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Sunday, June 17, 2012

What would you do?

What would you do if you lost your job? Would you dip into your savings to keep your lifestyle unchanged, would you cut back or would you increase your spending in the hope that it would get you back to work sooner? What if you opted for increasing your spending so that you were about to run out of money? Would you cut back then or would you decided to increase spending even more so that it would look like things were better? And, if you chose to keep on spending, would you have a plan for how to deal with events once that savings ran out?

This may seem simplistic, but it is a pretty good analogy of where the USA is right now. The recession in 2008 and 2009 was the equivalent of a person losing his job. Government revenues fell dramatically even as the demands on government were greater. President Obama and the Obamacrats opted to increase spending, indeed, they chose to spend trillions of dollars that the country did not have. The goal, of course, was to make the economy grow, but it did not work. We are still just limping along with a pathetic growth rate. The only things growing quickly in Obama's America are poverty and the national debt. So now we are at the time for the next choice. Will we choose to continue the Obama policies of borrow and spend, or will we try to bring down the burden on the private sector so that it will have the ability and confidence to grow again?

This is not an easy choice to make. Millions of folks look at the economy and also at the checks they receive from the government and says to themselves that they cannot risk losing that federal support. What will happen to them if they are forced to take care of themselves? Many who are not now working would have to take jobs that they do not like. Many who now get free cell phone service from the government would actually have to find a way to pay for that service themselves. These are just examples of the problem, but the fear of those dependent on government handouts is real. So long as these folks can continue to take money from the rest of us, most of them will want to do so. The problem, of course, is that sooner or later the money to pay for all these programs runs out. At that point, all that it left is a nation waiting for checks that never arrive.

We have to change course. We have to return to the America that built the greatest economy in the history of the world. We have to look past the beguiling lies of the left and deal with the harsh reality that we are facing. If we do not, America will reach the income equilibrium that Obama craves: we will all be poor except for the politically connected. American society will come to resemble the old Soviet Union where only the high ranking members of the Communist Party lived well. In other words, America will no longer be America.

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