US Action News

Sequestration alone is not an adequate response to reducing debt, but it is a good first step.

The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.

Many businessmen hung on, hoping for a change in the madness that passes for economic leadership and policy. These hopes were dashed with the re-election of the ideologue driving the madness.

Since the election, there has been a massive tsunami of layoffs and business failures. Of course the company that is making the biggest headlines right now is Hostess.

The result of this fiscal insanity is that “In 2010, at least 204 companies said goodbye to the state, exactly four times more than fled in 2009. The exodus surged to more than 280 companies in 2011, when they left the state at a clip of 5.4 companies per week.” This just leaves joblessness and economic stagnation in its wake.

Because the radical left can rarely succeed with legitimate arguments for their policies, lawfare has become one of their favored tactics. – An exclusive report from Accuracy in Media

In his first five years in office, FDR spent more than the previous 31 presidents combined; in eight years as president, Obama will have doubled the national debt accumulated by all 43 of his predecessors (unless, of course, Uncle Sam’s farcical finances blow up before then).

After two generations of entitlement indoctrination, the socialist welfare state is collapsing under its own unaffordable weight. It is the inevitable result of socialism. Too many Americans still vote a party because of a generation of propaganda molding their beliefs. Too many Americans are still willing to sell their vote and their freedom for a hand out in the form of a tax credit, healthcare, pension bailout, school loan, farm subsidy or a thousand other imagined benefits from a morally and fiscally bankrupt government as long as it is paid for by ‘someone else’.

While we have slowed the juggernaut of the socializing of America into a failed welfare state, we cannot push back the tide that is sweeping over us without a much greater battle for the hearts and minds of the people.

We are borrowing from future generations to buy votes now. There is just not enough money to give everyone what they want or what they are told they “deserve.” Those that believe we can just continue to create more money out of thin air should wonder why we don’t just give everyone a trillion dollars and we’d all be rich. Reality just doesn’t work that way.