This is a word that we had never heard up until about a year ago, now it is the word of the day where financial stability are concerned. It always seems to have a bad connotation though I’m not sure why. Does “rampant spending” have a good connotation? Just because a government has spent like crazy before this and as a result has seemingly given it’s people some wonderful life, as though there would never come a time to pay the piper, doesn’t mean that time won’t come. It seems that time has come.
We used to use other words when it came to the concept of austerity. We called it responsibility, and budgeting. For some reason these words have become like dirty words. These are words that should never be spoken. Let’s face it if you’re spending more than you know you can ever afford to pay back then it is time to do the only sensible thing, cut your spending everywhere you can till you can get it back to a level you can afford.
The fact that they just can’t rein in their spending is a good indication that they really are out of touch with what it’s like to live as a normal American and have a budget you need to live within. Because of this we really need to get the whole batch out. If they’re only solution is to raise tax and they refuse to do any real cuts then it’s time to get them out of office
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