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July 21, 2019

Oh Goody! Another Debt-Busting Budget Deal, This Time Courtesy Of The Usual Suspects: Everyone In DC

This is one of the things that worried me about President Trump; his comfort with huge amounts of debt. That's the way real estate works, and he was better than most at playing the game. At first I entertained the naive hope that with a booming economy and even a cursory attempt at budget control we would be able to grow our way out of the spiraling deficits that have become the new normal.

Clearly that isn't going to happen: Hey...nobody said I was smart.

'Indistinguishable from Democrats': Daniel Horowitz tells Mark Levin what's behind Republicans' debt-exploding budget deal

Horowitz explained that the current spending levels are the result of the budget deals that congressional Republicans cut during the last session of Congress, “and now they’re looking for a repeat performance” in the current spending debate. They appear ready to hand Speaker Nancy Pelosi a debt-exploding deal that suspends the debt limit, busts spending caps, and “give away the president’s leverage on the border.”
Read the article...it's the usual gang of craven and shortsighted politicians who simply don't care about the future financial health of the country. Government spending has become so ridiculous that I wonder whether they are still trying to buy votes! How many voters actually pull the lever for the incumbent because he voted for some pork? Spending is out of control on all fronts, so how do people recognize directed spending vs. the background abomination that is the federal budget?

It reminds me of watching a chain smoker; lighting one cigarette from the stub of the previous one, never enjoying it but driven by his addiction to the process.

&topic=world_news">digg this
posted by CBD at 12:15 PM

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