mcmick
Rookie
David M. Walker recently gave up his position as Comptroller General of the United States and overseer of the Government Accountability Office (GAO).
He did this to start and carry out (has since done so) for months, his fiscal wake-up tour.
Mr. Walker has almost been begging congress (both parties) to take serious action against the $53 trillion dollar long-term debt,
congress has already committed us to.
Medicare, Medicaid, and Social Securitys present obligations will now give us this number without very, very serious revisions.
Mr. Walkers full GAO report says we are endangering our future security and that in the absence of the necessary revisions a combination of seriously reduced benefits and seriously increased taxes will be necessary and that the nation cannot possibly sustain the present course.
Neither candidate is addressing this in the manner it deserves to be addressed.
If McCain is elected and follows up on freezing all but the most vital programs, it would be the most important domestic move in years. Of course, he would have to have the power to do so. Using the veto might get him close.
If Obama is elected, his promised savings could not come remotely close to his promised spending. Believing it could come close, is simply looking the other way.
Its ironic, how much todays young people, will pay for todays profligate spending, by both parties, due to idealism and demagoguery.
"Any man who is under 30, and is not a liberal, has no heart; and any man who is over 30 and is not a conservative, has no brains."
He did this to start and carry out (has since done so) for months, his fiscal wake-up tour.
Mr. Walker has almost been begging congress (both parties) to take serious action against the $53 trillion dollar long-term debt,
congress has already committed us to.
Medicare, Medicaid, and Social Securitys present obligations will now give us this number without very, very serious revisions.
Mr. Walkers full GAO report says we are endangering our future security and that in the absence of the necessary revisions a combination of seriously reduced benefits and seriously increased taxes will be necessary and that the nation cannot possibly sustain the present course.
Neither candidate is addressing this in the manner it deserves to be addressed.
If McCain is elected and follows up on freezing all but the most vital programs, it would be the most important domestic move in years. Of course, he would have to have the power to do so. Using the veto might get him close.
If Obama is elected, his promised savings could not come remotely close to his promised spending. Believing it could come close, is simply looking the other way.
Its ironic, how much todays young people, will pay for todays profligate spending, by both parties, due to idealism and demagoguery.
"Any man who is under 30, and is not a liberal, has no heart; and any man who is over 30 and is not a conservative, has no brains."
-Winston Churchill
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