A large problem distracted by a disgusting comment

I will spare the world another few paragraphs on the Helen Thomas controversy, as it was just an anti-semite being an anti-semite. We have all heard the Tony Snow “Thank you for the Hezbollah view” clip 50 times today and we have all heard the original “get the hell out of Palestine” clip throughout the weekend. Unfortunately, in today’s news cycle, the ramblings of woman with a proven track record of hate towards Israel distracts from more pressing problems- the oil spill, the job offer accusations, the Kagan confirmation hearings that will be starting at the end of June, a big primary day tomorrow, the economy, and the summer offensive that the Obama regime has planned to help restore the image of our glorious leader. All of this will be covered, not in this post, but over time.

No, tonight’s post is about just one of those issues that is buried in the middle of that long list of issues that have been obscured this weekend- the economy. Last Friday the BLS job report was released and it showed two things. The first is that Census hiring is going swimmingly for the government. There is no reason to be skeptical about these jobs being created by the government, other than they are temporary jobs that keep being created, destroyed, and then created again (allegedly). However, the waste and fraud that census workers and investigative journalist/criminal James O’Keefe have detailed is not the story here either (they are just beating a dead horse). The issue is a fundamental disagreement with what drives the American economy.

The issue at hand is the role that Government should play in the recovery of the economy. This is not a new fight, the role of government, but this recession might put the debate to bed for my generation if the status quo continues in Europe and in America. This is a story that is not being covered by the conservative media as much as it should, mainly because the sovereign debt crisis of Hungary, Spain, Ireland, Portugal, and the now bailed out Greece is not a simple and sexy topic. The Euro hit a 4-year low against the American dollar today and shows no sign of recovering anytime soon. Expansion of the public sector, increased deficit spending, and growing social welfare programs all played a role in this continental debt crisis. Spain, Portugal, and Greece all had their debt downgraded this past year, and this past week the President of Hungary has said that they have problems of their own. Italy and the UK are not far behind and the Eurozone is on its last breath. This situation is not contained to the European continent; this is a problem the whole of the western world will need to handle.

Europe is a glimpse into the future of America. I do not think we are at risk of defaulting on our debt in the near future (we are at risk of having our debt rating downgraded in 2013 which means it will cost more for us to borrow due to the perceived increased risk). When you look at what caused the problems that Europe is facing, then look at the rampant spending over the past decade and the policies of the current regime, one will see a troubling pattern. This should make clear one thing- the direction that the progressives in the three branches of government would like to see America go down has proven to be a path of great economic peril and it is playing out across the Atlantic right now. If America ignores the warnings from overseas, we soon might find ourselves in a much deeper problem than 9.7% unemployment and almost zero private sector growth.