Obscene spending, open corruption

Pablo Martinez Monsivais/AP Photo
Congressional Budget Office Director Douglas Elmendorf prepared to testify before the Senate Budget Committee last week. The CBO projects that this year's deficit will reach a staggering $1.35 trillion.

 

 

If the captain of the Titanic were told that A) the ship is sinking and B) a committee might be able to save it -- how loony would he be to turn that down?

That's essentially what the U.S. Senate did last week, in dismissing out of hand a proposal for a blue-ribbon commission to save the country from financial ruin by putting a lid on the mushrooming national deficit.

The commission would have merely made recommendations to reduce the deficit, and Congress would have been able to vote the package of recommendations up or down.

What an act of sheer senatorial arrogance at its worst, to throw away a lifeline that could save all of us.

This Senate and House, and others before it, have revealed themselves to be spectacularly incapable of managing the country's finances well enough to avoid catastrophe -- which is where we are now headed.

Consider: The Congressional Budget Office says this year's deficit will be $1.35 trillion -- and that Washington is on a course to double our publicly held debt in the next five years, and to triple it in a decade!

Some perspective, as noted by an Augusta radio caller Wednesday: A billion seconds is a little more than 30 years; a trillion seconds is nearly 32,000 years. So if you paid off $1 trillion at a pace of $1 a second, it would take 32,000 years.

Now, multiply that by 12 (the trillions we already owe). That's the burden this Congress is heaping on our families.

So, let's get this straight: The Senate and House are wholly unwilling or unable to steer us away from that cliff. But neither will they allow anyone else to step in and do it for them.

When your kids are reading in history books about the Era of Obscene Spending and Open Corruption in Washington, we hope the books list the names of those senators and congressmen who did this to the country -- who enslaved our children and grandchildren with trillions in debt out of naked greed and self-absorption, and fended off any and all attempts to prevent it.

As its spending has hit unprecedented highs, the most shameless, shameful Congress in U.S. history just hit a new low.

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Wed, 08/23/2017 - 23:22

Bottom Line

Wed, 08/23/2017 - 23:22

Now, this is amok!

Wed, 08/23/2017 - 02:02

From monument to impediment?