The discussion in Washington has changed dramatically. I mean it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future.
Man spends his life in reasoning on the past in complaining of the present in fearing future.
The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy the GOP has been able to score political points with its argument.
We're not planning for the future. If we continue to spend ourselves into oblivion we are going to destroy this nation.
President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade with two and a half dollars of spending reductions for every one dollar of revenue increases and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.
We should all be concerned about the future because we will have to spend the rest of our lives there.
My interest is in the future because I am going to spend the rest of my life there.
Look to the future because that is where you'll spend the rest of your life.
The American people I talk to don't spend every moment thinking 'How can I tax my neighbor more than they're being taxed?' They say 'How can I get a good job? How can my kids get good jobs? How can seniors have a confidence in their future when they know that Social Security Medicare and Medicaid are bankrupt?'
Deficits mean future tax increases pure and simple. Deficit spending should be viewed as a tax on future generations and politicians who create deficits should be exposed as tax hikers.