The bulk of the US Budget is comprised of entitlements doled out to US Citizens, principally Social Security and Medicare. The numbers are staggering and with the $1.1 trillion dollars in new borrowing that the Obama Administration has proposed, those programs are presently unsustainable. The US MUST adopt a system that forces government to balance the budget. Yes, that will be balanced on the backs of the American people, but they’re responsible for paying the debt back — or their children/grandchildren are.
Vice President Biden announced this week that the Obama Administration proposes to spend $53 billion over six years to construct a national high speed rail system, which will then loose money because outside of the East Coast, most people don’t ride the rails. Transportation Secretary Ray LaHood said that the administration’s ultimate goal of bringing high speed rail to 80% of the population could cost $500 billion — and it will loose even more money in operating costs, just like AmTrak. If we were solvent, I wouldn’t care. If they Administration could wrap their hands around entitlement spending, I wouldn’t care. Government wastes my money so I don’t have to. This would be another in a long series of failed projects.
Every time spending comes up and balanced budgets rear their heads, the Administration runs for cover because they don’t want to face the reality that SOCIALISM DOESN’T WORK. Because it doesn’t and never has, the government needs to take President Reagan’s approach. Allow the people to create their own solutions.
If a high speed rail project had a prayer of profitability, the private sector would build it. And they’re not. Sometimes courage in public office requires that you step back from grandiose ideas such as ObamaCare and this foolish national high speed rail system. The nation is in the grip of a recession – and depending on where you live, a depression. The nation can’t tax and borrow its way out of this slump. Job creation is a function of the private sector.
Joe and Barack – show a little courage and don’t propose anything involving spending more. Courage means spending less, and taking the heat for it.
One can not buy votes with a smaller budget.
I feel a stroke coming on every time I hear him speak.
The only thing one can do with his speeches is count the number of times he says "I."
Grandiosity and irritability are two of the signature clues of a narcissistic personality.
LL, as you know, the reason HSR will fail in the US is that our railbeds will NOT support HSR in their current condition. They would have to lay an entirely new infrastructure to use HSR at anything approaching the real speeds. I don't think $500B would even pay for a 10th of the needs… And I agree with LA, narcissistic, just like Slick Willy… Why is it always the democrats???
So much goes through my mind, and I have to say simply…these people are idiots.
Gov Christie in NJ, and now Walker in Wisconson are real men attempting to solve real problems. "We just don't have the money…" and all you hear from COPS, PROSECUTORS and FIREFIGHTERS is their hate for the man that is trying to ensure there will be a pension in 20 years…
(You hear it from the teachers unions most of all…but that is to be expected)
Opus, my chest tightens and I change the channel and tune out THE ONE.
WoFat, I can't listen to his speeches you need to count for me.
LA, He's THE narcissist, not merely 'a' narcissist.
NFO, I didn't think about that. Great point. The problem with HSR is that America doesn't want it. We have to subsidize AmTrak because it's not used enough.
Odie, The MAGIC ONE can get the dead to vote for him – he shouldn't need money.
Race, I'm not sure that there will be any full pensions in 20 years for retired government people, and since I'm one of them, it is disconcerting. Unless we get things in order, we'll all be circling the drain.
Joe and Barack – show a little courage and don't propose anything involving spending more. Courage means spending less, and taking the heat for it.
LL, I don't mean to scold you on this point, but you, I and everybody else on our side know that neither of those two fatuous frauds possess even a sliver of courage. Very few politicians do, regardless of affiliation.
LA – Yeah, I know that they're empty suits, but they are the leaders of the free world. I thought that I'd call upon them to make the effort – but it's a vain hope as you pointed out.
Comments are closed.