The “Debt Commission” Will Save Us All
What a circus. Obama is setting up a debt commission, actually formally named the National Commission on Fiscal Responsibility and Reform. Sounds fancy. The commission will bring in a few former politicians from both sides of the aisle to solve the countries fiscal woes. Do these guys get paid to be on this commission? Are we going into further debt in order to pay people to figure out how to get out of debt? How confident are you in that this debt commission will result in anything? Is this silly to you or just me?
Gotta love this… the commission will basically have no power. It won’t be able to force Congress to make any tough decisions. So, the result will likely be a shiny new report on how to get out of debt that will go sit on a shelf somewhere.
Here’s the answer. Stop spending more money than you take in. Every average Joe understands this. You don’t need to bring in two professional taxpayer dollar spenders to sit in a room for a year and brainstorm how to get out of debt. Just stop spending money! If you can’t agree where to stop spending money, then how about a 20% cut across the board? No, that would be too simple and it would make Americans think that we don’t need these genius politicians anymore.
If it weren’t so sad, it would be very funny.