Poison Pero is RIGHT!

Tuesday, August 09, 2011

Barack Obama (Debt Creator-in-Chief)

"We didn't need a ratings agency to tell us that we need a balanced, long-term approach to deficit reduction...we've always been and always will be a triple-A country."

The U.S. as a nation is a "triple-A country", no doubt...It's sovereign debt is anything but "triple-A", though.  If anything our fiscal house is 'triple-S', 'triple-H', 'triple-I', 'triple-T', 'triple-T', 'triple-Y'!

The fact S&P downgraded our credit-rating from AAA to AA+ last week is a joke, because it probably should have happened a year ago.

There is only one way to solve this problem, and that is to quit spending.  We can't tax our way out of the problem; not by any stretch of the imagination...Since the Left can't give into this reality (because doing so would be a repudiation of its very existence), the situation won't improve until the Democrats are kicked out of leadership in the Senate and Barack Obama is replaced in the White House.  If either one is kept in control after the 2012 Election, our situation may be hopeless.

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