Grandma Pelosi likes spoiling the grandkids

The ink is not dry on the Presidents fiscal responsibility commission report and already Representative Nancy Pelosi (D-CA), current Speaker of the House has criticized the report as “simply unacceptable.”  She apparently wants a plan that protects children, the middle class and seniors while lowering the deficit and protecting Social Security. Hey, who doesn’t? I want a forty-foot yacht too, but that is as likely as progressives saving the world with the earnings and accumulated wealth of those who earn over $250,000.

Mrs. Pelosi is like a kindly grandmother living on Social Security who cannot resist spoiling her grandchildren regardless of the consequences to her or the grandkids. However, in this case, grandma is not using her Social Security check, she is using yours.

Significant changes in future Social Security benefits are on the table (likely falling off when politicians, unions and the AARP get in the act). Taxing all earned income for Social Security purposes not just up to a certain limit, gradually raising the normal retirement age to 69 and changing benefits for some Americans (higher income of course) are also mentioned.

What really are “simply unacceptable” are politicians who just do not get it. Entitlements must be paid for, entitlements create dependency, entitlements grow because it is politically expedient, and entitlements cannot be paid for simply by taxing the wealthy or the young.

The U.S. is in serious financial trouble and at risk due largely to politicians of both parties meddling in the system while ignoring the unintended and long-term consequences.

Here is the real message to Americans. Your lifestyle is going to change; you better save and save and save. You had better figure a lifestyle based on paying more in all kinds of taxes and fees…and that is the truth.

You can thank irresponsible shortsighted politicians at both the state and federal level for the current fiscal mess. However, many Americans must agree with the progressive agenda of spending, taxing, and expanding entitlements. Somebody reelected Pelosi, Frank and Reid.

Taking care of everyone except the “wealthy” of course is tempting, unaffordable, but very tempting. We have only to look around the world to see the consequences, but no matter the United States of America is different…

Grandma, I want an electric train for Christmas (with federal subsidies).