As expected, the “mainstream” media, lap dogs of the Obama administration, have been filling the airwaves with pronouncements blaming the economic downgrade of the United States by Standard and Poor on the “Tea Party.” These left wing talking heads fail to indicate that the House of Representatives passed the Cut, Cap and Balance bill, which would have cut the debt in 10 years by 4.5 trillion, and would have done this by cutting discretionary spending AND restructuring entitlements (remember the Ryan Plan?). But Harry Reid REFUSED to bring the bill to the Senate floor––– said it was “dead on arrival” without even reading it!
If it had not been for the Tea Party, no spending cuts, at all, would have occurred. It was only after the November 2 010 election that Obama suddenly realized there was a debt problem! It is his administration that has increased the national debt from about 10 trillion to about 15 to 16 trillion.
Since the Johnson presidency in the late 1960s, successive administrations, both Democrat and Republican, have been culpable in this budgetary debt cycle ––– forever promising more than the government could ever deliver.
The downgrading by Standard and Poor is a wake-up call ––– spending cuts and tackling entitlements must be undertaken NOW! Everyone will feel the pain and have to pay for our profligate ways.
The Tea Party is that long-suffering “silent majority,” which now refuses to remain silent. Their motto is stop the spending, stop the waste, unfetter the private sector, and reduce the role of government in our lives. They need to be heard, not castigated. Their way is the way to AAA.