Sunday, January 25, 2009

George Will Laments the Death of Fiscal Conservatism

Time is Running Out

Respected conservative commentator George Will sounds the alarm on runaway federal spending that is certain to bankrupt the country. From Real Clear Politics:
If he does tackle the problem of the teetering entitlement system, he will do so at an unpropitious moment: Events are making reform more necessary while making it seem less urgent. A nation in which $350 billion was but the first half of the Troubled Asset Relief Program, and in which TARP is distinct from the perhaps $850 billion "stimulus" program, is a nation being taught not to take seriously sums with merely nine digits and two commas.
It's easy to fall into the line of thinking that because the federal government spent billions and billions on Wall Street banks, then they might as well spend money on everything from the auto companies to free college education. Hell, all democracy in America is about is voting blocs trying to get themselves chunks of government largess. Not many people are really taking the time to ask how all this shit is going to be paid for. I'm glad at least one respected guy is.

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