Don’t you wish you had the power of a politician and could spend other people’s money without worrying about it? Imagine spending into debt without any concern about where the money to cover all that spending was going to come from. A no-conscience credit card that you never had to pay back. Someone else will but that’s in the future and in the mean time – spend.
Don’t you wish your own personal finances had a “debt ceiling” that wasn’t “ceiling” at all but an elevator that never reached the top? Don’t you wish there was no end to the ways you could foolishly spend without worrying about the debt that you were piling up? Best of all it’s not your money so you don’t have to be there at the end when the bill comes due. That is being pushed into the future for our children and Grandchildren to pay. Is that anything more reprehensible than that?
Our government has been playing chicken with our money, our financial security and any chance at paying what we owe in 2 lifetimes. They have been doing it for many years.
It was bad enough when Dems spent money with both hands but now the GOP has joined in the fun and we are financially doomed. I don’t see a chance that enough fiscal conservatives will ever be elected to change anything until the big crash comes. And it is coming, it’s just a matter of when.
Paul Ryan was once a Fiscal Conservative Warrior. Warrior no more. For him there is less excuse than for all the other dim bulb spendthrifts in congress because he knows better. Many couldn’t balance a checkbook let alone a national budget. Ryan could and chose to get on the spending train and help them spend some more. Voters after all want fiscal conservatism only if it doesn’t take away any of their perks.
All these spenders seem to have completely forgotten about the housing boom and then bust back in 2008. They don’t seem to remember all the spending they did in an attempt to “fix” the problem that they had caused in the first place. Politicians don’t ever seem to see any solution to any problem that doesn’t require throwing money at it. Usually good money after bad. Money we don’t have. Insanity.
Remember TARP? That would be the Troubled Asset Relief Program. Don’t you just love all the fancy names these thieves give to various programs? Programs that spend some more to fix the mess they made with the spending that went before? The big spenders in 2008/2009 and beyond spent money at a frenzied pace in an attempt to rescue the financial markets from their own mismanagement.
Spending reached in the neighborhood of 1 trillion dollars. An oversight panel later judged that $350 billion of the TARP funds cannot be adequately accounted for. Oh well, what’s a trifle like $350 billion dollars of taxpayer money?
The Race to the Moon cost less than that. It cost $36.4 billion in 1969 which would be $237 billion in today’s money. It was a bargain and we got our money’s worth. Have we ever gotten our money’s worth since?
We taxpayers often complain about how casually the government treats the money they take from us. For most of us these are hard earned dollars that we wouldn’t resent giving if there was someone doing the taking who was careful with that money. These clowns are not only careless with our money, they are usually unapologetic about it.
They know that the money they give to those who haven’t contributed to the money pot will vote for them because of the giveaways. The number of people that contribute nothing and yet get something from the government is constantly rising. Yet government has no money – they only have what they take from us. We should never lose sight of that.
Our problem is, and always has been that we are perfectly willing to gore someone else’s ox but are not at all in favor of that should the ox be our own wants and wishes. Human nature being what it is greed is a powerful motive and politicians count on that. Isn’t it sad how often we live up to their low expectations. Thus the big spenders win. Again.