Back on topic: debt.
How much is too much?
It is as if you, personally, overspent your personal income, by 50%.
You can only do that for just so long until you max out your credit cards.
And then what do you do?
And WHY did the President walk out?!!
There ARE limits to how much you can spend.
Some people really believe that the President is so powerful that he has a “stash”.
You CAN blame some of it on earlier years. But if the earlier debt was manageable but the current debt is NOT manageable, then you have to cut the spending.
Mr. Obama wants to spend MORE … but he is promising future anonymous spending cuts … with no current changes.
Oh, yes, he will cut the military … but, now, even cutting the military to ZERO will not balance the budget.
And taxing the “rich” [in reality, everyone with a job] … by a few more percentage points will not balance the budget, either.
When the Democrats controlled both houses of Congress, they REFUSED to pass a budget which is required by law. They were afraid to show the American people what they really had in mind.
So we need to address that President Obama refuses to discuss the debt problem in real life, and in real specifics, and in real time … meaning today, not next month or next year.