Star One Smart Blog's

Finally, today, front-page New York Times headlines breaks the news to the unbelieving Left:

Huge Deficits May Alter U.S. Politics and Global Power

Projections suggest there is virtually no room over the next decade for new domestic initiatives for President Obama or his successors.

There's the dagger in the Democrat's unwieldy and expensive Health Care plans. That remarkably grim line should stop Cap and Trade in it's tracks.

And how are Democrats ever going to get elected when they cannot promise new goodies to their base? What incentives will they have to offer now? No more promises of free lunches for Democrat voters! How will the Democrat Party survive?

From The Daily Caller...

White House Budget Director Peter Orszag didn’t exactly sound bullish about the prospects for health care reform when asked Monday how its passage, or non passage, would factor into the federal budget deficit.

“It’s a very small share of the more than $1.2 trillion in deficit reduction [over 10 years] that’s contained in the budget,” Orszag said, noting that he had factored in about $100 billion over the next 10 years as savings from a health care bill.

Orszag appeared to be downplaying the impact on the deficit – projected to be $1.6 trillion this year and about $9 trillion over the next decade – if health care does not pass. White House staff pushed back hard Monday against such a characterization, and pointed to numerous statements by Orszag saying that he thinks health care will pass the Congress.
But that looks increasingly unlikely. In any event, the $100 billion toward deficit reduction is only one of several items in President Obama’s budget that the White House says will cut down the nation’s budget imbalance, but which very likely might not happen.

Medicare, Medicaid and Social Security entitlement costs are growing without any new sources of funding. Those programs will, worst-case, fail completely; at best, they will have to be slashed and gutted.

Oh, and China's already said that the U.S. fiscal policy of "I'll pay you next Wednesday for a burger I'll eat today" borrowing methodologies, well, stink, and won't be workable much longer. We can't continue masquerading as a World Super Power whilst continually rattling the tin cup.

My friends, we, the nation, made up of us, the citizens of the United States of America, are broke. And we simply can't afford any more new spending sprees by Democrats. OR Republicans. Existing spending programs must be gutted, and our standard of living will plummet.

It's over.

Do you think our new overlords will let us keep our air conditionings?