|This is the U.S. Economy|
|This is the iceberg|
- Debt is the issue facing us...
- Medicare is unsustainable in its current form.
- Medicare reforms are not being adopted...meaning if they are adopted later the fiscal shock and impact of those changes will only be worse.
- The Bush-Rove Medicare Prescription Drug Expansion is not as bad ask originally projected, but it is still running 60 billion dollars a year (and that will only go up as more baby boomers go into retirement).
- The Obama Administration budget is not addressing the underlying problems.
- A memo shows the Obama administration knew in 2008 how bad the economy was and continued on the current path anyway.
- Where are the jobs?
- We got nothing from the stimulus other than debt.
- Obamacare is making all of this far worse.
- Geithner admits the Dems have no solutions...
I am waiting for the GOP candidates to lay out why the Paul Ryan budget is necessary. They seem afraid to say it. I doubt the collision can be avoided, but I would like to think of these budget reforms as the Carpathia. The Ryan budget is not a radical solution, it is a minimal solution. Things truly are that bad.