Christian Democrats in the United States

Domestic Issues - National Debt

We are gradually enslaving our descendents toward inevitable tax hikes for debt service, unless we strike a meteor gold rush some day soon. Painful as they may be, we must adopt policies that require us to pay as we go, and have minimum set-asides for payment of interest and principal. History shows that getting our act together results in a stronger economy. We must reign in our out-of-control high-tech military budget without sacrificing basic troop necessities like body armor and armored vehicles. We should also set maximum borrowing caps against the slope of long-term GDP trend under any circumstance, even war, or we will sell ourselves out to foreign creditors at a vulnerable time.

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Wednesday, December 16, 2009 8:23 AM

1.1 trillion dollars we don't have

Russia and China - and Iran, a tiny podunk country in the middle of nowhere - are using our cold war economic strategy against us.

We are so paranoid over Islamic terrorists and a few Iranian missiles that we're spending ourselves into bankruptcy.

When our finances collapse they won't need nukes or any weapons at all to declare victory over America.

And our finances will collapse, because the "stimulus" is not creating the manufacturing and home industry jobs needed to compete with people overseas.

Instead we expect to get rich quick, deluded as we are by a half century of cold war spending and economic/military dominance of oil supplies. People from the top to the bottom of America's economy expect to be handed success on a silver platter, as if President Obama and Congress can simply wave their hands and revitalize the economy.

Of course, those at the bottom who work non-stop to feed their kids find themselves with little to show for it - half our income goes down the drain to pay rent, or we're stuck in impossible mortgages and foreclosure.

Meanwhile, President Obama and Congress - Democrat and Republican - are stuck on the idea that "you've got to spend money to make money."

(The difference between the Republicans and Democrats is, the Republicans just want to line their pockets directly through their personal corporate and defense industry holdings, without even attempting a semblance of government... more money for them, they think, and they act like they're trying to "protect" you - and people buy their b.s. hook line and sinker.)

The only way that borrowing money can create jobs is to spend on public works projects that employ huge numbers of people and enable new emerging economies that we cannot yet conceive: projects on the scale of the Northwest Aqueduct, to bring water from the Columbia River to Nevada and California.

If we continue to let ourselves be duped by China, Russia and the Islamic countries into fighting their wars, we will go broke, and soon. China can simply decide to stop buying federal T-bills at any time. We can't lie our way out of it.

If we're going to spend this much money on our budget this year, healthcare is good, education is good - but not if that money just goes down the drain like it did with the Wall St. stimulus.

This should be obvious to anyone who has ever had trouble paying a credit card bill. Unfortunately, the rich jerks in Congress have never had that trouble personally. Therefore, we have to fire them - Democrats and Republicans alike. Neither party gets it. Neither party understands what Americans are going through trying to make ends meet. They are so busy "partying" on your dollar that they're totally disconnected from your struggle.

Islamic countries want that disconnection. They want to divide us, to divide the rich from the poor. They want to use that as a way to promote Islam, converting the disenfranchised minorities and the angry poor. Congress is letting them do that by not acting to create jobs.

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