Thursday, March 11, 2010

The Two Sides on the Debate Over Spending

The recent demonstrations on California college campuses following the Tea Party protests of last summer bring up the intriguing possibility that we could actually see protesters against government spending and for government spending face off against each other in the streets.

Just the fact that people are protesting at all is probably a big step in the right direction as we've become a much too docile population over the last 20 years here in the U.S., but, multiple bursting asset bubbles and the realization by millions of parents all across the land that, for the first time in generations, the quality of life experienced by their children may pale in comparison to their own - all of this goes a long way in changing that.

The younger set seems to be pretty angry too.
The nation is looking to government for solutions and demanding action. DC has no way out of the dilemma it has created. It cannot afford to continue to appease the dependency it has produced nor does it dare to stop - rebellion would ensue.

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