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January 13, 2012

"We've never been here before." "We've never been here before."

Topics: Political News and commentaries

Quin Hillyer on U.S. Sen. Jim DeMint's (R-S.C.) new book and its emphatic warning to America regarding the nation's exceedingly precarious fiscal condition:

On the phone on Thursday, U.S. Sen. Jim DeMint (R-S.C.) was politely emphatic: "We've never been here before." And again: "We've never been here before."

"Here," in DeMint's parlance, was the nation's exceedingly precarious fiscal condition, exacerbated by a fast-approaching political tipping point as well; together they indicate that "the 2012 election will be a make-or-break moment for America." That last quote is from DeMint's new book, released this week, called Now or Never: Saving American From Economic Collapse. In an extended interview on "The Daily Show" with Jon Stewart this week, Stewart complained to DeMint that the book contained too much "apocalyptic" rhetoric, and that people like him on the left side of the spectrum would be too turned off by such rhetoric to consider the book's substance.

To which, DeMint basically told me that he didn't mean to be apocalyptic -- just accurate.

"The whole point of the book," he said, "is to help create a sense of urgency, but in a way that calmly and rationally goes through the facts of where we are and why we're here. The key statistics, about the debt relative to the size of our economy and relative to the projected size of our economy in the future, are alarming." With the debt of $15 billion now equaling the size of the entire economy, he said, he looks at it like a businessman looking at his balance sheet and realizing that "our short-term debt is as large as our annual sales, plus you have to borrow even more money every day just to keep the lights on." Such a situation, he writes in Now or Never, is "demonstrably unsustainable," and it is "insane."

Take the time to read the rest. Then read DeMint's book. Both are well worth your time.

As DeMint points out to Hillyer in their phone conversation, we still have time to turn things around economically, but only a small window of time before the debt is too onerous to overcome -- and that only a small political window is open as well. Nearly 20 percent of Americans are working for governments at one level or another; another 20 percent are largely dependent on Social Security and Medicare; and another 10 percent are on some means-tested welfare program and completely dependent on government for their daily bread -- and many of these groups are fairly well organized politically, so getting them to vote for less government is increasingly difficult.

I don't think its much of a stretch to say that 'getting more and more people dependent on the government and getting them to vote for less government increasingly more difficult' has been the Democrat's objective all along.

Posted by Hyscience at January 13, 2012 8:14 AM

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