Sunday, July 28, 2019

About the unconscionable spending...

Preceding the Mueller nothingness of last week, and amidst any and all other media portrayals of both parties at odds, there was some displeasing cooperation occurring in the swamp that was troublesome to say the least...
Levin brought attention to it by that evening...
America has a spending problem. Mitch McConnell said we don’t lose votes by spending and this is unacceptable. We are sticking future generations with massive debt. The laws of economics are like the laws of physics — they don’t change. Despite the Tea Party’s 63 seat win in 2010 yet we still have an obsession with deficits and spending. President Obama’s 2012 re-election slowed the Tea Party’s momentum and spend-hearty Republicans returned to their old ways despite the spending cap bill. Today, just 15% of Republicans express any desire to spend less and we’ve seen this in the bloated budgets that they repeatedly send to President Trump. This is the most selfish generation in American history, and Thomas Jefferson warned us. This, combined with college for all, healthcare for all, and ever-increasing taxes on the highest income earners will only hurt America 50 years from now.
“It doesn’t matter who the president is; it doesn’t matter which party controls Congress. The fact is that when those in charge of spending and borrowing and taxing do what’s about to be done to the American people, it’s unconscionable. Spending is completely out of control, and we simply do not have any adults who want to do anything about it, because it's much easier politically to just keep spending. ... We used to at least have fiscal conservatives; there are no more fiscal conservatives, maybe a handful. But the Republican Party today does not stand for fiscal responsibility. Therefore nobody does. ... This is the most selfish act one generation can do to the next. To impose on generations yet born this massive debt, because we want...more this and more that...is unacceptable. ... And then we have a Democrat Party that wants to quadruple what's taking place, while the Republican Party is doubling what's taking place. ... Because they don’t want to shut down the government...we don’t want to default. ... One day there will be a default, but it’ll be a different kind of default. It’ll be one completely out of our control when the economy crumbles. There’ll be no health care, there’ll be no pensions, there’ll be no minimum wage, there’ll be no property rights. It’ll all go up in a puff of smoke.”
Related links: Here comes the McConnell budget ‘deal’ that will rule the rest of Trump’s presidency
Levin And Horowitz Discuss McConnell's Latest Budget Boondoggle
Levin blasts McConnell’s and Pelosi’s big-spending budget deal: ‘It’s unconscionable’
GOP repeals the entire legacy of the Tea Party in one fell swoop

So both parties on Capitol Hill finally agree on something: SPENDING MORE OF OUR MONEY! If something isn't done to get our nation's finances in check, our children and grandchildren will suffer the consequences. Some of these young people, like college student Shawn Fleetwood, are beginning to realize the future result of our generations' irresponsibility...
Every year, I watch these budget battles, and every year, I am thoroughly disappointed in the utter disregard and lack of fiscal responsibility by both parties. In today’s hyperpoliticized climate, Democrats and Republicans hardly agree on anything, but it seems the one thing they can agree on is spending our money.

Democrats favoring massive spending is predictable, considering that under President Barack Obama, the national debt grew roughly $9 trillion, more than every other previous president combined. Yet even when Republicans, the party swept into power by the tea party movement, recently controlled both chambers of Congress and the White House, they failed to limit and cut federal spending.

A few prominent Republicans, however, have voiced their dissatisfaction with the bill. According to a letter obtained by Politico, these Republicans’ message to Trump stated, “You should veto this bill because it is fiscally irresponsible,” and, “It blows well beyond what was intended with the 2011 [Budget Control Act] caps. Furthermore, it continues spending hundreds of billions more than what we take in a year and does not put our nation on a path towards a balanced budget.”

Rep. Chip Roy of Texas drafted the letter, which is circulating Capitol Hill to collect signatures from other conservative Republicans discouraged by the massive spending bill.

This growing national debt is like an ever-expanding balloon that in due course is going to pop, and when it does, the U.S. economy will crumble right beneath our feet. A country cannot sustain this massive amount of debt forever, yet as I watch these politicians in Washington champion this deal, I can’t help but think of what this beautiful country will look like 20 years from now when the bills cannot be postponed any more. Everyday American families must balance a budget in their lives to make sure they aren’t overspending, so why should the federal government be any different?
Yet in true Washington, D.C. fashion, as Nate Madden reminds us, both parties saw a spending problem and came together to solve it with more spending! The House passed it, then adjourned for six weeks, and now it’s all set to become law.
Indeed, as it heads to the Senate, it appears that the only things likely to stop it are some kind of last-ditch effort in the upper chamber or President Trump listening to the pushback from the Right on this and sending the negotiators back to the drawing board. After all, there’s still time to do it.
Perhaps they'll figure out some way to put the brakes on this burn and think it through (yeah, I know), but looking towards the future, it's still not too late to avert the fiscal cliff. However, it's up to us. How? A Convention of States has the power to propose constitutional amendments that force Congress and the President to be fiscally responsible. As Fleetwood continues, the new budget deal reminds us that it's time to make that call.
Right now, as part of a grassroots movement among conservative America, fittingly called Convention of States, citizens are pressuring their state legislatures to pass resolutions calling for a convention. Some of the proposed amendments include imposing term limits on members of Congress, limiting federal overreach, and, yes, balancing the federal budget. So far, 15 states have passed resolutions calling for a convention. To learn more about Convention of States, visit its website.

This country belongs to all Americans, not just the few sitting in Washington D.C. carelessly spending our tax dollars. Sitting on the sidelines and doing nothing will get us nowhere, and it won’t stop the nonsensical spending taking place year after year. If a 19-year-old college student can understand the country’s dire fiscal future and demand better from our elected representatives, you can too.
No truer words, but more have to come to this realization before it's too late.

 Related links: I’m 19. The Spendthrift Trump-Congress Budget Deal Cripples My Future
Why did Republican leaders sign on to a spending deal this bloated this early?
Trump can’t be both the president of growth and the president of debt
Posted by an ebb and flow at 10:00 PM