Winky Gets His Win
posted at 1:48 pm on January 2, 2013 by Duane Patterson
He won. Elections have consequences. If you are a person of means, you currently are a man, or woman, without a home. You have no representation. Neither political party demonstrated that you have value to the American ideal other than that of being a source of income the government can confiscate in larger quantities. The Republicans used to fight for job creators. Now, they capitulate. So what has the deal brought us?
The national defense apparatus, facing a trillion dollars of cuts over the next decade as part of the sequestration, is still facing it. Instead of it taking place now, it’s now in a two month governmentally-induced coma awaiting its fate in March.
Entitlement reform? A wink and a promise, one that no rational person in America expects to be kept.
Other federal spending reform? Same wink, same promise. Nancy Pelosi says all the cuts have been made already, and that there’s nothing left to cut.
Barring another can kicking session in two months when the next cliff arrives, we will conservatively (is that still a word that has any definition?) spend $4 trillion dollars more than we take in over the next decade. That’s not including what actually costs are realized when the full width and breadth of Obamacare is implemented, and the rest of the administration’s EPA regulations kick in.
And just because we’ve done nothing to reform the tens of trillions of dollars that’s going to hit the economy like a ticking time bomb when all of the Boomers hit retirement age, it doesn’t mean the math and actuarial tables aren’t right.
By the time Barack Obama retires to Hawaii permanently in 2017, this country is on track to be in debt by a sum that’s greater than most countries on Earth are worth.
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