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A drunkard criticizing another drunkard for being a drunkard

March 8, 2009

A friend forwarded a Michael Ramirez cartoon that I thought was very funny, in a sad kind of way. The cartoon features a man standing at a window in the unemployment office. The clerk inquires, “You worked for the government?” The man replies, “I was in charge of fiscal responsibility.”

Although funny on the surface, it sadly portrays our national debt as something that just recently appeared since the advent of the Democrat Party’s trifecta in November. I am sure that even the most loyal Republican would admit that the GOP does not have an exemplary record when it comes to living within their means. History shows that good old bipartisanship led the way to fiscal irresponsibility of a catastrophic nature.

The sad truth is that fiscal responsibility was only present in the capital for a brief period in 1835. That is when one of my personal heroes, President Andrew Jackson, paid off the national debt and threw out the central bank. I think the last time an economic event of that magnitude occurred was when Jesus drove the moneychangers out of the temple.

Some people would have you believe that the only times we have ever experienced a recession is when Republicans cut taxes, and that the economy only increases as the wealthy are taxed at a higher rate. Apparently, there are some who truly believe that we can tax and spend our way to prosperity. Nothing could be farther from the truth.

Our government’s lack of a viable monetary policy drives bubbles and busts. It is not tax cuts that cause our national debt to grow. Our government’s continuous over spending causes the national debt to grow. Can a heroin addict ever get straight by injecting ever more heroin?

Take a look at all the cities and states that require a federal bailout. Those state and local governments now risk the loss of police, fire and sanitation services. Yet, rather than cutting spending or increasing tax rates, they ask the federal government to increase the tax liability of every taxpayer across the country to cover their fiscal irresponsibility.

Where does the federal government go when they can no longer borrow money to maintain the current rate of gluttonous spending? You can only “tax the rich” so long as there are “rich” to tax. Once we have completely leveled the economic playing field, what do we do? The only option then will be a massive tax increase on all workers, regardless of wages.

Last year, we the people paid over $450,000,000,000.00 in interest payments on our national debt. The amount we pay this year will skyrocket to at least $600,000,000,000.00 and still our elected “representatives” keep spending; spending in a manner reminiscent of Nero fiddling while all of Rome burns.

Let me try to put this in a more easily understood context. When a parent dies with unpaid debts, the children are not responsible for those debts unless they foolishly agree to pay them. With our national debt, as parents pass away, the children inherit the debt and it must be paid. Is that really the legacy you envisioned for your children, economic slavery?

If we do somehow manage to recover from the current economic malaise, it will not be because we increased the national debt by more than $2,000,000,000.00 this year. It will not be because we socialized health care. It will not be because we spent $325,000,000.00 to educate people on how to stop the spread of sexually transmitted diseases. Economic recovery will not come from any of wasteful pet projects funded by what little remains of the wealth of the people.

The only true recovery is in our hands, we, the people. The time for a new revolution is upon us. Unlike some other voices in the wilderness, the revolution I speak of is accomplished at the polling places. We must take our country back and re-establish our constitutional republic, not by force, but by reason.

Until next time,
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One Comment leave one →
  1. dennyadams permalink
    March 23, 2009 7:59 pm

    Well done!

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