Hiding the truth on the debt

Media ignore true depth of our hole, and heap scorn on Republicans

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The national media have been all-too-happy to perpetrate a hoax in the ongoing debt ceiling dilemma -- and have been avoiding the most important truth.

First, the hoax: that if the debt ceiling isn't raised, Social Security checks may not go out and our military and veterans may not get paid and we'll default on our debt, which could cause a global depression.

We will concede that defaulting on the debt would be a bad thing. But that's where the truth-telling ends in many media reports.

The truth is, defaulting on our debt obligations -- as well as not paying Social Security recipients or the military -- is a matter for the Obama administration to sort out. The president and his men could very well choose not to issue those checks, but it would be their choice. The truth is, there will be money for those things even if the debt ceiling isn't raised.

It's just that the government will have to prioritize. It would be bad, and we don't recommend it. But failure to raise the debt ceiling does not equal default. Those who are saying that are misleading you.

As for the truth that they're not telling you, it's this:

The most recent Republican plan to cut spending called for trimming only about $1.2 trillion over 10 years, but this year's deficit alone -- the amount the government is spending beyond what it takes in -- is $1.65 trillion.

In other words, the big brouhaha in Washington is over whether we can cut less in 10 years than we overspend in one!

How pathetic is that? We've got our nation's capital in paralysis because our leaders can't even muster the courage to cut over 10 years an amount that is less than what they overspend in one year.

And yet, the "mainstream" media are in an uproar over how much those mean Republicans want to cut. They're being called unreasonable and unyielding and more. The truth is, the budget cutting noise now coming from Republican House Speaker John Boehner is pitifully inadequate, compared to how much cutting must be done to save this country.

Absolutely, blame the Tea Party conservatives in the House for seeing that truth and fighting to save the nation from bankruptcy.

When are the "mainstream" national media going to tell you the truth? When are they going to show how woeful the Republicans' current budget-cutting proposals are?

When are they going to remind you that the "uncompromising" Republicans are the only ones that have either passed a budget in the past two years or passed a debt-ceiling increase so far this year?

The lack of honesty in the media has poisoned the well. It has helped obscure just how dire the country's financial situation is. Most Americans will take just about any debt-ceiling deal now to make this short-term problem go away -- without any regard for the long-term sustainability of the federal government or the effect it all has on the economy.

Instead, talking heads in the left-leaning media -- which is to say, most of the traditional media outlets -- have set out to demonize Republicans and the Tea Party for their efforts to save the country.

Meanwhile, even while repeatedly and rightly berating White House spokesman Jay Carney to see the president's nonexistent plan, the press corps have allowed the demonization of conservatives to go on.

To this country's detriment.

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johnny1867
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johnny1867 07/29/11 - 01:49 am
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Cutting the budget 1.25

Cutting the budget 1.25 trillion dollars over 10 years, is a joke. That only comes out to $125 billion a year, we are going to have a shortfall, of $1.3 trillion this year, that will not make any reduction in the deficet. All of the arguments, about not raising revenue, because some people dont pay any taxes is a joke. If people were paid a livable wage $40,000 to $50,000 dollars a year, then they would have a sufficient income to pay taxes. You cannot be taxed with a family of four, when you're only making enough to get buy. A person should make a livable wage so they won't have to get gov't assistance. Food stamps,EIC, etc. Low income workers, and a majority of the middle class are barely surving, from payday to payday. the working person doing all the work, that cannot afford to purchase the products, they are producing, is the main reason the economy stalls. Pay a decent wage, and have a profit sharing plan amongst the workers, (producer of goods) instead of paying one or a group of people, more than all of the workers combined, and AMERICA can get out this mess. More PAY, More workers, equates to more REVENUE, to go the GOV'T, to PAY IT'S BILLS.

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