"The budget should be balanced, the Treasury should be refilled,
public debt should be reduced, the arrogance of officialdom should be
tempered and controlled, and the assistance to foreign lands should
be curtailed lest Rome become bankrupt. People must again learn to
work, instead of living on public assistance."
- Cicero - 55 BC
So, evidently nothing.
Now that we the people have the attention of DC on Federal spending, are we sure they think as we do and mean the same as we do in cutting spending? This comment by John Crawford of Michigan speaks to how they are approaching the cuts in spending now (8/2/2011 debt extension), while passing off true cuts to future Congress:
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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.
You decide that you need a new car. The car that you want and would look really good in is a new BMW 760 Li. So you and your wife take one out for a test drive and you mentally park that Beemer in your garage. The one issue that you pause over is that the BMW 760 Li will cost you $107,412.28 - IF you paid cash for it; MORE if you finance it.
You go home and think about. The next day, you decide to be smart and go out and by a brand new Dodge Grand Caravan Mini-Van for $27,412.28.
You are now in debt for the $27, 412.28, PLUS taxes, insurance and interest payments - BUT YOU GET TO ANNOUNCE TO THE WORLD THAT YOU JUST CUT $80,000 out of your household spending!
Is there any surprise WHY very few Americans trust their government any more?