By Bob Parks ——Bio and Archives--December 7, 2011
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We’re going to have to take the underlying assumptions for inflation and we’re going to have to peg them more to real wage growth as opposed to the consumer price index, and I would say phase in to the higher income categories a little differently and I would say there will be a shared sacrifice. There will be a shared sacrifice in this country. — Jon Huntsman, The Heritage Foundation, bloggers briefingYo Jon, while I understand the need for a way to pay off all the debt that’s been built up over the decades, don’t guilt the American people as something we need to do because we’re totally responsible. Politicians on both sides, as a way to suck up to their constituencies, paid them off with lavish labor contracts and pensions, social programs, government contracts and other expenditures they knew we ultimately couldn’t afford, but did so anyway for their own political self interests. If it were up to me, a lot fewer people would be sacrificing and a select few would bear the responsibility.
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Bob Parks is a is a member/writer of the National Advisory Council of Project 21. Bob’s websites are Black & Right and youtube.com/BlackAndRight