Will Mitt Romney Address the Looming Debt Storm?
Isaac plans to barge in the Republican National Convention as an
uninvited guest. He’s not likely to be much worse than some heavy
thunderstorms and heavy winds, but he will be seen and heard. The
convention delegates, alternates, guests and media personnel will try to
forget that Isaac is there as they get a heavily concentrated dose of
“republicanism” from the various speakers and videos that they will be
showing. These speakers and videos will highlight Obama’s atrocities and
make the case for a Romney presidency and get everybody fired up. While
the storm wages outside, those inside will be oblivious in a temporary
state of euphoria as they crown Romney their king.
But what about those other storms that the politicians’ teleprompters
and speechwriters rarely bring up? We have a debt crisis that has been
looming for decades that will only end in disaster if we don’t change
course drastically. I’m not just talking about the $16 trillion national
debt, which is bad enough, increasing at $41,000 every second.
Did you know that over the next 10 years, Congress will have to shell out over $6 trillion just to pay the interest on
the national debt? Did you know that in the year 2000, the amount the
federal government owed in entitlements (Medicare, Medicaid, and Social
Security) was over $20 trillion, and today it’s over $70 trillion, maybe
even as high as $120 trillion? These numbers are unfathomable.
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