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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?

“Neither party seems willing to bite the bullet and put the federal government on a reducing plan.”

It boggles my mind that you would say this ONE DAY after the House Republicans voted to cut spending by more than has been done ... um, ever ... and to get us on a path to reduce the Govt from 25% of GDP to ~18% of GDP over the next 8 years.

That’s the reducing plan!!!
Folks, it is 100% clear to me that y’all are just reacting to the liberal media and opponents’ distortions about cut, cap and balance. It is sad but true that too many Freepers shoot first and ask questions later.

I urge you to read up on what is really in the cut, cap and balance plan, learn and understand what it really does, and judge for yourself:

http://rsc.jordan.house.gov/Solutions/debtceiling.htm