Thursday, October 20, 2016

Debt, Entitlements, and Economic Decline

I'm travelin' down the road and I'm flirtin' with disaster
I've got the pedal to the floor, my life is running faster
I'm out of money, out of hope, it looks like self-destruction
Well, how much more can we take with all of this corruption
--Molly Hatchet

It took until near the end of the third presidential debate before a moderator questioned the candidates about their positions on the federal debt and the entitlement programs that are its primary drivers. That the question took so long to be asked reflects the sorry state of the State.

As expected, neither candidate proposed or debated fresh ideas on debt or entitlement program reduction. In fact, both candidates, by either direct reply to the debate question or by indirect implication from previously stated platform policies, intend to champion entitlement program expansion should they occupy the big chair.

Our Thelma and Louise moment draws ever closer.

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