Financial Ruin: It's Automatic
Picture credit: Elder Law St. Louis
Time Magazine's Blog of the Year continues its run of outstanding commentary. John Hinderaker posts the following ominous missive on the failure of either party to get serious about addressing out-of-control entitlement spending.
And, yes, the MSM/DNC is worse -- much worse -- than the GOP because they fail to even acknowledge the problem. It used to be that both parties would step up to challenges together to confront true threats to the United States.
But the Democratic leadership is no longer acting in the best interest of Americans. They are, instead, on a course of obstructionism for obstructionism's sake. And that spells the continued, catastrophic meltdown of the Democratic party. Read on:
|Entitlements are devouring the federal budget and, if they are not checked, will inevitably dictate higher taxes and a downward spiral of slow growth and unemployment. That's the way it looks to me, anyway. And no one is doing anything about it. The "cuts" proposed by the Republicans are so trivial as to be merely symbolic, as is the ritual faux-outrage expressed by the Democrats in response. Dafydd ab Hugh dissects the latest round of fake "cuts" and fake "outrage":|
Those nasty, brutish, and short Republicans are once again trying to take the pills that Grandma needs right out of her mouth, according to the Associated Press. Here is the scareline of the AP article:
Any truthful discussion of entitlement spending seems to be impossible. So the escalator just keeps on rising. It's automatic.
Powerline: Financial Ruin: It's Automatic