The election of Democrats to Congress in 2006 and Obama to President in 2008 has caused the federal budget deficit to explode. While George Bush and the Republicans ran deficits too (about $400 billion a year), those deficits grew steadily in 2007 and 2008, and exploded to record highs in 2008, set new records in 2009, and according to the White House, will set records again this year and next.
Democrats are spent a record $1.4 trillion last year, and will spend more than $1.4 trillion that they don’t have this year, and plan on spending another $1.4 trillion that they don’t have next year. This reckless and immoral spending of money that they don’t have to provide goods and services to people today is an attack on the futures of my children and grandchildren.
The spending of today will mean that my children will have to massive amounts of interest to pay back so that hippies and baby-boomers don’t have to cut back when they lose their jobs. My children are going to be holding depreciating dollars because their parents didn’t pay for health care insurance but now are old and want it for free. My grandchildren are going to be faced with security challenges when bossed around by the other nations that lent their grandparents money so that they could have nice smooth roads and shiny schools and fancy monuments.
My children’s future is being ruined by Democrats and their irresponsible spending habits right now in Congress. Any member of Congress who has voted for these large spending bills deserves to be thrown out of Congress. Times are tough right now, yes, but it is immoral and wrong to borrow money from your children and grandchildren to provide goods and services today, especially when you have no intention of ever paying it back.
The election of Obama and the Democrats was indeed historic- it has destroyed the future and hope of our nation.
PS: Don’t be a sucker either- these numbers will be revised again when tax receipts continue to fall due to continued Democratic legislation, and once the 2011 tax increases go in, expect a crashing economy to create ever more debt. My children are going to owe something closer to $2 trillion for 2011 and 2012, meaning that my grand kids someday are going to have to pay back the $7 trillion Barack Obama experiment in hope and change.
Original Post: A Conservative Teacher
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Matt
I believe that future generations should have the same opportunities that myself, and those that came before me, had. My parents taught me that I could do anything I wanted to do. I don’t want to have to tell my daughter, “You can do whatever the government tells you to do.” We are at a crossroads in this country; are we going to be free, or are we going to be slaves to the nanny state. I choose freedom.
Immoral is the perfect word to describe what they have done. And you are right, these are not the final numbers, they will be adjusted up.
You are absolutely right! you just forgot to say one thing… its not just de democrats fault… medicare medicaid bush tax cuts war arent the exclusive fault of the dem’s.
Please dont be naive…
Its “our” fault…. from school teachers retirees… we brought this burden on the young.
PS: i very much doubt the GOP would have been able to do anything different.
Immoral hits the nail on the head! Democrats must be booted out of congress for both our kids sake and our futures sake. Those two go hand-in-hand with each other. We must breal the cycle of corruption and immorality that democrats and RINOS are causing.
CT nails it. Especially with the decreasing tax revenue. When will folks finally get that tax cuts cause more economic activity, which leads to more taxation! Folks forget that government revenue doubled under Reagan.
Quote from Bruce Bartlett on The Economist
“The monumental hypocrisy of the Republican Party is something amazing to behold. And their dimwitted accomplices in the tea-party movement are not much better. They know that Republicans, far more than Democrats, are responsible for our fiscal mess, but they won’t say so. And they adamantly refuse to put on the table any meaningful programme that would actually reduce spending”
You can read it here:
http://www.economist.com/blogs/democracyinamerica/2010/07/bruce_bartlett_deficit_economy_and_vat/print
This isnt a one way street
both parties are at fault…