"Both parties acknowledge this, yet they refuse to do anything about it,
other than blame the people on the other side of the aisle in order to score
cheap political points."Exactly correct. But, it is not just
the parties. It is also the partisan people.
I hope they are not suggesting we become a Communist China-ized World. That
would NOT be good for anybody who likes individual freedom or self rule.
...despite knowing that solutions are easier to enact now....... Just what are these easy solutions? I don't see them.
W. Bush doubled the debt. Reagan tripled the debt.
You cannot say either about Obama in his 2nd term. Iraq war cost us
$4 trillion dollars. The 42 attempts to defund the ACA cost us $50 million.
Government shutdown? $24 billion. If my main concern was the debt?
History shows I should vote Democrat.
happy2bhere,Not easy, but easier.The reality is that
when Social Security was "fixed" in the Reagan years we could have made
the fix permanent if we had instituted a true lock box (like a sovereign wealth
fund) with Social Security coming out of the general fund. Now, those excess
funds have been spent on both programs and lower tax rates (essentially Social
Security has been help fund the budget). Now, the options are fewer. And it 10
years, they will be fewer still.Few financial problems get better by
just waiting and seeing what happens. Once we know there is a problem, acting
swiftly is usually best. Because our options diminish with each passing day.
"Just what are these easy solutions? I don't see them."Probably poor wording. Seeing the solutions is fairly easy, but the solutions
will be painful.SolutionsTweak Social Security. There
are a number of options. Probably our easiest challengeMedicare/Medicaid
- involves stopping the rapidly escalating costs. Healthcare needs fixing. A smart businessman could do wonders if politics was not
involved We need a slow and steady reduction in
benefitsMilitary - We must make large cuts and force our military to
prioritize. This would AGAIN involve getting politics out of
the wayTaxes - In conjunction with the spending cuts above, Tax
increases are a must. That is clear to anyone who studies the
issue without political slants.So, Knowing the solutions are easy,
but the solutions themselves will involve pain. There is absolutely no other
way. Ever $ cut will affect someone. Every tax$ will affect someone.And the sooner we do these things, the less painful they will be.
Pagan,You really believe your post today (claiming Reagan and Bush
increased our debt more than Obama).Well... maybe if you totally
ignore Obama's first term, and only count his 2nd term (which isn't
even half over yet).Comparing only a selected 2 years of Obama
spending with 8 years of Bush spending and 8 years of Reagan spending... not
intellectually honest.You really need to squint hard and be
carefully blind to what you WILL count, and what you WON'T count during the
Obama Administration to claim that Obama hasn't put us into more debt than
all the Presidents of the United States combined. I really wouldn't go
there if I were an Obama supporter.This is verbatum from FactCheck
dot org..."There's no sugar-coating it, as some supporters of
President Obama have tried to do ... the debt has increased more under Obama
than under all previous 43 presidents combined".Hows that for
reality?And we don't know how much Obama will spend... he still
has 2 years to add to his record spending!Spending and debt are
about the only places Obama looses. I'd avoid that one if I were you.
I guess the D-News editorial board assumed no one would google the actual
article from China's news agency.The article calls the US out
for hypocrisy - proclaiming ourselves agents of freedom and liberty while
torturing prisoners, using drones to kill people, spying on people all over the
world, generally meddling in the affairs of other nations and waging wars based
on outright lies. No where does it mention entitlements.The biggest
criticism in the article is the way in which US political dysfunction threatens
to destabilize the world. Republicans argued for and got a government shut
down, and flirted with disaster over the debt ceiling. The political antics
that created that situation are dangerous. The article argues the US is
engulfed in rising political turmoil which threatens the world's stability
and that situation should not be permitted to continue.To summarize
the article from China's news agency says, "Live up to your professed
ideals, deal with your political dysfunction or force the rest of the world to
act in concert to reduce your ability to harm us."
"Both parties acknowledge this, yet they refuse to do anything about
it,"Democrats are... it's not their fault Republicans
refuse to compromise and continuously threaten shutdowns and defaults just to
try and get their way. They say uncertainty is holding back the economy... the
Republican party and in particular the Tea Party movement, is the source of the
Re: "it's not their fault Republicans refuse to compromise and
continuously threaten shutdowns"... atl134One time in two terms
as President it's been shutdown and it's "CONTINUOUSLY"
threatening shutdowns?Compare that with Democrats in Congress
actually shutting down the government 3 times in ONE YEAR when Reagan was
President. That's not threatening, but actually shutting it down.Or Compare with the Democrats in Congress who shutdown the government 3 times
in one year in a hissy-fit over the government refusing to pay for abortions
(during the Carter admin).Kinda makes the weeping about how poorly
Obama's been treated seem a little disingenuous... don't ya think?
The handwriting on the wall seems to be telling smart Americans and the world in
general that the American experiment has failed and is coming to an end. The
indicators are:1.The American government has been moving away from
the people and into the hands of special interests. Now the forces of
government are taking back the rights and freedoms of the people by reducing the
protections for people. 2.The weakness of the nation government has
given rise of competing governments wishing to throw off the yoke of national
government. 3.Business is changing their agenda from continue
forever to grab the money and run. The history of the world shows
that when a government fails from internal pressure it is because of commercial
corruption in its government. These are becoming more evident in the American
"Unless changes are made, the demographics driving Social Security,
Medicare, and Medicaid will drive the nation into bankruptcy. " Is the
constable going to show up tomorrow and throw us out of the country? Seriously,
do you guys understand who owns U S debt. Two-thirds of the federal debt is
held domestically, or as Keynes put it, "we owe it to ourselves." But
this is game playing, the kind we have to do in capitalism to meet human needs.
Eventually we will have an out-in-the-open socialism. It's just a matter
of time, and sadly, the next big crisis.
All this handwringing over the debt on the same day when two articles appear,
one showing that the deficit is on target to be lower as a percentage of GDP
than it was in 7 of Reagan's 8 years in office; the other quoting
economists who insist that low government has actually hampered economic growth
(which is exactly what we should expect, since Europe showed us the fruits of
the conservative "austerity" economics). Nevertheless . . .To turn this whole argument on its head, we really need to start dealing with
the most fundamental problem of our corporate capitalist economy, and that it is
based on a proposition that is totally irrational: that the economy can grow
forever, can keep turning natural resources into waste for eternity, and can
keep externalizing costs (offloading them onto society in general while turning
the savings into corporate profits that feed the grand and accelerating divide
between the rich and the rest). We really need to start exploring the
possibilities of a sustainable rather than a growth economy.
RE: "The history of the world shows that when a government fails from
internal pressure it is because of commercial corruption in its
government"... Ultra BobSo... Was the fall of the Roman
government due to "commercial corruption"? I don't think so.How about the French and Marie Antoinette? Commercial corruption?
No... revolution?You seem so obsessed with business and corporations
and blaming them for everything. But seriously.. has every government fail
been due to corporations? Or could it be the corruption and disinterest of
it's people in electing good people instead of people who will promise them
free stuff?A lot of countries have changed their government through
elections, and some have had civil wars, or some have been taken over by other
aggressive countries (hint... that's not commercial corruption).There are lots of reasons for countries to fail, not just corporations.Corporations are NOT inherently evil. Just like governments...
corporations are created by you and me supporting them (one through elections,
the other through buying their products or services). But Businesses (like
governments) are made up of people. And those people are no more evil than you
Yes. The process began in 1913. 100 years ago with the implementation of the
cancerous Federal Reserve.
This article correctly points out that the US's position in the world is
diminishing, but is off the mark on why. The rest of the global economy
isn't overly concerned with the long term problem of our debt. The
national debt is a long term problem over a generation in the making, one that
will require a long term solution (the specifics of which can be debated
elsewhere).No, what jeopardizes the US position in the short term is
the threat of default. The rest of the world cares little about our deficit,
but world markets began bracing themselves for the impact of a potential default
two weeks ago. The dollar's position as the world's
reserve currency provides powerful benefits for the US and its citizens. This
position is founded on trust in the stability the American economic system. If
that trust continues to erode -- or in the case of a default, disappear entirely
-- the US and its economy will be devastated beyond recognition. And as
governance of this nation lurches from crisis to crisis, we are only encouraging
the rest of the world to find alternative to the dollar as the reserve currency.
@ atll34I disagree both parties are at fault.The two party system is
not good.The Republicans shut down the government because they wanted to
negotiateThe democrats were unwilling and are unwilling to negotiate.They say the people supported obamacare and that is why he got re-elected.Did we forget the Republicans gained control of the House because of
o-care?The republicans were trying to do what their constituents elected
them to do.Both parties have major issues. This administration does not
negotiate even with their own duly elected representatives.That is the
As I recall -- Years ago, a certain world leader, faced with a HUGE
national debt they could not pay off, Told the world to take a hike -- they weren't going to pay it, took it upon himself to:Instill a new uber-Patriotic and super-National pride, That God was with
them, and them only - and against all others, he vowed to "Take
Back" their country from fellow citizens who he said were trying to destroy
it,Reminisce about the "Glory Days" of former times, called
for huge increases in defense while cutting back all other non-essential
Government programs, eliminate the rising costs of Healthcare by humanely
euthanizing those deemed terminally ill,"concentrate" those they
deemed the blight of their Society into camps; [the poor, the homeless,
homosexuals, illegal immigrants, drug and alcohol addicts, prostitutes,
Communists and Liberals, the Union bosses, and non-Christians] and banning the
vices of pornography and abortion, ect.and then eliminate them later
behind the veil of war.He called them the world's lone Super
Power, established to last a Thousand years!Sieg Heil!
The problem mirrors the fall of the Roman empire. The government encouraged a
dependent citizenry who were satisfied with bread (welfare and food stamps) and
circuses (NBA, NFL, MLB, etc.). Maybe we need a real depression to bring us back
to a sense of reality and responsibility.And all you folks who keep
blaming one party or another for all that is going wrong . . . . There
isn't dime's worth of difference between the career politicians of
both parties. Our problems can be traced to all the career politicians whose
job is getting reelected, instead of statesmanship.
The United States will never be able to sufficiently address entitlement reform
until the American Healthcare system is able to reduce the cost of Healthcare.
Given that the American people (especially Republicans) seem to be so enamored
with the status quo, how is that ever going to be possible? Most Republicans
aren't even willing to acknowledge that Obamacare promotes aligning
re-imbursement for improved outcomes - not just more of the same old
fee-for-service approach which is breaking the bank and not producing good
outcomes on a broad basis. Moreover, extremist politicians like Mike Lee only
complicate matters. We need political leaders who have some common sense and
who can work with all sides to come up with some sensible solutons. We
don't need radicalism from either party!
I just don't get what OMM is trying to say about the here and now.
Let's hope this isn't one more sad attempt to play the NAZI card.
Why do we need to be world leader?We need to take some time to focus
Linus -- Bountiful, UT"The problem mirrors the fall of the Roman
empire. The government encouraged a dependent citizenry who were satisfied with
bread (welfare and food stamps) and circuses (NBA, NFL, MLB, etc.). Maybe we
need a real depression to bring us back to a sense of reality and
responsibility.And all you folks who keep blaming one party or
another for all that is going wrong . . . . There isn't dime's worth
of difference between the career politicians of both parties. Our problems can
be traced to all the career politicians whose job is getting reelected, instead
of statesmanship."So well said I thought it was worth
I just got back from a conference in Europe about how cities are embracing
technology to improve their competitiveness.... the over all message is that
cities around the world need to understand they are competing for jobs and
industry... more than ever. More so, counties are competing with each other....
And the problem is very real. The number of people rising up to
the middle class globally is astounding... and yet here in the states, we have a
shrinking middle class... have been now for nearly 20 years. Our
government is killing US competitiveness, and frankly not many in Europe see us
as leaders anymore. The don't dislike us... they just aren't in awe
of us anymore. Our government looks more dysfunctional than what you see in
Greece and the Ukraine. It is completely ineffective. We can't even tread
water... less alone compete globally anymore. It truly was in awe what other
cities and countries are doing to improve their competitiveness... while we run
around calling each other names and accusing our neighbors of being the
enemy.It seems our arrogance is finally catching back up with us.
Why SHOULD the entire world be just like us?
We aren't necessarily ready for a de americanised world, but the world
seems to be. At least they're beginning to accept that we've lost the
gravitas to maintain the title. We've given up on labour, education,
societal institutions, and our own government. Our own worst enemies live here,
and none of them have bombs. We have met the enemy, and he is us.
HutteriteAmerican Fork, UTWe aren't necessarily ready for a de
americanised world, but the world seems to be. At least they're beginning
to accept that we've lost the gravitas to maintain the title. We've
given up on labour, education, societal institutions, and our own government.
Our own worst enemies live here, and none of them have bombs. We have met the
enemy, and he is us.7:35 p.m. Oct. 31, 2013======== So well said -- and also worth repeating.Look at the
Tea-Party.They are not only trash talking more than 50% of the
"non-Republican" Americans, But now they are trash talking more
than 50% OF the Republicans.Proving they most certainly hate MOST
Americans and America itself.This is why I am against them.It's not just their opinions on issues I have problems with, but
it's they way the trash talk and atack any American who is not just as
extreme as they are.Heck, THEY just shutdown the Government for
crying out loud!
Well one thing is certain: one political philosophy does not care about basic
human rights. It rhymes with flea hearty.
Think of it like this -- What group entices the local populace and
creates devote followers by building schools, places of worship, provides jobs,
and security -- andanother bombs them into submission?Hint: one is the Taliban, the other is the United States.What
Would Jesus Do, or Who do you think is reigning with blood, horror,
and acting like Terrorists?
My favorite lies from leftists:"The debt is Reagan's
faultThe debt is Bush's faultObama's debt doesn't
matterThe US debt is insignificant and doesn't matterDeficit
spending is a good thingGiving people more money to spend will fix the
economyWe can afford the unaffordable healthcare act"It is
not hard to see why we can't seriously work on the nations debt problem.
Too many people won't deal with the present realities.
The tea party does diminish our standing while trying to undermine the economy.
The TEA Party is definitely not responsible for any of the nation's debt.
Maybe that is why both parties rail against them so hard. They are
trying to transfer the own dirt off their own hands on the 'new guy'.
@Ultra Bob - I disagree that the American experiment has failed and is coming to
an end.What is coming to an end is American Empire. America's
empire is a huge burden on our nation. Our military budget is 4 times the
amount of the next largest (China). Iraq cost something like $3 trillion and
thousands of lives lost and thouands of soldiers wounded. We exhaust our human
and financial resources through our empire. In return we get very little - we
aren't any safer, we aren't any more free, in fact we are less free.
We spy, we torture, we violate the core ideas of democratic equality and civil
rights in the service of empire.I believe the American Experiment
will benefit from the end of American empire. Pat Buchanan wrote "A
Republic not an Empire" in which he argued ending our empire could
revitalize our democracy. I think he's correct in that assertion. I read
on Tom Dispatch that we spend $200 billion per year maintaining overseas bases.
That's one third of our current year deficit. The American
experiment is democratic experiment and empires are corrosive of democracy.
Unreconstructed Reb has outlined the real issue which is: "what jeopardizes
the US position in the short term is the threat of default. The rest of the
world cares little about our deficit, but world markets began bracing themselves
for the impact of a potential default two weeks ago.""The
dollar's position as the world's reserve currency provides powerful
benefits for the US and its citizens. The national debt is a long term problem,
one that will require a long term solution (the specifics of which can be
debated elsewhere)."I can understand why the Republicans want to
focus on the debt and the ACA. The stock market (which reflects investors
economic expectations) is going through the roof and things are better than they
were in January 2009 (when Obama took office). They have few real issues. But
they are playing with fire when they endanger the US Dollar's position as
the world's reserve currency. If you do not understand this, then please
educate yourself. When you do understand the huge benefit the US enjoys by
being able to print the world's reserve currency, you will be mortified by
Why should the world want to be like America anymore?Extemeist want
to kick out immigrants, Start Wars for economic reasons, Don't
give a rip about the enviroment, Slash education, Over turn equal
access to Healthcare, spit on the Unions and working Class, Worship
WallStreet, and dispise MainStreet.We are no longer the bastion of
hope and light for the wrold to admire, but a puppet Government being
controlled by the money $ of special interest groups [Latter-Day