Monday, February 21, 2011

The Lesser of Two Evils...

Everyone seems to have a problem with the possibility of shutting down the government if the Senate and President reject the necessary spending cuts and budget amendments.They say it would do great harm to America by lowering our bond rating and not being able to pay our debts. Oo-h-h! That would be a disaster!

NOT!
For starters, any shut-down would be temporary. And we already "suffered" through one in 1995. The world did not end. I know - I was there.

But more to the point - and this is a point the Democrats are trying to keep silent - is that the alternative would be worse by a hundred-fold.

Consider - if the government shuts dwn for a few days, it hurts our credit rating. That's bad, yes. But if we do not get spending under control and cut the debt and deficit, we will lose a lot more than our Triple-A credit rating. We will be bankrupt.

To put it in perspective, it can be likened to the difference between lowering your credit rating because of late payments on your credit card, or going bankrupt and losing everything because you cannot pay ANY debts. Which is worse? A few late charges and a lower credit score, or losing everything?

That is the choice we are faced with. The conservative Republicans want to get our fiscal house in order, but if the Democrats make that impossible, then those conservatives would rather shut down the government than to go bankrupt. The Democrats would rather take it slow, in small steps.

But small, slow steps will not work. We are driving over a cliff - everyone understands that. The conservatives want to SLAM on the brakes and stop the car. The democrats want to tap and pump the brakes hoping they can avoid disaster simply by slowing down.

The next time you are headed over a cliff, or aimed toward a tree, do you think it would be wise to just "slow down"? No, because you will simply go over the cliff more slowly - but you WILL go over it.

I, for one, would rather not.

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