As was said, if it were a business it would be forced to live within its means. The government cannot bail out the government like it has so many other things. Someone needs to pull back on the reigns.
As a dry joke, maybe Egypt will tell Obama to leave the US.
People can easily revolt. If that happens, everyone hold onto your hat. I don't want to make more jobs with the ways the government says I have to do things. Far as I'm concerned, we have already defaulted in a sense. My state still hasn't even sent my tax refund yet since April.
How many times have each of us driven past a government crew working on the roads where six men are just standing around while one person is working? Everyone has all these government vehicles to drive around all day. The gov needs to be run like a business. Busing is one of the biggest jokes I have ever seen. It is just not too big to fix.
Tell them all their salaries and benefits, along with their retirements, are at risk before anything else and they will make this work.
Don't threaten social security checks: threaten your own check first. Don't threaten workplaces: threaten their offices first. People used to serve this country for free. Now people spend millions to get elected. Something wrong with the entire system.
Telling youth they will never see a social security check while taking money out of their checks for it is fraud. Fix it, don't just keep throwing water into a sinking boat. Let them do what is right or let it default, as there are those that can fix this. They may not be Congress or the Senate, but there are those that can fix this without them.
Economically, it would be a worse disaster than one could imagine. However, it would be much better down the road than where they are now heading.
Socially, I cannot but guess.
Politically, it may bring about a new government that can fix things to where they need to be over the next twenty years or so.
Globally, Iran will step up to try and help destabilize and take over as much as possible. China may well lose out, too, as our buying will slow which will also slow their factories where we have sent most our jobs. World security would take a bad hit. Helping to care for the needy around the world would slow to devastating results, hoping other countries would step up and roll their sleeves up to help.
In decades to come, it will only keep getting worse if the overspending is not stopped.
We have a great country. People during and after WWII were on a mission. Many more people percentage-wise care only about themselves and theirs as compared to many years ago. We worked our way out of it before. People cared more about this great nation than they do now. I think this requires a different mindset, possibly brought about only by leadership focused on just that. Unfortunately, I do not see the leadership we currently need capable of bringing us back together in the crisis we are facing. Calling our Senators and Congresspeople sounds really good, but in reality they should already know what needs to be done and they should do it. The cuts should start with themselves.
