The author is disturbed by a statement made by Congressman Carl Perkins, a Liberal Democrat, regarding President Reagans budget cuts. The author believes that Perkins does not understand the state of the American economy and the potential consequences of not addressing it. The author also criticizes liberal spending policies and argues that President Reagan is more concerned with helping the poor than Perkins. The author is concerned that Congress has not yet made any cuts to government programs and urges President Reagan and representatives to take action to address the country's fiscal issues. The author also mentions the problems faced by Margaret Thatcher in Great Britain and warns that the United States could end up in a similar situation if government spending is not reduced.