29 Jan
2011
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Liberalism and The Mortgaging of Our Future

The three major cable news networks, FOX, CNN, and MSNBC reported this week that the non-partisan Congressional Budget Office has dire predictions for our nation’s finances. Social Security will be insolvent by 2037, not 2042 as originally predicted. Starting this year, Social Security is spending more in benefits than it’s receiving in payroll taxes. With final deficit spending numbers expected to hit $1.5 trillion for 2010, our national debt will exceed $15 trillion. Plus there are at least some economists at every major bank and brokerage house forecasting 1970’s style inflation later this decade and into the 2020’s. What are the Democrats doing about it?

Not much. Obama states he wants “fortify” Social Security to “guarantee” benefits for future generations. He wants to “green” our economy through government “investment”. His health care bill is supposed bring “quality and affordable health care” to the poor and uninsured.

Unfortunately for the Democrats, Social Security will not be around for Generation X and Y. Government sector involvement in the green sector will stifle private industry (real) investment. And, ObamaCare will drive up the cost of health care so much that doctors and hospitals will only be able to afford to provide meager health care to the poor and uninsured. Can you hear the sucking sound of taxpayer dollars being vacuumed into the coffers of insurance companies?

What liberals don’t get is that you can’t live beyond your means forever. They want to provide “social justice” to disadvantaged groups with government programs and debt. What they are doing is stopping minorities and the poor from helping themselves with the tools they need to advance their socioeconomic position in life. But of course, it’s deliberate. It is in their best interest to keep people down, so they have disaffected voting blocks to feast on. When someone says, “I’m from the government, and I’m here to help”, take Ronald Reagan’s advice and run away as fast as you can.

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