America has two very serious problems: Its national debt and the refusal on the part of many to admit that the debt is actually, well, a problem.
Indeed, just listening to several prominent Democrats, you’d think that the nation’s finances were in order. Unfortunately, this just isn’t the case:
“Nobody can be convinced,” Glenn Beck told Fox News Channel’s Bill O’Reilly on Monday.
“You’re absolutely right that they’re in denial, which is why I had to get Alan Colmes’ attention,” O’Reilly added, referring to a recent argument he and left leaning Fox contributor Alan Colmes got into over federal spending and cuts.
“Alan is a nice guy, but he’s wrong on this,” Beck said.
“[Colmes] was kind of right, but in a total spin sort of way. And I don’t even think he knew he was spinning,” Beck added. “When he’s talking about cutting the money for the states, that’s not to help the deficit, that’s to collapse the medical system as we know it so everybody can be rushed into one single payer program.”
Meanwhile, top Democrats assure American voters that our debt problem isn't that bad. If anything, we have a “paying for things” problem.
“At one point several weeks ago,” House Speaker John Boehner (R-Ohio) told the Wall Street Journal’s Stephen Moore, “the president said to me, ‘We don’t have a spending problem.’”
“We have to make a judgment about what — how do we get growth with jobs?” Rep. Nancy Pelosi (D-Calif.) said during on Fox News interview. “That’s where the revenue comes from … So, it isn’t as much a spending problem as it is a priorities [problem], and that is what the budget is, setting priorities.”
“First of all, I want to disagree with those who say we have a spending problem. Everyone keeps saying we have a spending problem,” said Sen. Tom Harkin (D-IA). “Is it a spending problem? No, it’s because we have a misallocation of capital, a misallocation of wealth.”
“Does the country have a — the country has a paying-for problem,” Rep. Stenny Hoyer (D-Md.) said during a testy exchange on CNBC. “We haven’t paid for what we’ve bought.”
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