America's Fiscal Challenge is a Matter of Arithmetic

bipartisan policy center ^ | 9/19/12 | Loren Adler and Brian Collins

[Typical_Whitey]

When Admiral Michael Mullen was chairman of the Joint Chiefs of Staff, a reporter asked him to name the most significant threat to U.S. national security. His response? Our debt. On Monday, speaking to a panel of former members of Congress, Admiral Mullen elaborated on the dire implications of America’s fiscal path to our national security:

“A nation with our current levels of unsustainable debt, being this far out of fiscal balance, cannot hope to sustain for very long its superiority from a military perspective, or its influence in world affairs. That was not intended as a partisan statement then, and it has no partisan meaning now. I was using our growing and unsustainable debt as shorthand for the abundant disorder in our fiscal house, brought upon us, by ourselves, by our own doing. While much has been said since then, little has changed. In fact, I would argue that the mere passage of time, combined with a lack of solutions in the interim, has compounded the problem, as our debt increases seemingly exponentially, and solutions that require compromise seem a figment of the imagination.”

[Typical_Whitey]

The out of control Obama debt largely ignorned by the Lame Stream Media needs to be shoved down Obama's throat.

[blam]

The Trouble with Printing Money, QE3 Reflects Colossal Failure to Address Our Predicament

"This is why I view all of the QE efforts to date, and those that will certainly follow, not only with suspicion but as a series of unforgivably narrowly-conceived efforts that will combine into one of the most colossal failures ever experienced by modern man."

[NeverForgetBataan]

Pay very close attention to ANY comments that the Joint Chiefs
make about U.S. fiscal policy.

We might have a “tradition” of military subservience to
civilian politicians, but you might live to see that end in
your lifetime.

When things get so upside down in this country that chaos
ensues (SHTF), I fully expect to see one of the Joint Chiefs
taking over for the sake of the Union.

[Scooter100]

Even if they completely eliminated ALL government departments and operations, but kept tax revenues the same....it would still not cover the entitlement spending....they would still have to borrow billions every year. It's math, not politics. Did you catch his phrase, "...seemingly exponentially"?

Blessent mon coeur d’une langueur monotone.