We are less than six weeks away from what could well be the most important U.S. Presidential election of the 21st century. The choices should be rather easily made by any unbiased person.
In terms of the big issues, two of the most important issues need to be stated. Barrack Obama believes in a form of Keynesian politics where a country can spend its way out of debt, and believes that the solution to our debt problems, which are rated a top concern by a great number of Americans, is more spending and borrowing. Obama wants to borrow another $1.2 trillion this year, making our debt in the $17 trillion range. The debt to gross national product ratio that Obama is creating is the worst in the last 50 years.
Republicans are directly accusing Obama of being irresponsible for causing an increase in debt, which has been something like $6 trillion dollars in less than four years, and are making a point that the debt is being passed on to our children and grandchildren. However, one of the most irresponsible components of Obama’s tax and spend policies is the fact that the interest on the debt alone approaches $2 billion a day, or $730 billion annually. Many question whether or not America can carry the burden of the interest, much less expand the debt more and pay more interest.
On the other hand, we have Mitt Romney who is focusing on cutting America’s debt and creating growth which would provide greater tax revenue. Romney wants to make the tough choices to get rid of waste in American government and the duplication upon duplication of many programs and, in general, cut the fat off the pig that is gorging itself at the trough. That pig doesn’t care what is left – all it wants is to stuff its own belly without concern for anyone or anything else.
Facing a debt tsunami which will take us over Niagara Falls – the tallest falls in North America – for potentially the greatest desolation of military and economic power ever. Although the greatness of America may be fading in the eyes of some, to others our greatest achievements are yet to come.
A strong national defense is essential in a dog-eat-dog world for maintaining the strongest military in the world. The shining city on the hill is a dream for the future that has not passed. Because the choice for America’s direction is so crucial at this time, voters must be well informed and make sure the candidate going in the best direction for the vitality of America is elected President this November.
By D. Lindley Young