The Gross National Debt

Wednesday, September 7, 2011

The incurable optimist shot down again

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http://business.financialpost.com/2011/09/07/obama-to-propose-300b-jobs-package/
Apply constantly.

Sep 7, 2011 – 11:14 AM ET
 
"WASHINGTON – U.S. President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans some US$300-billion in tax cuts and government spending as part of a job-creating package, U.S. media reported on Tuesday."
Sing with me!

I read this opening and was immediately happy. TAX CUTS! Here, I felt, was something the president was proposing which I could support. HUZZAH!

Ah foolish me. I am an incurable optimist. I'm really looking for something where I can support the president. But, I forgot of whom I was reading. Comes the remainder of the sentence - more government spending. No more happiness, only some wariness.

"The price tag of the proposed package, to be announced by Mr. Obama in a nationally televised speech to Congress on Thursday, would be offset by other cuts that the president would outline, CNN reported, citing Democratic sources."

Ah. So we have to wait and see what he proposes to cut. OK. I can live, albeit not very happily, with that. But if you expect me to believe he's gonna propose REAL cuts as opposed to not raising spending in the future, naw. I just look stupid.
Looks can be deceiving.

He IS NOT going to propose spending cuts. Watch and see. He's gonna propose not spending more in the future. This is not a spending cut, unless you live in Fairyland or Washington D.C.


Spending cuts mean you quit spending money now. Except in Washington.

"Bloomberg News said the plan would inject more than US$300-billion into the economy next year through tax cuts, spending on infrastructure, and aid to state and local governments."

This is Washington-speak for "we're not cutting spending, but we are raising taxes." Wanna bet? Keep reading.
We now have his signature on his lie.

State and local governments need to learn to take care of themselves. If they ain't got the money to do something, it don't get done. Quit leaning on the federal government. Why do taxpayers in California need to pave a rural road in South Georgia? Why do taxpayers in Alabama need to pay for a Bridge to Nowhere in Alaska?

"Mr. Obama would offset those short-term costs by calling on Congress to raise tax revenues in a deficit-cutting proposal he will lay out next week, the news agency reported, without citing sources."

Normally I trust anonymous sources about as much as I trust politicians. This time I believe the anonymous sources.

The president is gonna propose raising taxes. Which in Washington means he is proposing a spending cut and lowering how much taxpayers have to fork over to government.

Pretty simple eh? Once you realize the object of a career politician is to stay in office, support government and ignore the people, then you can understand why they act the way they do.

And in case you missed this one on the FB feed -
http://www.washingtontimes.com/news/2011/sep/2/im-exactly-whats-wrong-with-barack-obamas-america/

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