away almost as fast as a fart in the wind. And our Government wants to spend even more.
That thing about mortgaging our children’s future is now up to our great-grandchildren.
We can not afford it. It is that simple. We have robbed from Peter to pay Paul for entirely too long. The bills have to be paid.
That’s why the House said “no” to raising the debt ceiling. And, hopefully, it will continue to do so until this Administration gets the message: cut the damn spending.
But, just like under the Carter Administration, any such talk is met with dire predictions of grandma eating dog food and children dying in the streets.
I’m tellin’ ya, folks: it’s deja’ vu all over again.
With $14.3 trillion worth of debt, your options are extremely limited, and trying to raise the debt ceiling while maintaining current spending levels is not one of them. This is pure insanity. And, to top that, there are members of Congress who want to increase spending beyond the current idiotic levels.Anybody remember 1979?
The debt ceiling needs to stay right where the hell it’s at until spending comes under control. Any further raising of the ceiling must be tied to real, substantive cuts. If that means eliminating the Departments of Definitely Not Needed, so be it. If it takes cutting White House and Congressional staffs by 50% so be it. If it takes cutting Congressional pay to minimum wage, so be it.
Otherwise, you may as well let the countries we’re indebted to (chiefly China) step in and administer. How does that sound to you? I can see the headline: UN TAKES CONTROL OF U.S., ASSETS SIEZED.
“Aw c’mon, Simmons, you don’t really…” Yes I do.
To be truthful, this President inherited a mess. His policies, however, have turned a mess into a disaster.
Looks like Jimmy Carter got his second term.