Tuesday, March 20, 2012

The Road Ahead

What road will we follow to the future.  One that continues the policies that are quickly bankrupting the nation or the one that leads to financial sanity?  Today Congressman Paul Ryan released the House plan for the 2013 budget which reduces the federal deficit and puts the nation back on a responsible course that ultimately leads to the elimination of federal debt.  Consider the chart below posted today at the Enterprise Blog.

Wow!  What a difference.  I will not post the details of the Ryan plan here. That can be found elsewhere.  He does chart a responsible course that continues, but alters a number of essential programs.  What is the alternative?  Irresponsible spending that will crush the American economy.

In a statement released today, Bill Wilson, president of American's For Limited Government stated:

“Obama has added more debt in a single term than any president in American history — indeed, any leader in world history. By the end of this calendar year, the Obama Administration, through its policies, will have added $4.925 trillion to the national debt. That includes $185 billion of 2009 ‘stimulus’ spending and when Obama’s first continuing resolution went into effect at the end of the 2009 fiscal year.

“By the time his fiscal year 2013 spending has fully gone into effect, Obama will have added a full $5.823 trillion to the debt.

Consider the road we have followed over recent years and project this same activity out and consider the consequences.  Please watch the following video (you may want to click on the YouTube link to watch it in full screen).

Now is the time for change.  We must take action and support the Ryan budget or a similar proposal that stops digging us deeper into a hole from which we may not recover.

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