Marcus Tullius Cicero provides advice to Washington

July 26, 2011

“The budget should be balanced. Public debt should be reduced. The arrogance of officialdom should be tempered, and assistance to foreign lands should be curtailed, lest Rome become bankrupt.” - Marcus Tullius Cicero 106 BC-43 BC

Honestly this is becoming too much for the average American to handle. We have complete dysfunction in Washington.

At stakes are a massive amount of US dollars not being paid, a spike in alternative currencies like bitcoins and gold and a whole new level of distrust of Washington.

The root of the problem is that the level of debt is unsustainable. This is what the fight is about. If we never committed to such huge levels of spending we wouldn’t have this problem in the first place.

But alas we do. We charged millions of Americans hard earned money over their lifetime for social security, now we have to pay them for what they put into the system but the system (the whole system, not just social security) is trillions of dollars in debt and now needs regular increases to our credit card limit.

At one point this party is going to crash. In many instances the tea party wants the party to crash now rather than later, in their opinion it’s better to take the medicine now. The problem is try telling that to 86 year old grandma that there is no more money for her.

We hear you Marcus Tullius Cicero, we hear you.

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Comments

  • Anonymous

    I wouldn’t call the past 30 years a party, but what do I know?