Bush Seeks $245 Billion More for Wars

February 2, 2007 at 12:34 pm | Posted in American politics, Bush Administration, Debt, George W Bush, Iraq | 1 Comment

Remember the days when Paul Wolfowitz testified in front of the Senate that the Iraq war would end up paying itself? Heh, now that he has a plush job at the World Bank, we really can’t hold him accountable for that lie. Oh well. American taxpayers, wake up. You’re about to have more money put on your national credit card. Bush is seeking an additional $245,000,000,000 (that’s right BILLION) for Iraq and Afghanistan for 2007 and 2008. He’s apparently requesting, at this time that is, only $50 billion for 2009, because he assumes Iraq will be done by then. HA! Fat chance. Certainly not if a Republican gets elected as president.

So what do you think America? Should we add another $245 billion to our national debt and burden our children with this much more money to pay? Because our generation is certainly not paying for this war! You, America, you who are currently working today, you are not paying a single dime to go to fund this war. There are no tax increases to ensure we have enough to pay. This bill will be sent to your children. Do you have your children ready for that inevitable day? Remember, with interest, this $245 billion more added to the already $400 billion will be well above $1 trillion dollars. Are you preparing your children to pay for this bill? Because you are not paying for it.

How shameful of this generation!

Social Security and Medicare Reform

January 10, 2007 at 8:50 pm | Posted in American politics, Debt | 4 Comments

Robert Samuelson writes about Social Security once more. He’s written numerous times about this topic, but this time he lays it out like it is. The baby boomer generation is a selfish generation (and I believe history will not look kindly upon this generation when the dust settles—who knows what history will say about my generation). There are so many ways that this generation wants all the comforts of life at the expense of, well, anyone but themselves.

As someone born in late 1945, I say this to the 76 million or so subsequent baby boomers and particularly to Bill Clinton and George W. Bush, our generation’s leading politicians: Shame on us. We are trying to rob our children and grandchildren, putting the country’s future at risk in the process. On one of the great issues of our time, the social and economic costs of our retirement, we have adopted a policy of selfish silence.

As Congress reconvenes, pledges of “fiscal responsibility” abound. Let me boldly predict: On retirement spending, this Congress will do nothing, just as previous Congresses have done nothing. Nancy Pelosi promises to “build a better future for all of America’s children.” If she were serious, she would back cuts in Social Security and Medicare. President Bush calls “entitlement spending” the central budget problem. If he were serious, he, too, would propose cuts in Social Security and Medicare.

Can any politician be able to sell himself to the public on the principles of actually asking Americans to make such sacrifices as they need to make? No, and not because of the politician, but because of the population. Are Americans really ready to make the sacrifices they need to make?

Before I got married, I lived an expensive life, buying this and that, not necessarily concerned because, well, I would be able to pay it off someday. At least, that’s the selling point. Now that I’m married and have a little baby girl, the taxman hath come. I’ve got bills to pay from my high-flying days. I could continue accruing more debt. That’s one way to live. But then I sell out more of my future, because that taxman will come eventually, even if we but delay him. The more we delay him, the more we will have to pay him. We’re cutting out many expenses in our lives that we used to enjoy, because we choose to live free.

The more debt America accrues, the less free it becomes. I don’t know what the best answer is on Social Security and Medicare, but we must change course. Either we cut the programs or we fund them more. On the one hand, we lower benefits for seniors, on the other we raise taxes on workers. Which is the best option? That will be for the public to decide. But either way, our time of high flying free spending is soon coming to a close, and the American public must be ready for the taxman who will inexorably visit their doorstep.

A Disastrous Financial Course

October 30, 2006 at 5:08 pm | Posted in America, American politics, Debt, Democracy, Democrats, Pennsylvania | 2 Comments

The Government Accountability Office chief warns of impending financial disaster in our nation’s fiscal and financial future. The whole article is an excellent read. We’ve got a serious problem on our hands here in America, one that has to be dealt with now. The answers and solutions to this major problem are painful and will require a sacrifice. Are Americans willing to sacrifice? You’d think so, but are politicians, the ones creating laws to solve problems willing to go on the record asking for painful solutions, or are they weak-kneed and prefer to sugar-coat fluff back at their constituents? Republicans have had six years to do something about the national debt. What have they done? Absolutely nothing. In fact, they have added to it. They reduce taxes (which is fine and dandy), but then do not counter the loss of income with a reduction in services. In fact, pork barrels have increased since 2000.

Will Democrats solve this problem? I don’t know. As a Democrat, I will push for my new Democratic representatives (Chris Carney in my House district, and Sen. Bob Casey as Senator), to do all they can to make Americans today pay down their debt, and not pass it along to our children. I want my children to not have to pay for our debts. It is not a burden we must lay on them. If we do, our generation will go down in history as one of the worst—a self-serving, me-me-me generation lacking all sense of accountability and responsibility.

Reducing taxes without the accompanying reduction in services does nothing to make a government smaller; it only makes it go further in the red, and ironically, tax our children at a far greater rate than what we are taxed today. Is this really sound policy?

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