Monday, March 7, 2011

John Kerry sez cuts of 1.649% are extremist and reckless

Political courage, Massachusetts style:

"I don't believe what we have from the House is a serious economic plan," Sen. John Kerry, D-Mass., said on CBS. "I think it's an ideological, extremist, reckless statement. If that were to be in fact put in place, it would contribute to the reversal of our recovery. ... It sets back GDP. We will lose 700,000, 200,000, 500,000 jobs, whatever we lose, 200 to 700, it moves against the recovery that we've worked so hard to achieve."

It takes some real effort to supplant Mike Dukakis as the most consistently inept Massachusetts politician but John Kerry keeps setting himself further in the lead every time he opens his mouth.

The House has proposed cuts of $61 billion. That sounds like a lot doesn’t it? When you look at it in the grand scheme of things though, it is barely a drop in the bucket. Cutting $61 billion from a $3.7 trillion budget is a reduction of 1.65%. Keep in mind that the budget is already spending over a trillion and a half in borrowed money that goes right to the national debt. Look at that number again, even if you subtract the proposed $61 billion in spending cuts:

$1,589,000,000,000.00

That works out to over $5000 for every man, woman and child in America in debt. That is just this year alone, that doesn’t take into account the existing $14 trillion in debt. When you look at that number, it is even scarier. The national debt right now means that every man, woman and child in this country is already on the hook for about $45,000 in debt. When you look at personal income in America, it is in the low 30’s and that doesn’t count children. So we are already on average in hock to the tune of more than a years pay for every worker. How exactly are we going to ever tackle that debt when people like John Kerry think that a cut of 1.65% is “extremist”? How does Senator Kerry propose to address this crisis we are in right now, especially since liberal Democrats refuse to even consider serious entitlement reforms.

Of course, given that Senator Kerry is a good, walking the liberal line Massachusetts Democrat, he saw nothing at all “extremist”, “ideological” or “reckless” in borrowing and spending hundreds and hundreds of billions of dollars in a laughable and humiliatingly failed attempt at “stimulus”.

This is the issue that will define the standard of living in America fifty years from now. This is the issue that demands America’s leaders step up to the plate. A few have done so, Representative Paul Ryan and Michelle Bachmann and Senator Rand Paul. Governors like John Kasich, Mitch Daniels, Chris Christie and Scott Walker. The ranks are pretty thin of politicians who are willing to do what is needed even if it costs them their position later on. History will judge the leaders of this nation for how they respond to the debt crisis we find ourselves in. This crisis in many ways is as grave as World War II and the Cold War. It is already painfully apparent that men like John Kerry are not going to fare well in the review of this pivotal time in our nation’s history.
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