Quote:
Originally Posted by Rochard
But somewhere along the line reality has to come into play. It's very easy to say "I want to cut spending". And then when your faced with making it happen you discover it's really impossible. Okay, nothing is impossible, but it's "extremely difficult".
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It's only difficult because they make it difficult.
Eventually they will have to stop spending because the whole thing will simply implode.
10.6 billion dollars per day in spending. 4 billion of that borrowed every day. Printing new money every year and adding it into the economy (making everything more expensive and the dollar lose worth).
Sooner or later that just won't work anymore and there simply will be no funds for any of these things that politicians just can't bring themselves to cut.
I've been hearing it since I was a teenager that if we didn't do something now, we would be screwed completely in the future.
But every year the politicians in Washington D.C. (congress and Senate) kick the can down the road by applying temporary fixes and borrowing more money. And no President has had the balls to take the bull by the horns and step in with some real leadership.
I think the "future" is almost here finally. And we are about to have no choice but to "cut" a whole lot...simply because there won't be any money to fund things.