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Thursday, September 15, 2011

Tell your great,great,great,great grandchildren you are sorry.

I was thinking about the shrewd deal we made with the President when we decided to increase the debt limit by another 2.4 trillion dollars. Believe me, that money will be spent by the end of his first term. That will bring our total debt to about 17 trillion. In return, we got a promise that a special committee of legislators would attempt to cut 1.5 trillion over the next 10 years. That's 150 billion per year. At that rate, it will take roughly 110 years to pay off the debt. I know 2121 will be here before we know it, but could we not have assigned a slightly higher priority to one of the biggest problems in our Nations history?