Letter: Wake up, people! We are functionally bankrupt
To the editor:
Yes, If we were a business we would be bankrupt. With budget deficits of $1.5 trillion per year for the next 10 years (at least the last time the Democrats prepared a budget) and $14.6 trillion in debt, plus another $114 trillion in unfunded liabilities for Social Security, Medicare and prescription drug benefits. Yes, you read that correctly, six times our entire economy.
We watch daily the Congressional Kabuki dance going on over raising the debt limit. The left is incensed, claiming racism, that the Republicans would put any conditions on raising the debt. The Republicans are at least trying to address an out of control problem (yes, that they, as a party, helped create over the years), but someone has to stand up and put a plan on the table, and so far, only the Republicans have done so. The Democrats in Congress have been happy to demagogue the issue, with Harry Reid admitting that "it would be foolish to pass a budget now." Our president is reduced to doing that one thing at which he appears to excel, making speeches. He has presented no specifics, and when asked by a reporter to name one program he would cut, he was unable to do so.
It is time for the American people to wake up and smell the cesspool backing up in Washington. The spending of our grandkids' money has to stop.
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