The fawning of Nancy Pelosi and Harry Reid carries with it a most dangerous mindset. Amidst all the lofty talk about restoring the American economy, lies a snake in the grass. One of the world’s most respected newspapers, The Economist, reminds us that there’s more to the plan than meets the eye.
The president has not explained to Americans that if they want bigger government, they will have to pay for it
As much as I’m sure Pelosi, Reid and Barry O want us to think that the worthless Federal Reserve Note will promise to rid all the ills of society, I assure you, it will not. Why? Because it is WORTHLESS!!!
What backs it up? Gold? Silver? another precious metal or gemstone? No. The full faith and credit of the United States government. We should know that that is precisely worth less than the paper it is printed on. I digress.
The facts of basic fiscal principles apply. You want something? You better be prepared to pay for it (now or in the long term). The same principle applies to so called “government services”. America has sold its soul for the here and now, not realizing(or caring) that we are mortgaging America’s future for irresponsible twaddle that is more properly left OUT of the government’s purview.
A wishful first budget | Wishful, and dangerous, thinking | The Economist
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