Monday, July 18, 2011

The Blame Game

Today, I heard a  party strategist for the current politburo defend the President's position on the debt crisis. Funny that in the 5 minutes of discussion the only specific idea he attributed to the President was "tax those who make above $250K."  The rest of his comments amounted to a list of who to blame. He blamed the Bush tax cuts. Steee-rike one.  He blamed the Republicans in the House. Stee-rike two. Then he had the audacity to indict the Tea Party as being responsible if congress and the President can't resolve the impasse. I hear a Steee-rike three!"

I think most of us are tired of the blame game, and looking for some answers to the crisis, and believe me, we are facing a real financial crisis.  Don't take my word for it. Do some homework. Here are some keywords to assist you: Obama Debt Crisis, S&P downgrades US debt outlook, Moody's Investors Service.

If we don't do something about the current level of spending in D.C. WE WILL suffer immediate as well as long-term consequences. We can very well expect hyper-inflation, higher interest rates, higher taxes, much higher gas prices, fewer public services, the bankruptcy of Social Security, Mediare, and Medicade ... not to mention unemployment to rival the Great Depression. So back to the President's plan to get our economy back on the road to recovery.  Find me an economist that believes that our crisis can be solved by taxing those who make  more than $250K, and repealing the Bush Tax cuts, and I'll show you an economist that is on the payroll of the DNC.

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