Inevitable? I hope not!

I'm not normally a big Patrick Buchanan fan....but this article in WorldNetDaily titled "Is America's Financial Collapse Inevitable?" asks some serious questions about the economic future of this country. Mr Buchanan quotes some pretty heavy-hitter economic thinkers who think that the current government policies, which have grown the government's deficit, will eventually cause the debt to grow larger than the gross domestic product; leading to the bankruptcy of our government and the collapse of our economy. Scary stuff! Particularly when the political realities, and trying to keep various voting blocks happy, preclude the hard decisions (cutting entitlements or increasing taxes) that will reduce the deficit. Really scary stuff.

I'm not an economist, nor do I fully understand the interplay of forces on our National economy; but I do believe that growing government (consequently growing government salaries) and growing entitlement programs when our National debt is so high violates common sense. It seems as stupid as using one credit card to pay off another credit card. Maybe our current crop of elected officials are too busy trying to please enough special interest groups to ensure their re-election that they've forgotten basic common sense lessons of life.