May 13 2010
Two forces in America are heading for a showdown this fall. The first is rampant liberalism that is bankrupting generations of Americans into the future. Through wild and risky schemes, honed from TV-land like thinking about the wonders of Big Brother Government, liberals have put in place a rolling disaster. Just take the April deficit numbers as one data point in this historically massive screw up:
The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday.
Department officials said that in prior years, there was a surplus during April in 43 out of the past 56 years.
Emphasis mine. First off, April 2009 was dead smack in the middle of the economic storm as it wiped out savings and jobs from 2008 through the fall of 2009. For us to be STILL racking up record financial woes a year later is just staggering. This goes back to my post on the April unemployment and underemployment numbers, which show there has been no relief or progress economically. We are not sinking as fast, but we are sinking in other, less obvious ways.
As the article notes, the normal condition for April in any given year is to be in surplus (due to a massive influx of tax filings and payments). Under President Obama and the DC liberals in Congress, there will never be a surplus April again for the next decade or more. This group of liberal zealots has bankrupt this nation at levels no one ever thought we would see. For a good perspective on this, take a few minutes and watch this video Ed Morrissey discovered on the deficit, debt and economic carnage that is now being inflicted on this nation:
It is mind boggling the damage that has been done in less than two years. Anyone who thinks 2010 is an improvement from 2009, just look at these numbers from the original article:
For the first seven months of fiscal 2010, which ends September 30, the cumulative budget deficit totals $799.68 billion, down slightly from $802.3 billion in the comparable period of fiscal 2009.
The $3 billion difference is round-off error and insignificant. 2010 is going to be just as bad as 2009:
The U.S. full-year deficit this year is projected at $1.5 trillion on top of a $1.4 trillion shortfall last year.
White House budget director Peter Orszag told Reuters Insider in an interview on Wednesday that the United States must tackle its deficits quickly to avoid the kind of debt crisis that hit Greece.
The last line is a pathetic joke, coming from a misleading administration. As the DC liberals rev up for another round of deficit busting spending, the idea the Unites States must tackel deficits is laughable. The United States needs to fire all the liberals in DC and then begin dismantling this runaway, dysfunctional federal behemoth. It must repeal Obamacare, reinstate the Bush tax cuts, dealing with Medicare and Social Security, and cutting away half the bureaucracy that does not directly help this country maintain its economic leadership role. For the latter I am thinking we keep medical research, space exploration, investing in our national security but dumping the bridges to nowhere, studying the sex habits of college students, building dog parks, etc.
We either change the direction of this country 180Â° and begin shrinking government, or we lose our great country. In the fall the battle for America will be fought, between the rampant liberal zealots and the center of America. I am confident which side will win.