The National Debt: Kicking the Bucket Down the Road

Article: The National Debt: kicking the bucket down the road

I wonder how many people actually read and gave deep serious thought to Paul Ryan's Roadmap to Prosperity. This article is not just another criticism of the Republican Budget recently passed by the House of Representatives. It is a serious sincere commentary on the future of our great nation.

Paul Ryan is excellent at explaining concepts and if you are looking for an easy to understand explanation of Ryan's budget, then I highly recommend reading his path to prosperity.

For those who have not read Paul Ryan's Path to Prosperity, here is the URL:

http://www.roadmap.republicans.budget.house.gov/

If you don't have time to read the whole budget, turn to page 42 and read the excellent concise summary.

In essence, Paul Ryan is correct. We, the people, are kicking the bucket down the road. Unfortunately, I recently realized that 'we' are not just the liberals.

Give it some thought. Although it is true that Paul Ryans plans for Welfare, Medicare and Medicaid are alarming, will Ryan's plan resolve our problems and pay our national debt? In order to form a conclusion about this, liberals must rise above their objections to Paul Ryan's plan, conservatives must look beyond 2022 and we must all remain objective and not allow our emotions to rule the day.

I'm sure all my readers are familiar with my objections to Ryan's budget. So what is the real problem? The real problem is that after 2022, we the people will still prefer to allow other nations to pay for our wars. This problem exists no matter which budget, Obama's or Ryan's, we look at. There is absolutely nothing in the budget to keep the US out of debt after 2022.

One good example is the people's aversion to taxes. People and businesses push for one tax cut after another with no end in sight. It's easy to see where this will lead us. In due time, the budget cuts proposed by both Ryan and Obama will be consumed by future tax cuts and wars. Hence, once again, we will have a crisis and probably return to the practice of borrowing money from foreign nations to finance our annual budget. So, in this sense, both Ryan's budget and Obama's budget are kicking the budget down the road. If you want proof, suggest a national sales tax to finance our war on terror and then listen to the feedback. The balanced budget amendment does not resolve this problem because people will still refuse any increase in taxes to pay for new or existing wars.