Free Markets, Free People

Visualizing The Exploding Debt

Or, as predicted, taking the rocket sled to debt hell:

This is what America is protesting – at least those with an inkling of what’s going on. The “isn’t he dreamy crowd” – they haven’t a clue or, if they do, just don’t care. They’re the same bunch that call themselves the “reality based community” even while apparently always believing money does indeed grow on trees.

HT: Brown

~McQ

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11 Responses to Visualizing The Exploding Debt

  • They don’t think money grows on trees. They think that large companies and rich individuals keep huge safes full of it, and they think any shortfall can be made up by making those nasty folks cough it up.

    The idea that all that money is actually invested somewhere creating jobs, and that if they take it the jobs go away, literally never enters their minds.

  • “The idea that all that money is actually invested somewhere creating jobs, and that if they take it the jobs go away, literally never enters their minds.”

    Now I must make a small correction:

    Their idea of “jobs” is something that draws a paycheck, not necessarily something that produces something of value and adds to national wealth.

    That “something” is usually a government job for someone with a Liberal Arts degree that would otherwise be flipping ‘burgers. Someone Like Snot Herb.

  • This video is brilliant– and terrifying.

    It illustrates why we really should have been concerned at the way Reagan, Bush Sr, and Bush Jr (with plenty of help from both Democratic and Republican congresses) were increasing the debt. It also illustrates why the people attempting to portray the recent protests as either partisan or racist are barking up the wrong tree. If you can’t understand why people are frightened enough to grab their representatives by the lapels and start screaming at them to stop spending our money, you’re either clueless or so far into that bottle of Kool-Aid that it’s not worth wasting any more time trying to explain it to you.

  • DO NOT SHOW THIS TO LIBERALS, because they have the IQ of a sack of hair, and little things like this – called “facts,” confuse them and make them break out in a sweat and exude pus pimples. And we know what pus-pimply liberals can do to climate change.

  • Note as well that the debt means real changes in our foreign policy. We can’t have an interventionist, neo-imperialist approach to trying to manipulate events all over the world any more. We certainly can’t be offering unnecessary missile defense systems to meaningless East European countries. We have to make cuts — cut military spending dramatically, means-test entitlements, cut programs that aren’t working, and redo the budget completely. Both the right and left will have to give up things they cling to if this will happen. But the left will say “cut unnecessary military, but hold on to the domestic stuff because we need it,” and the right will say “cut domestic stuff but we need to keep up military spending,’ and they’ll compromise by cutting neither until we face real collapse.

  • Snot Herb sez:
    “We have to make cuts — cut military spending dramatically, means-test entitlements, cut programs that aren’t working, and redo the budget completely.”

    Out of those which one will get cut and which one’s will be RACIST if we don’t continue them?

    Hey, Snot!; which one of the above in in Article 1, Section 8?

    • You don’t even address the argument, you go off in some emotional tirade.

      Alas, that is typical these days, sadly.

      • IOW you have no answer to the historical precedents.

        Okay, let’s try just the last line: which one of the above in in Article 1, Section 8?

        Erb, we’re not your gullible students in here, and you’re just a teenager-between-the-ears fraud.

        • Your question is irrelevant to the issue at hand. Totally irrelevant. In fact, I have been known to mock the ridiculous position that somehow creating and maintaining an international neo-imperial foreign policy is rationalized by the fact self-defense is in the constitution. But the constitution doesn’t forbid other spending, it creates a legislature that makes those decision. So, really, you’re response is absurd.

          • Actually, it is within Congressional power to impose an imperialist foreign policy.

            It is not within Congressional power to impose massive spending sprees on huge government domestic programs (every program since the New Deal).

          • “But the constitution doesn’t forbid other spending, it creates a legislature that makes those decision.”

            Which of this part authorizes other spending?
            —————————-

            Section 8. The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

            To borrow Money on the Credit of the United States;

            To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

            To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

            To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

            To provide for the Punishment of counterfeiting the securities and current Coin of the United States;

            To establish Post Offices and post Roads;

            To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

            To constitute Tribunals inferior to the supreme Court;

            To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;

            To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

            To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

            To provide and maintain a Navy;

            To make Rules for the Government and Regulation of the land and naval Forces;

            To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

            To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

            To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;—And

            To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

            —————————————

            Are you on some medication we should be aware of?