Saturday, November 12, 2011

The Supercommittee's "Savings"

Unbelievable! The so-called "Supercommittee" is supposed to find at least $1.2 trillion in savings over the next ten years by Thanksgiving. Of course, this is a ridiculously low target. The government currently has to borrow almost $1.5 trillion EACH YEAR, so cutting $1.2 trillion out of the budget over the next 10 years is a pittance -- less than 10% of what would be required just to keep us from going further into debt.

But, according to TheHill.com, Democrats on the committee are now proposing to use the "savings" from not being in Iraq any more to fund a new stimulus plan. In other words, they are proposing to use money we weren't going to spend anyway to actually INCREASE government spending! Unbelievable! The very committee that is supposed to find at least token budget cuts is now trying to spend more!

How much longer will we the taxpayers let these jokers in Washington, Republican and Democrat alike, play these stupid political games in the face of a real and extremely dangerous national crisis? How much longer before it will spark an "American spring" in the streets?