In late July, early August, we will see commercials of single mothers being denied health care for their terminally-ill children, elderly grandmothers withering away in solitude in a gray, barren kitchen, and desperate husbands behind bars because they stole Viagra or Cialis.
OK…maybe not the last one.
But you get my point.
The health care debate is sure to be an emotional roller-coaster, because that’s what Liberals do. But before we get there, you have to consider where we are. And now is about as good a time as any to read David Walker’s op-ed in the Financial Times on America’s current financial footing…a footing so precarious even China is worried about our credit.
Walker’s commentary is by no means Republican propaganda…it’s a prudent, rational, and conservative approach to dealing with this issue…and it’s a good read.
“The US government has had a triple A credit rating since 1917, but it is unclear how long this will continue to be the case. In my view, either one of two developments could be enough to cause us to lose our top rating.
“First, while comprehensive healthcare reform is needed, it must not further harm our nation’s financial condition. Doing so would send a signal that fiscal prudence is being ignored in the drive to meet societal wants, further mortgaging the country’s future.
“Second, failure by the federal government to create a process that would enable tough spending, tax and budget control choices to be made after we turn the corner on the economy would send a signal that our political system is not up to the task of addressing the large, known and growing structural imbalances confronting us.
“For too long, the US has delayed making the tough but necessary choices needed to reverse its deteriorating financial condition.”
Bottom-line:
