There are three major factors that stand in the way of entitlement reform and the other responsible budgetary measures that must be taken to avert an eventual national financial catastrophe, and they have a common source.
The first is that too many American people remain, amazingly, in the fog about the scope of the problem. The second is that a certain political ideology refuses to substitute a designated driver for the intoxicated entitlement state, which is driving the American bankruptcy bus. The third is that the leader of this noxious ideology has a further conflict of interest precluding a solution to the crisis, which is that he is hellbent on inflicting harm on the only political party pushing for reform and on successful entrepreneurs, who are critical to economic growth -- a key component of any reform measure.
The source behind all this? That's right, President Obama and his merry Democratic Party leaders.
Our national debt problem is an objective fact and something no one should have to spend time spilling ink to document. Responsible citizens have a duty to apprise themselves of this fact, and their political leaders have a higher duty to bring it to their attention. Yet we continue to see egg-headed liberal fantasy economists, Democratic politicians, liberal commentators and liberal Twitter dabblers denying the problem -- as if the sheer righteousness of liberal ideology trumps the universal rules of simple math.
In February, the Congressional Budget Office published its latest numbers on the nation's spending, taxation and projected budget calculations. The results are sobering but hardly shocking for anyone who hasn't been asleep or inebriated with liberal spin.
Our national debt is now well over $16 trillion and is expected to grow by roughly $1 trillion a year over the next decade, to some $26 trillion in 2023 -- all while President Obama is warning of dire consequences from budget "cuts." The fiscal picture grows much uglier after that because of the ever-growing entitlement explosion. To deny that this is unsustainable is to deny reality. To downplay this looming disaster as a short-term problem or a bump in the road is insane and immoral. But that is essentially what President Obama does.
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