US Politics - Republicans: Repent! - by Lliana Mercer
Bush handed Obama "almost $11 trillion in Treasury debt, and deficits of more than $1 trillion." "W" also looted at least $1 trillion from the insolvent Social Security trust fund. His contribution to the mortgage meltdown cannot be overstated. Only a few months back, Republicans now baying about Obama's spending voted for Bush's $750 billion bank bailout and, earlier last year, for his "Stim." As did they go along with the trillions Bush poured into wars and other welfare. Nor will the incessant squealing about the country's slouch toward European-style socialism do. It only masks the real problem. Their highly socialized societies notwithstanding, Europeans have not been nearly as fiscally reckless as Americans. What does it say about the U.S. when the prime minister of "statist" France, François Fillon, "rejects demands that the French government seek to stimulate consumer spending … to lift France out of its economic slump"? In a speech in Lyon, Fillon fumed that "it would be irresponsible to choose another policy, which would increase our country's indebtedness."
The defining characteristic of the Unites States is debt – public and private. America is a debtor nation. Socialism is secondary to state squandering – and a consequence of it. Said Saint Augustine: "The confession of evil works is the first beginning of good works." The US Republican Party has done the devil's work. To embark on the good, it must come clean about the bad.
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