Guest Submission by Susan D. Salisbury
There is one statistic that demonstrates the terrible fiscal problems we face as a nation: 43 cents of every dollar the federal government spends is borrowed. This is an historic high. The increase reflects the election of a Democrat majority congress in 2006. Prior to that, after an initial increase in borrowing under Bush II, borrowing dropped as the economy improved.
Those of us who run household budgets understand the disaster we are facing because of the unremitting insistence of the now far- left Democrat party to continue to increase borrowing and increase spending. We can’t do this in our own lives without eventually facing bankruptcy. There are no international bankruptcy courts that will allow our nation to get out from under the economic collapse that is sure to come if we do not curtail our spending. As Governor Palin has often noted, eventually we will run out of other people’s money and we will be unable to continue borrowing so that we can pay back what we have already borrowed. What we see on a national level is a gigantic Ponzi scheme that dwarfs the schemes invented by Mr. Ponzi and engaged in by Bernie Madoff. This one fact must be repeated over and over. Forty-three cents of every dollar of federal spending is borrowed. Sensible people know this cannot continue.
What the debt ceiling increase fight has taught us is that the Democrat party leadership doesn’t care. They want to keep on spending until the economy crashes. They are wearing blinders. The rest of us need not only to take our blinders off but to try to educate our friends and neighbors. Forty-three cents of every federal dollar in spending is borrowed. We need to keep repeating it until the fact sinks in. Like so many unpleasant truths, it takes awhile for people to absorb it.
This simple fact is why I am supporting Governor Palin for President. She gets it. She understands that we can’t just rein in spending, we need to cut it. We need an honest debate about how to make cuts and how to reduce spending without hurting people. But we must reduce spending. Just as we look at our own budgets critically and prioritize, we must do the same on the national level. Just as we decide that we can cut the clothing budget but not the food budget, that we have to maintain the car in order to get to work, but we don’t need a new one, we must make decisions on the national level. Should we be cutting graduate student aid for students in the sciences when more than half of our graduate students in those fields are coming from overseas? Should we continue to uncritically give Pell grants to undergraduate students who are making no progress toward acquiring a useful skill?
We also must realize, as we do in our own private lives, that the only way we can really pull out of this slump is to re-energize the economy. We need to examine destructive and impossible EPA regulations which will accomplish nothing in terms of increased health and safety and are effectively choking every business from our farms to transportation to our manufacturers. These regulations are and even greater damper on business growth than the tax rates. Again, Governor Palin has run a small business with her husband. She understands how unreasonable government regulations can hamper business growth.
We need to authorize oil exploration and development of energy resources. The Obama administration has done the opposite, putting a stranglehold on new drilling. Again Governor Palin gets it. Drill, baby, drill is not just a slogan. It is a program to put America back into a position of economic strength.
That we are borrowing 43 cents of every dollar we spend as a federal government summarizes the deeply destructive policies of the Obama administration. They have put us on a path to national bankruptcy. We need to turn this car around and head toward sensible policies that promote economic growth. We need to unchain American initiative and creativity from stifling and senseless regulations adopted by the EPA and other departments which protect nothing, help nothing and do not contribute to our health and welfare.
You and I need to let people know that the Democrat party of their youth, even the Democrat party of Bill Clinton has been taken over by the far left. Harry Truman’s Democrat party, John Kennedy’s Democrat party is gone. Now what we have is Howard Dean’s and Nancy Pelosi’s Democrat party. It is ideologically driven and cares nothing for the consequences of its policies and nothing for middle class and poor Americans who get in the way of their determination to build a Leviathan state that controls every aspect of our lives, from what we eat, to who we associate with.
The only politician today who has an understanding of the seriousness of the problems we face is our cheerful warrior, Governor Sarah Palin. We support her, not because she is a woman, or a Republican or good looking. We support her because she has a fire in her belly and knows where we, as a country, need to go.