Congressman Warns of Greece-Like ‘Day of Reckoning’ to Hit America Without Course Correction

photo credit: gage skidmoreBoth Republicans and Democrats are going to have to do that [turn the country around],” Fleming said. “What I fear is we’re going to be too late, and we’re going to run into a Greece-like situation,where we have riots and unemployment levels are up around 11 percent. That’s what we’ve been trying to avoid.”

Ultimately, Fleming said he thinks President Obama should be the one who compromises with House Republicans – not the other way around.

“I think that we should not compromise,” he said. “We need to hold to what’s important, because the real danger for this country is our debt and deficit and the impact it’s having on the economy. Just because the president was re-elected – and certainly many of the things that he believes in and wants to do, the private sector and economy doesn’t agree with that. We just had a number of companies announce layoffs as a result of Obama being re-elected. The stock market didn’t take the news very well. I’m getting calls already from private business owners telling me that they are pulling their fins in, they’re reducing their debt, and they’re just going to go on cash flow – they’re not going to grow or invest or hire.”

Fleming is upset with House Speaker John Boehner for promising via an interview with ABC News’ Diane Sawyer that the House GOP will seek a “comprehensive approach” to immigration reform in the wake of Tuesday’s election. (RELATED: Lawmaker rebukes Speaker of the House John Boehner for making promises to the media)

Fleming said he’s upset Boehner made such a promise without talking to House Republicans about it first. Obama raked in the Hispanic vote en masse over Mitt Romney and Republicans on Tuesday.

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