The massive national debt’s come up several times during the past few weeks, because it’s the clearest example of management failure I’ve ever seen. If the government was a business, it would have been forced to close it doors six years ago.
What’s even worse than the size of the debt, however, is the cause. Because there’s not only no visible cure, those responsible for the financial calamity haven’t the slightest idea of how the economy works nor grasp the horrendous damage they’re doing.
A perfect example of why the nation’s in the worst financial condition since Jimmy Carter, appeared today in washingtontimes.com/news.
Stephen Dinan writes that when House Minority Leader, Nancy Pelosi, was asked repeatedly about pork-barrel items snuck into the debt and spending bill, including a $174,000 payment to the widow of the late multimillionaire Senator Frank Lautenberg and a $2 billion maximum price increase on a dam project on the Ohio River that Senate Minority Leader Mitch McConnell had supported, she responded: “What difference does it make?”
She then said, there were other reasons to be upset with the bill, including that it doesn’t spend as much as she wanted. But she said focusing on pork projects was missing the fight.
“If you want to have an objection to the bill, there are bigger things.” she said.
So, in a sentence or two, a leading Dem politician provides a very clear answer as to why the nation isn’t recovering at the rate it should, and probably will decline far further. Because something that’s broken can’t ever be fixed if the one’s who did the damage in the first place, intentionally keep breaking it again.
That's it for today folks.
Adios
Which brings me to a perfect item I found on Facebook, posted by a friend.
Adios
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