Stop Spending or Face ‘Apocalyptic Pain’

Inquiring minds are thinking there just might be hope that Americans are waking up to Liberal/Progressive/Socialist spending policies threatening the United States. Sen. Tom Coburn, R-Okla., has stood up to tell it like it is…and what it might be like in just a few more years:

“Apocalyptic pain” from an out-of-control debt could cause 18 percent unemployment and a massive contraction in the economy that would destroy the middle class, a leading Republican deficit hawk said in an interview that aired Sunday.

Sen. Tom Coburn, R-Okla., who recently issued a report on government waste, warned that the U.S. only has about three or four years to get its fiscal house in order or it could find itself facing austerity measures seen in Greece, Ireland, Spain, Portugal and earlier in Japan.

The Senator went on to describe what he sees happening if spending isn’t curtailed:

“The problem that faces our country today, the last 30 years we have lived off the future, and the bill is coming due,” he added.

The senator, who was recently elected to a second — and he pledges — final term in Congress, said he’s not trying to scare anyone, but eliminating waste in the federal government’s ledgers is imperative not just to prevent default but a massive implosion that he defined in catastrophic terms.

“I think you’ll see a 15 to 18 percent unemployment rate. I think you will see an 8 to 9 percent decline in GDP. I think you’ll see the middle class just destroyed if we don’t do this. And the people that it will harm the most will be the poorest of the poor, because we’ll print money to try to debase our currency and get out of it and what you will see is hyperinflation,” Coburn said.

“If we didn’t take some pain now, we’re going to experience apocalyptic pain, and it’s going to be out of our control. The idea should be that we control it,” he said.

What else really need be said?

Senator Coburn does. And it is very important. Please click on the link above to read about the proposed cuts.


2 Responses

  1. two things……..
    #1 as dr. coburn is my senator, i feel certain that he means what he says regarding his service in congress. he will not seek a third term.
    #2 i simply do not understand what bobbo so often describes as Liberal/Progressive/Socialist policy makers/people. the worse things get, the more emotion they put behind their failed policies. it is as though they embrace the prospect of 18% unemployment. it is as though they wish the US to become brazil or argentina. and yes, that was intended to offend brazil and argentina.

    • #1 Senator Coburn seems like a very decent man.

      #2 It goes by other names: Tax and spend, deficit spending, Nanny state policy makers, Statists, etc.

      I just feel that we should call a spade a spade and not come up with some French word to disguise, in this case, the people who are wanting to to create a European Nanny State.

      The only thing that has surprised me is that these people have been saying they would do this for more than a generation. And the American public seems shocked, that once given power, the Liberals/Progressives/Socialists have actually legislated that way.

      And, you’re right, these fools WANT the kaos to happen. Remember when President Obama said that “coal prices would naturally sky-rocket”?

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: