No one here in San Diego, across the country, or elsewhere in the world, who has been closely following the news, is surprised that S&P downgraded this nation’s credit rating from AAA to AA+. The simple, bitter truth is that the United States of America spends money it doesn’t have. And S&P formally stated what the taxpayers of this nation have been saying loudly these past three years — you can’t spend us back to solvency.
The Tea Party was started in 2009 out of the growing frustration that our representatives in Washington DC were more interested in reelection instead of representation. The Republican Party had abandoned its fiscally conservative roots, approving more entitlement programs and agreeing to continue baseline budgeting that automatically increases spending levels. The Democrats, especially when they gained control of both Houses in 2007, dramatically escalated spending while rewarding their base constituencies. President Obama has seen fit to promote his vision of wealth distribution as he demonizes this country’s wealth producers and uses his regulatory agencies to harm our businesses. All of them stopped representing the average tax paying American. TARP, Stimulus, Cash-for-Clunkers, and Obamacare are prime examples of bi-partisan betrayal that set America firmly on the road to fiscal disaster.
This week’s bi-partisan Debt Ceiling deal was a bitter reminder that establishment GOP have learned nothing from the Tea Party uprising and the demands of the taxpayers for a more responsible government. It also shows that the Democratic Party will resort to vigorous hyperbole, fear-mongering rhetoric, and crass class-warfare tactics to undermine any call for serious entitlement reform. We applaud those who voted against the measure (including local representatives Duncan Hunter and Bob Filner), and we are ashamed of those who supported supposed ‘spending cuts’ that amounted to less than a day of Washington’s spending.
Exactly right. And it's not just Tea Partiers who are seeing through the budget B.S. Despite the deceptive way the media portray our spending and debt levels as necessary and sustainable, people across America can plainly see that they are neither.