“If we should default on our debt, terrible things will ensue.” But if “we continue to move toward more and more spending cuts, we will literally disadvantage the poor…”
about an hour ago and working families of America to the advantage of those who are well off.”
Sen. Dick Durbin, D-Illinois
1.) It is not a matter of “if” but only “when,” in terms of the issue of default. The longer we pile up the debt the worse the “when” is going to be when the “when” finally arrives. See,
2.) We haven’t embraced any spending cuts. Only in the DC world with the way they do base line budgeting can anybody use the word “cut.” We are increasing our debt 7 trillion over ten years. When DC says “cut” they merely mean a decrease in the normal increase. They do not really mean decrease. See,
3.) The poor are kept in their poverty through the subsidy of their behavior. We disadvantage and even create the poor through entitlement programs.
4.) The idea that wealth is a set amount so if some are advantaged others are disadvantaged is a Marxist myth. Durbin like all Democrats and most Republicans is a Marxist of one flavor or another.