I don’t pretend to be an expert in economics. It doesn’t take an expert to appreciate that the national debt is the single most challenging problem facing our country at this time in history. During the election of 2008 McCain even “suspended” his campaign to focus on the economy. Gas was $4.00 per gallon, the rate of unemployment was frightening, Wall Street was a disaster, banks were in crisis, the auto industry was on the verge of bankruptcy, and health care in the United States was more expensive than virtually any other country in the world. In 2008, the combination of George Bush Jr., and the economy, was a recipe for disaster for the Republican Party.
Students of history know that certain facts incontrovertible:
1. Our nation began its existence in debt as a result of the Revolutionary War.
2. Before Jackson left office he was successful in reducing the national debt to $18,000.
3. Debt increases from every major war, and debt has virtually never been reduced since Jackson.
4. Since 1946, Democratic presidents increased the national debt an average of 3.2% per year.
5. Since 1946 Republican presidents have increased the national debt by an average of 9.2% per year.
6. Republican presidents, Reagan, Bush, and Bush II raised the debt an average of 10.8% per year. That means that for every dollar a Democratic President raised the national debt in the last 30 years, Republican presidents have raised the debt by $2.52.
7. Since 1961 the debt of the United States has never gone down.
8. The United States is borrowing more money than all other nations on Earth combined, so that we can spend more on our military.
9. The national debt has grown and continues to grow at an unsustainable rate.
10. In the past 60 years, when the Republicans were in control of the presidency and both Houses of Congress, neither debt nor government spending was reduced.
Given this historical analysis, and incontrovertible facts, we realize that:
- The debt of the United States is unsustainable.
- The solution to the economic woes of our country will require the cooperation of the President and both Houses of Congress, and elected officials who are committed to finding solutions to economic troubles facing the country, instead of increasing their own personal wealth.
- Increasing military spending and cutting taxes are not consistent with reducing the national debt.
Sarah Palin has sold herself repeatedly as a “fiscal conservative”. How many times have we heard Ex-Governor Palin giving a speech about cutting taxes, increasing military spending, and concurrently reducing the national debt, without offering any explanation about how she could possibly accomplish those conflicting goals? Because people agree with those goals, and don’t think about the practicality of balancing the budget, people like what they hear when she speaks. All the time, Sarah pockets $100,000 as a speaker’s fee, for each of these appearances. Who would argue with lowering taxes, protecting our country from foreign enemies, and balancing the budget? We would all agree with Palin if she had a way to make those things happen.
She doesn’t. She doesn’t even offer a potential solution. She only offers criticism of the politicians who have committed their lives to solving the problems of the country. She has argued in speeches that the Democrats have been irresponsible in their efforts to bolster the economy, and yet the reality of her limited experience in Alaska was the opposite. When Palin resigned as Governor, Alaska was the state with a 70% debt to GDP ratio, which was the highest state debt burden in the country. If we are truly patriots, we must learn to recognize the motivations of people who are happy to take advantage of our fellow citizens. We must learn to stop contributing money to PACs that divert money to the founders of that PAC. Webster defines “mercenary” as a person who will do anything for money. Initially I thought of Sarah Palin as a pretty, incompetent politician. Now I see her for the mercenary that she is. Republicans, Democrats, and Independents must be united in our struggle to expose and defeat any mercenary who might attempt to destroy our country, for their own personal financial advantage.