Ron Paul has a point. The Tea Party is blamed for not compromising. Well, the Cut, Cap, and Balance bill is a Kick-the-Can-Down-the-Road compromise. Since the Tea Party SEEMS to be supporting the Cut, Cap, and Balance plan, then they are compromising, with more political warfare to come to someday FINALLY fix our problematic financial problems at the national level.
However, I personally do not believe in the RINO / CINO / DINO Gang of Six plan to increase spending and raise taxes on small business owners.
Sooner or later, something has got to give, and it better be the Democrats, or I’m going to punish the GOP for surrending by not voting for them in 2012.
Your comments are well taken.
Unfortunately, the way politics is conducted these days, neither party understands punishment. They only understand winning and losing, and when they lose—as Republicans did in 2008 with McCain—they try to lick their wounds by blaming their loss on external forces, e.g., the sick economy, media bias, George Soros, you name it.
Republicans ran up the deficit all during the Bush years and were warned time and again that the country cannot keep on that track forever, that when tax revenues fall and/or interest rates rise there will be hell to pay. Democrats of course have been even more reckless in spending that which the government doesn’t have, and their solution, as always, is to raise taxes to pay the bills.
Neither party seems willing to bite the bullet and put the federal government on a reducing plan. They are each hoping to kick the can down the road a bit further before anything serious has to be done. But the road they’re on ends, as you know, in national bankruptcy. Better to face the music now while things are manageable than watch the republic crumble under a crushing debt load, wouldn’t you think?
“Well, the Cut, Cap, and Balance bill is a Kick-the-Can-Down-the-Road compromise.”
It doesnt kick any can down the road, it sets on a whole new path.... Getting Government down to 18% of GDP is sustainable. Obama’s 25% of GDP consumption is a path to bankruptcy.
You cannot get from here (25%) to there (18%) in an instant. It will take 7 years. But going in a new direction NOW, but cutting by several hundred billion this year, is a realistic solution that gets us down the right path NOW.
It took us years to get into this hole and it will take years to climb out.