Tea Party Patriots Bringing the Conscience of America to Washington DC
Are We, being Swindled?
Wait a doggone minute; hold the horses. Looking at the comments on many blog posts, I get the feeling that many folks don't get the big picture about where our national debt is. I have had some folks say I have been too tough on Boehner and other leaders; give them some time, but I have kept up the pressure for good reason. Granted it was the Obama, Pelosi, Reid evil axis that pushed these huge spending levels through, we just don’t have time on our side, before we are hit with inflation and higher interest rates, that will crush any recovery. It should be relatively easy to cut the spending, this year, let me explain. We just need to make our case clear and ominous!
Let me remind you where we have come from, most recently. In 2009 on top of bloated budgets we spent another $800 billion plus on the "Stimulus" package bringing the deficit spending that year to $1.85 trillion. Without the stimulus we would have had about a $1.05 trillion deficit.
We got more of the same spending in 2010 but without a huge stimulus package we spent $1.55 trillion in the deficit zone. The problem with these politicians, is once they get a bump up in the money they can spend, for whatever the reason, they do not want to go back to lower levels. It is that old use it or loose it mentality prevalent in the government trenches, so they buy like crazy at year end whether it is needed or not, just so their budget won't be cut, except the Congress is infected, too.
So here we are, it is 2011 and they are talking about excess spending that will put us in a $1.65 trillion deficit. What if we were to back out that extraordinary "Stimulus" package level of spending (It was supposed to be a one time package, not the trigger for new overall spending levels) from the equation, and take a look at where we could reasonably expect to be. Try $850 billion in deficit spending, still nearly double of Bush's 2008 deficit and that included his large stimulus that most of you received checks for….. Oh, we so soon forget! Without the 2008 stimulus, the deficit was less than $250 billion and that was with two wars going on!
They bumped the spending up for supposedly short term stimulus to jump start the economy, promising to return to lower spending levels but, the addicts on Capitol Hill are having severe withdrawal pains. So what is the current plan, there is none! Borrowing more money to keep federal spending injected into the economy while kicking this ever growing debt can down the road is worse than poke and hope, because this equation is devoid of hope, they know there is none, but like an addict they will continue upping the dose until BOOM!!....it is all over!
As has been said before, we do not have the luxury of time on our side. There are few opportunities that allow significant spending reductions to occur and one of them just passed by with a very feeble $61 billion effort. The debate over raising the debt ceiling above the current $14.3 trillion limit; is our best hope for reducing spending this year. The House must hold the Administration’s feet to the fire over reducing spending to more responsible levels.
We must return to pre stimulus spending levels before folks become dependent on these new entitlements and federal stimulus contracts, before we break the proverbial piggy bank!! That means all departments and programs are fair game. The current proposed budget with $1.65 trillion deficit and no big stimulus package increases the deficit by more than 6 times Bush’s “pre stimulus check” deficit!! Are you starting to understand the enormity of this catastrophic problem? Well good, I just used “Catastrophic”, does anyone have a word for the $112 trillion dollars of un-funded liabilities that start coming due in tsunami fashion as the “baby boomers” start collecting benefits over the next couple years? By the way, that is in addition to the $14.1 trillion federal debt, which has a $46,000.00 per person tax bill attached to it. You see they call those accrued debts for pensions and Medicare etc., “un-funded liabilities”! They don’t count them as debt until the year they are coming due!
It is not theirs to spend, they swindled us over the bailouts and stimulus and now they want to pick our pockets endlessly to continue feeding their addiction. The Debt Is Too Damn High! Repeal The Pork Or Retire!!
Call your Representatives and let them know that you want to rein in spending, NOW, and to start with not raising the debt ceiling permanently, they must include spending cuts sufficient to return the limit to current levels or reduce it within several months! Ever increasing debt is not a forgone conclusion. It is the result of foregone irresponsibility. Call the Capitol Switchboard at (202)-224-3121 or (202)-225-3121 also Toll Free at (877)-762-8762 ask for your Representative by name and also call the leadership (John Boehner and Eric Cantor) and tell them: “The debt is just too damn high”!! Do Not Raise The Debt Ceiling Permanently!! Stop Talking, and Stop The Spending Now!!
Copyright 2011, Thomas J. Whitmore