Tuesday, December 01, 2009

Fiscal Fiscal Fiscal


Welcome to December. Taking my morning constitutional walk, the ground had a crunchy freeze on it. The damp areas of the yard were firm with ice. Now we take on the serious holidays.

By the way, someone came by my neighbor's yard and heisted about 65% of the willow limb pieces. They must have done it in the wee hours and in the dark.

Essentially the government is busted, broke, and with empty pockets protruding.

Whether we like it or nor, we are on a crazy roller coaster insolvency ride.

I imagine the compulsive government accountant, with an intravenous tums drip. The debt anxiety must be debilitating. Somehow we feel like we are free of that debt, that it the other guy's problem.

I personally have always favored slashing the military budget. Call it like it is, Sande is weak on defense. How many nuclear bombs does a country really need? I'm thinking one or two should do the trick.

McClatchy: Rising debt could derail Congress on just about everything
The national debt is $12.1 trillion and Congress must vote soon to let it go higher or else the Treasury won't be able to issue new debt. President Barack Obama is expected to announce Tuesday a plan to send an additional 30,000 to 35,000 American troops to Afghanistan, which will require more spending.

"We're not going to be able to raise taxes; the president has all but taken that off the table," she said. "Social Security would be very tough to take on, and defense spending is going up, not down."

3 comments:

Glynn Kalara said...

Debt is only an issue when the Dems. are in power. The media doesn't care or didn't care that BV$H, Reagan and BV$H's dad busted the budget hugely when in office. Its a game deficits only matter for democrats because well they want to spend on people not on Defense Corps. and Oil companies.

Jim Sande said...

"Debt is only an issue when the Dems are in power"

Excellent point, so very true. Why is it that military spending is not regarded as another entitlement, and the same goes for corporate welfare. How has the issue been so framed that these two things are positive and not part of any budget consideration.

Glynn Kalara said...

"How has the issue been so framed that these two things are positive and not part of any budget consideration." Precisely how is it? The right has staked a claim to the funding of the Gov't and basically feels it can say what is a legitimate function and should be funded what isn't. Health care is being framed by them the same way, thats why they are so opposed to any notion of a Public Option. Defense / courts are seen by them as the only real legitimate functions everything else is considered optional.