Republicans are warning that if President Obama's spending plan is passed and implemented, Americans can look forward to a future where dollar menu chicken nuggets have to be purchased with a wheelbarrow full of near-worthless currency.
Soothsaying publicly, Senator Judd Gregg, a Republican from New Hampshire, shared this:
"The practical implications of this is bankruptcy for the United States. If we maintain the proposals… over the 10-year period that this budget covers, this country will go bankrupt. People will not buy our debt; our dollar will become devalued."
Meanwhile, Barack Obama was seen laughing his smug little head off Sunday night on 60 Minutes, the cranky old bastard's answer to The View. What's next, Dancing With the Stars? The President’s vaunted calm under pressure increasingly fails to inspire confidence, as he’s coming off as a dude who’s veins pump liquid Lunesta. It's a con, in the same way Dubya's sunny, consumerist optimism was just another dishonest pose from another clubby politician.
And yet, Republicans continue to win the Disingenuous Political Hack Award, since they refuse to acknowledge their own policies were also based on running up debt like a spoiled princess burning up Daddy’s credit card at Hot Topic. The only difference, of course, is that the Obama administration is throwing money at America, and specifically the special interests responsible for filling the Democrat's war chests. And the Republicans liked throwing money at wars, which are far sexier than building roads or passing out bouquets of condoms or subsidizing therapeutic Hippie drum circles.
Both parties are equally guilty of running up deficits, and it doesn’t matter who, or what industry, they benefit if the end result is American bankruptcy, or hideous inflation on par with pre-Nazi Weimer Germany. If both parties are addicted to wasteful spending, and we’re going down anyway, I’m going to lean Neo-conservative and say let's spend the loot on more wars.
I'm looking at you, Luxemburg.
Tags: 60 Minutes, Barack Obama, Economy, Germany