Finally there appears to be some agreement that we must reduce spending. Unfortunately, the mindset of those who wish to do this is all wrong. I guess I shouldn’t care about the motives of the Democrats and Republicans here, as long as they do what we all want them to do. But it does matter, because even if we manage to get our fiscal house in order (and that’s no small task), if we do not quit wasting money on unnecessary things, we will quickly get back to the same problem we are in right now. When getting out of debt, one must change the behavior that led to the fiscal crisis they were in. I know this first hand. Why is this concept so difficult for the White House and Congress to grasp?
Read the following quote from President Obama and you tell me whether he understands this concept:
“If you’re a progressive that cares about investments in Head Start and student loan programs and medical research and infrastructure,” Mr. Obama said, “we’re not going to be able to make progress on those areas if we haven’t gotten our fiscal house in order.”
So we have to put the fiscal house in order to spend MORE money on social programs. Got it. I would argue that putting our fiscal house in order requires a re-evaluation of our current spending priorities and maybe eliminating some programs. That’s not what the President wants to do.