The American public: Debt ignorance

Good grief.

I didn’t realize the general public was a stoopid as the Boulder progressive elite.

More than 7 in 10 respondents say slashing foreign aid and pulling troops out of Iraq and Afghanistan would result in substantial savings, and large majorities back such moves. Yet foreign aid accounts for about 1 percent of federal spending, and the Pentagon requested $159 billion for the wars in Iraq and Afghanistan this year, less than 5 percent of Obama’s $3.83 trillion federal budget.


Fewer than half of respondents say cutting Medicare benefits or raising the age at which Americans receive Social Security retirement benefits would have a large impact on the deficit, and only 2 in 10 favor cutting Medicare benefits. Such entitlements account for about 40 percent of the budget and are the main drivers of the long-term deficit.

Before I damn the Boulder progressive elites too much, I’ll give Daily Camera columnist Clay Evans credit in an editorial last July where he points out…

Dink-and-dunk cuts to education, agriculture or whatever won`t do the trick. There are exactly four approaches to reducing our (yes, they belong to you and me, not some distant entity called “government” ) deficits: cutting Medicare, which is the biggest concern, Social Security, military spending, raising taxes, or some combination.

I’d rather have a colonoscopy than agree with Clay but from a big picture point of view it’s hard to argue with him. 

America is about to get what it deserves and it will not, will not, be a pretty picture.

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