Democrat programs are not affordable
The debt situation is very simple. Let's suppose you get a credit card with a $10,000. limit. You immediately charge $11,000, so you call the credit card company and ask for a higher limit. They agree to raise it $5,000.
You again go out and spend over that limit also. They agree to raise it another $5,000, but they warn you this is the last time and you have to cut your spending. What do you think is going to happen when you go over that? They're going to say, "Sorry, you can't have any more." It won't matter one bit to them that you have a furniture delivery coming.
President Obama makes it sound like the Republicans were the sole cause of our government shut down because they refused to raise the limit anymore. He said promised programs and expenditures were already in place and the ceiling needed to be raised to cover them. Republicans said "No, we're too much in debt and you just have to stop spending."
The simple truth is that Obama and his Democrat congress have kept spending more than they can afford because they figure they'll just raise the credit limit. But their programs are not affordable. And it is their programs that are forcing the government to close down national parks and cut benefits to veterans.
We also need to realize how serious it is to be borrowing from China. What happens if with their wild economy they start having debt problems? What if they suddenly can't afford to lend us money? We're putting ourselves into immense debt to a country which, because of their political beliefs, remains an enemy who can't be trusted. Owing China is unacceptable and yet that's where we'll keep turning if Obama remains unleashed to wreak havoc on our country.
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close