Highway to Oblivion!!
February 25, 2009 12:02pm CST
President Obama has promised to cut the federal deficit by 50% by the end of his first term. I don't know why people stand in awe of this committment since it does nothing but add to our national debt. The real problem with our economy right now is not the job loss or even the federal budget deficit, it is our national debt. In the four years that Obama is president this country is on the fast track to oblivion and the policies of this administration and the democrat controlled congress are speedding up the process. Here is one columnists opinion of this: http://townhall.com/Columnists/TerenceJeffrey/2009/02/25/obamas_deficit_charade Do you believe this downhill spiral can be stopped? If we do go bankrupt as a country, will we see a civil war or anarchy develop? My answers to these questions are: 1)Not with the present philosophy of how this can be accomplished. There is absolutely no way to spend yourself out of bankruptcy! 2) Yes, I see anarchy and a civil war in our future and I must say, not very far down the line!
• Lancaster, New Hampshire
25 Feb 09
It is indeed a highway, a two lane, one way highway. In the left lane you have democrat, in the right, republican, but all still on the same highway traveling the same direction at roughly the same speed and certainty. It is a highway full of on and off ramps, the problem is, we all ignore the off ramps. The off ramps are pretty clearly marked and easy to get on, we just refuse to acknlowlege they are there and continue to look for ways off that don't exist and are convinced "one of the two lanes is better than the other and if we just keep following that lane surely the highway will end". It will end, in a crash.
• United States
25 Feb 09
Xfahctor, Ultimately, and saddly, you are right. This country is headed for an appointment with disaster and neither side of the present coin has the answer. This, to me, speaks volumes to 1) more than two parties, and 2)term limits. The main problem I see with both of these is changing people's minds about the present system. You still have a great nimber of people on both parties who would literally vote for a skunk as long as he was a party affiliate and that is where the quandry lies!
• United States
26 Feb 09
i do think that there is hope. this is not the first time this country has been through something like this. if our great grand parents could make it through this then there is no reason why we can't make it. just remember that when you start making money again, save some. i think that is why america is getting hit so hard in the first place is because no one saves anymore. it is all about spending. and some spend more than what they have. that is why so many are suffering now. i think that we will get out of it. will obama do it. don't know. i would like to think that it will be over that fast.