[kabar]

I share many of your concerns about Reps just wanting to make the welfare state run more cheaply and efficiently and not roll it back. The problem is whether the American people and the culture of dependency that most embrace can accept the real austerity measures that will be necessary to get our economy back on track. Anyone who thinks that this can be done painlessly thru some changes in our tax code doesn't understand the magnitude and substance of the problem.

Unless entitlements are reformed significantly, the entire house of cards built on the welfare state will collapse. Does the political will exist to make the necessary changes or will it take a debt crisis to force the political class to act regardless of public opinion?

[Son House]

Your graphs show the Austerity Measures are coming as Democrats can only offer that illusion it can’t happen here by not facing having to pass a budget.

http://www.investopedia.com/terms/a/austerity.asp#axzz1rT7cS8RS
Definition of ‘Austerity’
A state of reduced spending and increased frugality in the financial sector. Austerity measures generally refer to the measures taken by governments to reduce expenditures in an attempt to shrink their growing budget deficits.

[rodguy911]

What drives our debt is obama in a volt being pulled by the 1% in a Rolls Royce.

[rodguy911]

Our reps have it so easy.All we do is state and restate 180 billion per month in and 300 billion out. Even the dumbest of the dumb can get it.

[rodguy911]

I don’t know if I am allowed to link to this website or not but I just couldn’t help myself! It was such a blockbuster for me! 88 million stopped looking for work under the ozero adm.Unparalleled.

http://theulstermanreport.com/2012/04/06/88-million-economic-casualties-under-barack-obama/

[rodguy911]

This is far better than the earlier thread I referenced.Hard to imagine 88 million not working,I wonder why we don’t use this figure more?

http://www.freerepublic.com/focus/f-bloggers/2869610/posts