Debt Commission Report...Incomplete

Once again, the people who caused the problem are quick to come forward 
with solutions.

This time it is the Debt Commission which was created earlier this year to 
provide recommendations to reduce the debt our country  has incurred in 
the last two years.

In a nation addicted to spending without regard for where the money is 
coming from or how it can be repaid it should be no surprise the position 
we find ourselves in.

But, to believe these people are capable to curb their addition demands 
more than what this commission is proposing.

Even now, our Congress circumvents legislation which requires it to 
"pay as we go" to spend more than we have. So whatever legislation
gets enacted provides little confidence anything will change.

For Congress to go through the recommendations and pick  whichever
can be passed will do little to strengthen the economy. The problem is 
worse than reducing our debt by any amount, it requires much more.

To look at a total debt, in the billions, and select a target, 1,2,5 billion in
reduction may look good in theory, but what actually happens when you 
implement policy must be considered.

The primary driver to debt reduction is revenue growth which occurs when
more people are employed, which occurs when more businesses hire, which
occurs when there is a greater demand for goods and services.

None of the recommendation I have seen will engage this driver and we will
remain dependent on the discipline of the people we elect, something which 
rarely occurs and mostly disappoints.