EnjoyBeing (enjoybeing) wrote,

Spending beyond our means...

From Paul Jacob's Common Sense - February 17, 2003

Taken from: http://www.termlimits.org/Press/Common_Sense/cs785.html

    If I told you I had a dire emergency at my house, you'd probably offer to come with me to help. But if on the way home I stopped to grab a cheeseburger and a soda, you might think I wasn't that serious.
    Now, war is a pretty serious situation — a dire emergency and then some. So when President Bush says we must go to war with Iraq, whether I think that's the right policy or not I figure he's got to be absolutely serious.

    But then President Bush proposes a new budget — a $2.23 trillion budget — that tries to be all things to all people. And it throws me for a loop.

    Look, the only money government has is the money we all pay in taxes. We don't live in a utopia with no costs and no trade-offs, where everybody gets to keep his own money but also has to pay the bills for everybody else.

    Without responsible budgeting, something's got to give. Likely what will give is future generations, who will have to pay the bills — with interest — for all the splurging we do today. Mr. President, you know that's not right.

    A trillion here and a trillion there, and pretty soon you're talking real money. Either the politicians set priorities and act responsibly, or they'll end up saddling our kids and grandkids with an ever-growing debt that depresses their economic future.

    Something has to be cut. If the argument is that Washington lacks the courage to do that . . . well, Mr. Bush, I thought that's why we sent you there.

    This is Common Sense. I'm Paul Jacob.


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