In his latest press conference, President Obama set out to demonize Conservatives, accusing them of wanting to default on the national debt, hurt children, veterans and those depending on Medicare. He claims that the aforesaid issues must be Republican wishes unless the Republicans in Congress permit him to raise the debt ceiling without spending cuts. Isn't it time for us to raise a skeptical eyebrow, listen critically and question both his motives and his solutions? Just because he asserts an idea doesn't mean it's true. If those on Medicare are especially vulnerable, in his opinion, he could easily restore the money to the program which the Democrats removed as part of Obamacare.
The present administration, abetted by the mainstream media, is adept not only at "playing chicken" against Conservatives in Congress but at repeatedly publicizing illogical and nonsensical threats to our well being much the way Chicken Little convinced the barnyard animals that the sky was falling.
Let's consider the projected "nasty fight" between Congress and President Obama regarding an increase in the debt ceiling. While the President's insistence that the country pay its bills is accurate, the accusation that Congress incurred these bills is not. Under many administrations, we failed to live in a fiscally responsible manner. President Obama's neverending overspending has only exacerbated the problem.
Let's now look at our pay stubs. Has the government stopped taking taxes out of each paycheck? No! How do they use this money? They should apply it to financing the costs of running the government, and fulfilling the national responsibility of security in the form of a prepared and efficient military as well as consistent and regular trade among the states. Should we, as a nation and through our representatives, decide to freeze the debt limit, we still will have adequate funds to keep the government solvent. Without an increase in the debt ceiling, President Obama and the Democrats will have the option of choosing those programs they wish to continue and those they wish to cut. In this writer's opinion, they will choose the ones likely to incur the most dramatic negative consequences for the populace. These probably include, but are not limited to, Social Security checks, Medicare funds, and pay for our troops. Democratic advisors have told the President to "never let a crisis go to waste." He will create one and try to blame the Conservatives in Congress for the problem. Nonetheless, his choices will be the ones that affect us, and he should have the responsibility to bear.
Which consequences lie in store for us if unfettered spending continues? According to George Melleon in the Wall Street Journal, government borrowing costs will rise, resulting in ever-greater difficulty to control the debt. The government will then print money, causing inflation that will dramatically impact first those on a fixed income and eventually all the American people.
Recently a YouTube video showed the anguish a child exhibited when his mother convinced him that he had accidentally purchased a $50,000 car via the internet. He clearly understood the magnitude of the problem. The national debt and resulting deficit, however, is not a prank for us and for future generations of Americans. We may not now be able to see or comprehend the magnitude of this problem, but left unheeded it will transform all of us into Les Misérables.