Nine months into the new fiscal year and five months into the presidency of Barack Obama, the federal deficit has hit $1 trillion for the first time in history. Take note, children, and stop goofing off in school, demanding feel-good, esteem-raising “A’s” for “C-minus” work. You’ve a heavy debt burden to finance over the course of your working lives, with a far heavier debt burden yet to come.
Democrats in the U.S. House of Representatives add to that burden with a proposal expected today for national health care legislation. While politicians play games with cost and with financing schemes that are alleged to include $155 billion in future savings from payments to hospitals, the truth is that whatever they come up with will exceed another trillion dollars over a decade. President Obama says those costs won’t be borne by the middle class. The Nancy Pelosi Democrats propose to get financing from “the rich.” Fat chance. “The rich” can avoid taxes, in part by moving cash to government-favored enterprises. It’s the wage-earner and the owners of mom-and-pop businesses that get socked.
Democrats have full ownership of national government, so they’re prefectly free to be as irresponsible as they choose. This is a key test, however, for a group of about 40 Democrats like U.S. Rep. Jim Marshall of Macon and to a lesser extent U.S. Rep. John Barrow of Savannah. Marshall represents a Middle Georgia district that’s competitive. If he gets too deep into Pelosi politics, he’s gone. About three dozen or more of his colleagues are in the same boat.
Ordinarily, because Democrats own Congress, leadership and the so-called “Blue Dog Democrats” play a game. When Pelosi needs them, they’re there. When she has votes to spare, they walk, voting with the opposition. A trillion-dollar entitlement built on funny-money and pretend-savings has to be too much for the Blue Dogs to stomach.
Right now, they’re all that stands between the ambitions of this generation of liberal politicians and the quality-of-life stealing debt burden being shifted to our children and grand-children. So, young esteem-seekers, when school officials offer to erase incorrect answers on CRCT tests of subject competence and replace them with right answers, beg them not to. You actually need to know the classroom stuff to get a good job (in government or health care, the ones that will be available) to help finance the enormous debt burden coming your way.