On the recordApril 14, 2011
I thank the chairman. Imagine that you are on the bank of a river. It's deep in winter. It's a peaceful scene. You look out on the river, and it's frozen. There's a deep current of cold water under the ice. But then you see a small child, and he is walking out onto the ice. He doesn't fall, and he walks further out. You begin to warn the child, but he walks further out. As we know, the ice gets thinner the further out we go. And we are on that ice today as a country, and every day we take one step further out. And tragically, the young child falls through the ice and is swept away. That's what we're here to talk about. We're here to talk about the repeated warnings that we've received. Chairman Bernanke told us just last week that unless we act immediately in a long-term way, we will not have economic growth nor will we have financial stability. The Chairman of the Joint Chiefs of Staff, Admiral Mullen, told us that the greatest threat to our economy and to our national security is our debt. The IMF yesterday--this is unthinkable. They said of all the advanced countries in the world, our debt was growing the fastest, it was unsustainable, and it would lead to instability both here and across the world. Now, imagine those pictures of countries where the children are in economic distress where there's no stability. Those could be our children. Those could be our grandchildren. So with the warning today is a vote for our children and our grandchildren. We've heard the warning.…
Source
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