Les points out a small problem we have in the USA: we have written more checks than our asses can cash. Mandatory spending has caught up with revenues at the federal level. Even before discretionary spending begins, we are already into deficit spending.
This is the same as a family buying a house full of furniture and appliances "on time" and eventually finding that their TV payment, couch payment, table payment, oven payment, microwave payment, bed payment, etc. all add up to the entire paycheck . . . and they still need to buy groceries.
What do you do? YOU use your credit card because you don't understand that it is better to give up your junk than to go hungry. WE borrow money from China (at interest) so that our children can pay for the things on which we just have to spend money.
Meanwhile, federal spending went up 24% in the last few years, and Congress can't find anywhere to cut more than a single day's worth of deficit spending out of a two week budget bill. In 2012, we need to kick the Democrats the rest of the way out of the Senate and toss some more out of the House, and NOT replace them with big-government Republicans.
So, good luck with that.
Oh, and: Herman Cain for President!
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