Likewise to you.
To put it bluntly, we don’t have time.
Yes we do. It would be even more catastrophic to make all the cuts now. Right now our debt is about 90% of our GDP.
If we do not substantially cut the budget NOW and freeze the debt ceiling, but instead raise the debt ceiling while putting off budget cuts to the future, our bond ratings will go in the toilet and the dollar as global reserve currency is rescinded.
I haven't seen the final plan, but I'm confident there are cuts this year and next. The only thing that will save our bond rating is a plan. The fed is the one destroying the dollar and creating the push for it's end as the global reserve currency, not the Congress.
This is what BHO2 wants so he can establish a Marxist government in the ruins of what once was the U.S.A.
It won't happen. One, our military will step in first. Second, what we are seeing is the last gasps of a dead political philosophy, socialism.
From day one I've thought of this as Carter's second term. Saw an artice recently that speculated Oblama was more Gorbachev than Carter...fighting to stave off collapse of a corrupt system.