You would have to be an idiot, I mean seriously stupid, to believe that the U.S. can continue spending as we have the last decade, without collapsing our financial system through default or hyper-inflation. Every category of spending is growing at an exponential rate.
And raising taxes won’t do it either. Throughout our country’s history, raising taxes has resulted in one thing: higher spending. Does anyone truly believe that if we raised taxes that the increased revenue would be used to pay down the deficit? And just “taxing the rich” won’t do it either. To close the projected deficit in 2020 of over 1 Trillion dollars, the top tax rate would have to be 134%. I’m not aware of a way to tax more than 100% of someone’s income.
To recap: Spending is growing exponentially; tax increases have historically been used to increase spending, and taxing the rich will not close the deficit.
So we have a big problem, and the only way to solve it is to decrease spending substantially. After watching the last few weeks of debt-ceiling negotiations, I’m convinced that our politicians will NEVER be able to cut spending enough to keep our country from barreling headlong into a financial Armageddon.
The dumb-fucks in Congress are playing politics, trying to ensure their election or re-election in 2012. Let me tell you something. Let me tell you how stupid these fuckers are. You HAVE to be an idiot to want to be a politician in 2012, because 2012 is the end of the road. In 2012, you will either be responsible for massive, across-the-board spending cuts and fundamental entitlement reform, or you will be responsible for ushering in hyper-inflation, whereby things get so bad that Americans are “sawing off their own fucking legs.” The days of over-promising and under-delivering are over. There is no other way out of this.
So why would you want to be re-elected in 2012? Why would you want your party to hold onto Congress, or the White House, when inevitably your party will be the ones left holding the bag of empty promises?
There is only one reason why these fuckers in Congress are playing politics, while Rome burns. They are more worried about their own power than the health of our country. There is no way our country can survive with “leaders” such as the buffoons we see on the daily news cycle, offering only platitudes, unwilling to stand for the truth, regardless of what it means for their political careers. The Democrats know good and well that spending has to be cut dramatically, entitlements must be reformed, and that tax increases aren’t going to fix the problem. The Republicans know that defense has to be cut, the tax code has to be reformed to eliminate breaks and loopholes for favored constituents, and that they must cut spending in areas that the Democrats will use to paint them as villainous demons. Both parties will have to alienate a large percentage of their bases in order to make the changes that must be made. They won’t because alienating the base is not a recipe for re-election. That fact that they are worried about re-election at this point shows them to be insane. (See the previous two paragraphs).
Finally, when this country collapses, I hope the American mainstream media has nothing left to eat except for their own shit, and maybe a few copies of the fucking New York Times. Because these fucking hacks have worked hand-in-hand with the politicians, eager to be part of the social elites, eager to be celebrities, they have not been doing their jobs, which is to tell the truth in a manner in which average Americans can understand it. Hell, they haven’t been telling the truth at all.
The U.S. is fucked.
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