Even with the ridiculously optimistic economic assumptions that are used in Obama’s new budget, the federal budget is never projected to balance within the next decade. Instead, Obama’s budget projects that the national debt will rise from 18.1 trillion dollars right now to 26.2 trillion dollars in 2025.I wanted to title this entry "Deliberate destruction or monumental stupidity" but couldn't bring myself to suggest a possibility of Treason Class goodwill.Of course it would greatly help if the federal government actually spent our money wisely. But instead, the feds often waste our hard-earned tax dollars in some of the most bizarre ways imaginable. The following is just one example…
The U.S. federal government has prompted controversy after spending over $33,000 on a study to find out whether same-sex couples live closer to tobacco shops than heterosexuals.The large sum was spent on a study by the National Institutes of Health entitled, ‘Relationship Between Tobacco Retailer Density and Sexual Minority Couples.’Thanks to this kind of insane spending, our debt is completely and totally out of control.
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If something were to happen which would cause the rest of the planet to either be unwilling or unable to lend us trillions of dollars at ridiculously low interest rates all of a sudden, the game would be over.
We were handed the keys to the greatest and most prosperous economy in the history of the planet, and our greed has totally wrecked it.
We were wealthy beyond imagination, but that was never good enough for us. We always had to have more.
And now we are hurtling toward financial oblivion, and we have a man in the White House that wants us to go into debt even faster.[1]
As Holmes would say, once you eliminate the impossible notion that the leaders could be this stupid -- that they can not see the horrifying turn of the chart of the federal debt straight up into Jack and the Beanstalk territory – you are left with the conclusion of malevolent action, however improbable that may be.
Contrary to what Mr. Snyder says, I don't think even greed is by itself an adequate explanation. I think it's deliberate destruction for, as the legal maxim goes, we are presumed to intend the natural consequences of our acts. Greed figures in there -- greed for money and power -- but it's joined at the hip with malevolence.
No WAY can anyone who votes for one of those appropriation bills, especially with the kind of nonsense in them such as the example cited above, NOT know what he is doing to the Nation down the road.
Notes
[1] "Barack Obama Says That What America Really Needs Is Lots More Debt." By Michael Snyder, The Economic Collapse, 2/2/15.
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