« War on Toys | Main | Fallen Hero »
February 3, 2005
Disappointing Democrats
I'm going to post more about Social Security and the SOTU address a little later, but I just got through watching the speech for a third time while reading along with the transcript. One thing stood out that I just can't wait to comment on. I should have done it last night, but I didn't want to fly off the handle.
The Democrats did their normal "no clapping", "no standing" thing for the political issues they disagreed with; but when the President used the word "bankrupt", the Democrat side of the aisle actually booed and moaned quite audibly. I'm sure that this was an organized effort and not spontaneous at all, but I need to point something out.
When your ASSETS are less than your LIABILITIES, you are in a de facto state of bankruptcy. To deny this is ludicrous. It's a fact that within the next 20 years (could be as soon as 13) the Social Security system will be paying out more than it takes in. They'll then start using the built up surplus and when that runs out, the system will still have more LIABILITIES than it does ASSETS. That my friends IS bankruptcy. Get that through your heads people.
If the program can't pay for it's promises, then it's bankrupt. To boo and hiss, doesn't change this. "Bankrupt" is a strong term, and we all know that it's not the "Government" that would be bankrupt, but the program itself would be. The Democrats don't seem to have a problem with this because they are not in power. So they are just going to moan, cry and save their filibusters for the Social Security vote.
Frankly, the behavior of the Democrats last night made me sick. This behavior is becoming endemic in the Democrat Party that they will position themselves on the opposite side of any issue the President seems to promote. We don't need an "opposition" party in the United States, what we need are two VIABLE parties. The Democrats don't seem to care about two viable parties and just are content to rage against the machine. Where do they get the idea that this is helpful? I just don't get it.
Ok, well, I'll post more later on this, but while I have you here, I'd like to point you to this blog. Especially this post. Take a look, interesting stuff. Oh yeah, and I love THIS.
--Jason
Posted by JasonColeman at February 3, 2005 2:59 PM
