OBAMA'S STATE OF THE UNION speech didn't give any concrete plans for reducing the national debt of over sixteen trillion dollars, did it? Are we the people gonna be content here in america to"kick the can down the road" on this issue, as we seem to be doing with global warming? Maybe.
Content to do nothing but argue about the problem, and nothing to repair it, year after year, until all of us now alive are dead, and the problem is left to our children and our children's children against which to contend? Surely not.
The purpose of goernment is not to accumulate money, and maintain a perpetual budget surplus. A break even government, or a government a little in debt here and there is perfectly acceptable. What really matters is that the currency, whatever it is, dollar, yen, euro - whatever - have value.
When the amount of money in circulation, when the amount of money spent by government, is way above and beyond the amount of actual material wealth in circulation; then the money loses value in an a growing avalance of inflation, as the over exposed currency b\loses value by becoming too common.
To many dollars chasing too few goods and services. Wheel barrows full of money, on teh way to the grocery store. That's waht we must avoid, and we must do so by any means necessary, even painful means, like raising taxes, while cutting government services.
The good news is that the american people overwhelmingly believe global warming is real, and want to do what's necessary to address it, evern though only forty percent of republicans are on board, not surprisingly. Obama pledges "market solutions" to appease conservatives. Heaven forbid that any solution should be "non market" Whether life on earth perishes, the free market economy never will!
Any illness not treated gets wors. Global warming, rising sea levels, an aging population of elderly retirees with too few young to support them, collapsing currency systems; these great social ills are getting worse. With each passing day the needed medicine grows stronger.
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