Obama's risk

I read today that our deficit is 1.2 Trillion dollars. I don't care to debate who caused this, whether it is Obama, Bush or the Democrats and Republicans that control Congress. To me, the damage is done, it's how you deal with it from here on out. Democrats say you must spend your way out of this. Republicans say we must cut the budget. Even though for a while the Republicans spent like drunken sailors while in control, I have to agree! If I was running a business and I had maxxed out my credit and was barely making the payments, I can't see me going out and getting more cards and maxxing them out too! If you can't make the payments on Medicare and Social Security you don't borrow more money for a healthcare system an new roads and a high speed train that goes between California and Vegas!

We all know liberalism doesn't work! California is and has been the liberalism capital of America. They will run out of cash in 50 days and will be begging for money. Arnold tried to get through a cut in programs to get through this and the legislature wouldn't budge. I say let California go broke. Why should we help a state that wont take cuts in any programs? I feel sorry the ones stuck because their liberal politicians wont carve anything out of the budget.