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Are Conservatards Fiscally “Conservative”? Perhaps, but Not With Our Money!

October 30, 2006

You don’t have to be a rocket scientist to understand that if you spend more money than you can take in, you are headed for trouble. Ever since the Conservatard in Chief stole the oval office, the President and his rubber stamp “conservative” congress have gone on a spending spree that put the Reagan presidency to shame.

Buried among the sex scandals, illegal wars, degradation of the constitution and general Republican skulduggery the truth about their fiscal actions sees the light of day. The Comptroller General of the United States has somehow been courageous enough to point out exactly how fiscally foolish the conservatards have been.Give the Debt to the Children!

An article on the ABC news page called GAO Chief Warns Economic Disaster Looms, reports on Comptroller General David M. Walker speaking on his Fiscal Wake-Up Tour“. The name of the tour alone should be enough to shake most Americans out of their conservatard induced slumber.

What they [the politicians] don’t talk about is a dirty little secret everyone in Washington knows, or at least should. The vast majority of economists and budget analysts agree: The ship of state is on a disastrous course, and will founder on the reefs of economic disaster if nothing is done to correct it.

…Their basic message is this: If the United States government conducts business as usual over the next few decades, a national debt that is already $8.5 trillion could reach $46 trillion or more, adjusted for inflation. That’s almost as much as the total net worth of every person in America Bill Gates, Warren Buffett and those Google guys included.

A hole that big could paralyze the U.S. economy; according to some projections, just the interest payments on a debt that big would be as much as all the taxes the government collects today.

And every year that nothing is done about it, Walker says, the problem grows by $2 trillion to $3 trillion.

…Why is America so fiscally unprepared for the next century? Like many of its citizens, the United States has spent the last few years racking up debt instead of saving for the future. Foreign lenders primarily the central banks of China, Japan and other big U.S. trading partners have been eager to lend the government money at low interest rates, making the current $8.5-trillion deficit about as painful as a big balance on a zero-percent credit card.

In her part of the fiscal wake-up tour presentation, Rogers tries to explain why that’s a bad thing. For one thing, even when rates are low a bigger deficit means a greater portion of each tax dollar goes to interest payments rather than useful programs. And because foreigners now hold so much of the federal government’s debt, those interest payments increasingly go overseas rather than to U.S. investors.

You’d think young people would be riled up over this issue, since they’re the ones who will foot the bill when they’re out in the working world. But students take more interest in issues like the Iraq war and gay marriage than the federal government’s finances, says Emma Vernon, a member of the University of Texas Young Democrats.

“It’s not something that can fire people up,” she says.

The current political climate doesn’t help. Washington tends to keep its fiscal house in better order when one party controls Congress and the other is in the White House, says Sawhill.

It’s kind of a paradoxical result. Your commonsense logic would tell you if one party is in control of everything they should be able to take action,” Sawhill says.

…But the last six years of Republican rule have produced tax cuts, record spending increases and a Medicare prescription drug plan that has been widely criticized as fiscally unsound. When President Clinton faced a Republican Congress during the 1990s, spending limits and other legislative tools helped produce a surplus.

So maybe a solution is at hand.

“We’re likely to have at least partially divided government again,” Sawhill said, referring to predictions that the Democrats will capture the House, and possibly the Senate, in next month’s elections.

Matt Crenson, AP National Writer

Mr. Conservatard partially agrees with Sawhill’s statement “Your commonsense logic would tell you if one party is in control of everything they should be able to take action. Sawhill’s statements would be true if the “one party” in question gave a rat’s fanny about the average American. Mr. C. believes that actions speak louder than the words. And the actions of the conservatards indicate that the only people they care about are the wealthiest 5 to 10 % of the population.

For five years now the executive branch has been constantly terrorizing its own citizens and the world with new and more terrible “Islamofascist” enemies. Five years of “War on Terror” without end and no oversight by congress. Five years of massive unbudgeted borrowing for the “War on Terror”. And finally, Six years of tax cuts for the extremely wealthy, the oil industry and anybody else that help fill their conservatard pockets.

Like a ray of sunlight after a thunder storm, America may yet have a hope. America has the hope to return fiscal and moral balance to our nation. To ensure that hope America has to remove the “one party rule” of America. The chance to enact that hope lies in the hands of every American voter.

Mr. Conservatard urges every American, who cares about correcting the dangerous course that America is headed on, to vote the conservatards out of the majority. Americans have the power in our hands this November 7th to bring hope back to our nation. America can’t afford to allow conservatard Republicans to waste our money or our future for another year.

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