If you were unnerved by the debt ceiling spectacle of the last month, where America came across like a Third World nation, get used to it. It’s a sign of things to come. Americans often talk about our uniqueness, of how we are a shining example to the world. When it comes to providing freedom to its citizens they are right. But when it comes to acting responsibly they are dead wrong.
There is no law that superpowers remain superpowers forever. In fact the opposite has always–always–proven true. Superpowers collapse under the weight of their own hubris and empire building. Remember when the sun never set on the British Empire? Of course not, it was too long ago.
Substitute the United States for the British Empire and you can predict the future of our country. We have gotten fat as a nation, both literally and figuratively. We want it all now and are unwilling to make any sacrifices.
Liberals, or Progressives as they prefer to be called now, think we can spend our way to prosperity and provide a massive social net for our weakest citizens. That’s a nice concept but the longer we delay difficult cuts to social programs just puts off more massive cuts in the future. Our current rate of borrowing is unsustainable so sacrifices have to be made now.
Conservatives think we can cut our deficit through spending cuts alone but simple math should tell them that is impossible. They love to make cuts to programs like Planned Parenthood; but those cuts are infinitesimal in relation to the total amount of spending that needs to be eliminated.
I applaud the Tea Party for focusing attention on our nation’s unsustainable debt but they’ve been drinking some of the crazy juice too. They are against raising taxes, which is just a selfish way of saying they don’t feel like paying debts which this country has already incurred. They call the debt “Democratic” debt, ignoring that a huge chunk of it was built up during the Republican administrations of Ronald Reagan and both Bushes.
The debt is neither Republican nor Democratic but American. We all owe it and we all have to pitch in to pay it back. That is one of the reasons that the Bush tax cuts need to be eliminated for everyone. But that would require a sense of maturity and self-sacrifice on the part of Americans that is woefully lacking these days.
By the way, the Chinese economy is estimated to pass the US economy in 2016, much sooner than had previously been expected. Sometime thereafter they will become the only global superpower. The politicians need to chew on that one while they are in a tizzy over cuts to domestic spending and a modest tax increase.