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Wednesday, July 14, 2010

DC Is Not Broken, Just Broke

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No comment from Polifrog... just a few quotes from a single politico opinion piece by Tim Pawlenty:

But rather than getting the government’s finances under control, Obama and his allies in Congress poured gasoline on the fire with trillion-dollar boondoggles.

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At the end of 2008, just before Obama took office, the federal debt was about 40 percent of our nation’s total economy. Now, according to a recent Congressional Budget Office report, the debt will explode to 62 percent of our economy by the end of this year.
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If we consider off-budget liabilities like Fannie Mae and Freddie Mac, underfunded entitlement promises and the budget effects embedded in the Democrats’ new health care bill, the fiscal picture gets even worse.
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In a bizarre development, the Democratic-controlled House won’t even pass a budget for the first time in decades. Any family or business knows you can’t live within your means without a budget. Congressional Democrats have now announced they won’t even try.
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Sacrifice. Americans have sacrificed enough; it’s time for government to sacrifice for a change. When Washington Democrats talk about balancing the budget, they speak gravely about painful choices and sacrifice — but what they mean is tax increases. In other words, we sacrifice so they can spend.

And in a final related quote from Obi's Sister via The Anchoress:

While the honeymoon has been over for a while, inside sources whisper that Obama is now sleeping on America’s couch. It won’t be long before he’s kicked out of the house and asks his secretary find him a place to live.





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