Got to disagree with here praha4;
"Anyone thinking a new Democratic Congress can suddenly balance the federal budget by repealing Bush tax cuts, and solve the problem of the huge US fiscal imbalances, is naive. The country has no solution to the demographic Medicaid/Medicare freight train coming down the tracks. The only solution is monetize the debt, print more money, fool today's voters, and pass the problems on to the next generation. Paulson, Rubin, et al have no magic wand, no more rabbits in the hat."
Here is what I'm thinking. A new Democratic Congress would be a step in the 'right' direction, not the 'left' direction,as some would have us believe. The country needs to address the problems plaguing our governmental fiscal inadequacies,aka;Medicaid/Medicare,Social Security and our debt levels, by not brushing it under the table for the next generation to deal with. There are no free rides here. Maybe those 'Baby boomers' need to take a serious look in the mirror, after all they are the largest voting block and have the most weight/clout. As a nation we need to take a good look at how reactionary we have become. We need to be proactive. The rabbits we pull out of the hat will instead be the ones we put in there,as well it shouold be. |