Letters to the Editor

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DEBT LIMIT: Congress playing a dangerous game

Letter by Brant R. DeLarme, Bonney Lake on July 11, 2011 at 11:25 am | 51 Comments »
July 11, 2011 1:44 pm

How is it that as our country speeds down the road to ruin, our leaders in Congress are using the impending disaster for political point-scoring?

Greece has been in chaos as the country flirts with default on its $413.6 billion deficit. Austerity measures including $20 billion of cuts and a similar amount of tax increases have the masses rioting in the streets. And the rest of Europe is poised to bail them out to avoid further economic disaster.

Here in the United States, we are less than a month away from defaulting on our debts, totaling more than $14 trillion. We are looking at several trillion dollars in spending cuts and revenue increases. There is no one big enough to bail us out if we fail. And if we default, we will drag the rest of the world with us to the hell that is a worldwide economic depression.

Yet there is no uproar. Our leaders, and the media “watchdogs” are more concerned with 2012 elections than 2011 debt crisis. President Obama calls the Republicans childish, and Republicans look for ways to blame Obama for everything, as Charles Krauthammer did in his column Friday.

Even the concerned citizens writing letters to the editor care more about the annual Fourth of July ruckus than the looming financial disaster.
No one is concerned because it’s all part of the game. But do we really trust our politicians so much we let them play politics with the fate of the world economy?

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