Once the disaster hits and it is declared, who has flood insurance or not doesn't seem to make much difference. It didn't seem to in Iowa in 2008.
And for the record, before anyone accuses me of only noticing debt when Obama came into office (which you did obliquely), that's not the case at all. I didn't support Bush's spending on bailouts and entitlements either.
Trust me, the new mantra (among others) who oppose America and hope that it fails is that suddenly debt is a new thing. At no point in U.S. history have we ever operated in the black, and if it was "sustainable" back then, why have we always operated in the black with no evidence of "sustainability?"
If that is money well spent, well then the majority of Americans who are happy with what is going on right now will be overjoyed!
There are different levels of debt though, which should be obvious to anyone interested in an honest debate.
Greece thought that their debt was sustainable as well. It's sustainable until it isn't, then you're F-ed.
I was also hoping that you would say that. Shall we review?
[ame="http://www.youtube.com/watch?v=D15K5CZAJJg"]YouTube- Joe Scarborough Says Voters See Limbaugh's Cheering Olympic Defeat as Indication GOP Gone Off "Deep-End"[/ame]
[ame="http://www.youtube.com/watch?v=ifpnK6Uwyqw&feature=related"]YouTube- Americans For Prosperity Cheer United States 2016 Olympic Bid Loss[/ame]
[ame="http://www.youtube.com/watch?v=XuYjWbAU2eU"]YouTube- Rush Limbaugh: "I hope Obama fails"[/ame]
I watched your YouTube links, just to try to figure out your point. In summary, Rush Limbaugh said that he hopes Obama fails, and then some people in a conference room were happy when Chicago didn't get the Olympics.
Remind me again how that has something to do with out of control government spending, and my opinion that it's unsustainable. Your answers thus far:
Government is getting bigger all of the time, everybody wants it that way
Bush spent a lot of money so Obama spending more is no big deal
Rush Limbaugh wants Obama to fail
Some people in a conference room were happy that we didn't get the Olympics
I'm not economist, so I may be understanding this wrong... but consistently spending more than you take in HAS to have serious reprocussions at some point, doesn't it? America can't borrow money and drive up the national debt indefinitely, no matter who is in power.