By Shermichael Singleton

The president announced a 3.8 trillion dollar budget for fiscal year 2011. Now take a pause and allow your mind to comprehend what you just read, 3.8 trillion dollars. The plan is to create new jobs and “invest in the economy,” the government is basically going to spend its way out of recession.

I would like to know where this money is going to come from,it all sounds good and maybe under a good economy it would be good but how are we going to afford the presidents proposed budget.  “We’re going to pass a country to our kids’ that’s basically insolvent,” said U.S. Senator Judd Gregg of New Hampshire.

It seems Democrats fail to understand a pertinent point which is, when you’re in debt you can’t just spend your way out of it.Democrats have failed to answer these key questions:

1.      Where is this money going to come from?

2.      Are we borrowing it from one country or multiple counties?

3.      What are going to be our interest rates?

4.      How long do we have until we have to repay this money back?

5.      How much is it going to add to our ridiculously high deficit?

6.      Finally, is spending money we don’t have the only way we can “invest” in our economy?

I think those are crucial answer that the government owes the American people, after all it is us they are putting in debt. Democrats appear to be in a “state of denial” about how to get out of debt, it’s as if Democrats have a credit card with an unlimited spending limit and they keeps wiping and swiping away. The last thing you want to do is to add more debt to what you’ve already accumulated.

The problem is Democrats pass one budget and when that one doesn’t work they write up a new one and pass it. There needs to be one consistent budget with freezes in departments that are not critical to the overall operation of government of safety and defense of America and its allies, that freeze should not include education. 

Once this budget comes to fruition Democrats need to look at the full financial picture, which means taking into account that they will be handling this nations next generation of Americans a country that we simply we simply can’t afford. The debt ratio is going to equal to if not higher than the average American income and we can’t say we’re going to tax the wealthiest American’s because they only represent 1% and 1% can’t cover the other 99.

This “Illogical Optimism” of Democrats and President Obama does not fail to surprise me. I just don’t see it being plausible and I think many Americans would agree with me when I say, when you’re in debt the last thing you do is spend more.

The state of our economy is becoming gloomy each day, and  “Financial Catastrophe” seems near. Hopefully Democrats are held accountable for what may possibly lead to one of the biggest financial catastrophe’s in U.S. History.

Shermichael Singleton is the co-founder of the College Republicans at Morehouse College.  His political acumen and maturation is well beyond his chronological years. He truly understands the government and how it works in addition to the politics necessary to be successful at keeping America at the forefront of innovation, prosperity and Homeland Security. In a constellation of starts, he shines bright. Upon encountering him, you would immediately know he is destined for greatness.”

 Shermichael’s New Blog – http://singletonpost.com/