Runaway freight train

It seems the good people of California have had enough, in 1991 their state budget wass 51 billion, now the latest proposed by Schwarzenegger is $144 billion. That is almost triple in just 18 years, making the rate of expansion around 190% in only 18 yrs. Compare that to the federal government which spent 1.32 trillion in 1991, which is less than just the projected deficit of 1.8 trillion dollars this year for US taxpayers burden. That means since this fiscal year starting October budget is 3.6 trillion that spending has increased about 180% in only 19 years, that is about 8% increase per year, which oh by the way is almost as ludicrous an increase as California.
Many people have tried to pooh pooh the tea bag demonstrations against bloated government spending at the federal level. Well what started as a spark setting off a brush fire could build into a fire storm, as more people become educated about the sheer size of California's and federal budget deficits. They are such large numbers that at first they are mind numbing, but once you start breaking down the household share of that debt , all of a sudden it gets closer to home.
In 2000, federal debt was about $16,500 per person, not counting unfunded Social Security and Medicare obligations which would add another $13,000 per person as of this year. By September 2008, fed debt per peson had climbed to $33,000 per person, not counting medicare and pension obligations. By the end of September 2009, fed debt per person will be $42,000 per person. Projections by the Congressional Budget Office are at the current rate of proposed spending, at only 63 billion per year additional that Obama set aside in budgeting for healthcare, that in 10 years will be $75,000 not counting unfunded obligations. That is $300,000 per household of 4, compared to $66,000 per household in the year 2000.
Does anyone think that this level of spending at the state and federal level is sustainable without bankruptcy? More and more people will soon start expecting a higher interest rate for state bonds and US Treasury bills to take this level of risk. In other words Congress is creating a bubble of spending that is no more sustainable than the housing bubble was. This time the deadbeats are our Congresspeople. They are subprime borrowers. Worse yet they print more money if they cannot borrow fast enough, which makes the dollar less valuable, which creates inflation that will eat away the value of your salary, the amount of good that a dollar of federal spending can do for anyone. Consumers have tightened up, they are starting to save, economize and act fiscally responsible, thank goodness. It is time to demand that Congress do the same, that is what the voters of California trying to send a message by defeating these ballot measures to raise taxes. That is the same message that those who attend the tea parties are trying to send. DO NOT BANKRUPT US, SO THAT THERE IS MONEY LEFT TO SPEND FOR OUR CHILDREN AND GRANDCHILDREN. DO NOT SPEND IT ALL NOW. DO NOT SQUANDER THEIR INHERITANCE.