On the recordJune 9, 2010
I think you're an optimist. I really do. I'm not so sure that our children and grandchildren will live at a lower standard quite the way you're talking about. I'm not sure that this is not going to create a more catastrophic kind of crash, where the whole credit system of the United States--if your Treasury bill is no longer any good, you have, by definition, just crashed your airplane into the ground and it's going to ruin your whole day. You are talking about a crisis unlike anything we have seen ever in our history. That is what is potentially there. I don't think we should be overly dramatic about it, but this is really serious stuff. And what this cartoon is trying to point out is that there are a whole series of Obama policies; every single one of them is diving the plane faster and faster toward the ground. First of all, there was the Wall Street bailout. Then there was the stimulus bill, which was supposed to create jobs. We saw how well that has worked. The private job creation is in the dirt, and we are creating all the jobs by hiring government bureaucrats who are paying more than the poor guys working in the private sector. That doesn't work. And then you've got this cap-and-trade. "Cap-and-tax" is what I call it. It was passed out of the House. What a mess that is. I am an engineer by training. It is supposed to save us from global warming, but all it is, is more big government and more taxes. Fortunately, the Senate is not dumb enough to have passed it yet.
