About This Blog
Even though I write about politics, I hate politics. More precisely, I hate most politicians. I have never seen a bigger bunch of lying thieves in my life than the people we elect to run our country. It would take a hearty dose of sodium pentathol to get most of them to tell the truth. I think the first definition of the word 'politician' in the dictionary should be 'professional liar'. Mirriam-Webster should be notified immediately.
Not that I'm cynical or anything.
And when I think about our current President, the word 'politician' springs immediately to mind. With all the problems this country faces, we badly need a leader in the Oval Office right now, but instead we have a politician. We have a politician who cares more about his political party than he does about solving the problems of our country.
Obama rips Republican proposals to eliminate the deficit/debt to shreds, but if you notice, he proposes nothing of his own to eliminate the deficit/debt. He only proposes measures to massively increase the deficit/debt, as he did with his 10-year budget proposal. That's not a leader. That's a politician.
Obama formed a Deficit Commission in 2010 to make it appear he was committed to addressing the deficit/debt, and then he completely ignored the recommendations of his own Deficit Commission. That's not a leader. That's a politician, putting forth a smoke screen.
Obama is STILL talking about eliminating the Bush "tax cuts for the rich". What he doesn't tell you is, he could have eliminated those tax cuts any time he desired in 2009 or 2010. The Democrats had complete control of the Executive and Legislative branches of the federal government for those two years. As much as Democrats whine about the rich ONLY paying a 35% federal income tax rate, the highest rate, you'd think they would have reversed those tax cuts on day two of Obama's presidency, but they didn't. Why not ? There are two main reasons. First is the fact that reversing the Bush "tax cuts for the rich" won't come anywhere near to solving our deficit/debt problem, and the Democrats all know it. Secondly, the Democrats WANT to keep that issue alive so they can use it as a weapon in the 2012 elections. If they had reversed those tax cuts, it would not be an issue (and the deficits/debt would still be going up by trillions year after year). Democrats want to keep using that issue as a smoke screen. These are not the actions of leaders. They are the actions of politicians.
Obama's own life doesn't even match his class warfare rhetoric. Here's what the President said about taxing the wealthy:
"I believe that most wealthy Americans would agree with me. They want to give back to the country that's done so much for them. Washington just hasn't asked them to."
But on Obama's own tax return, our wealthy Prez made every effort to pay LESS in taxes to the government:
"[I]n 2009, Obama took itemized deductions of $514,819, a foreign tax credit of $59,372, and a deduction for interest on his home of $52,195. He was also able to take a deduction for $49,000 he contributed to his self-employed retirement fund. If he had not taken these deductions, he would have paid taxes on an additional $675,386, which in his income bracket would have meant he owed somewhere in the neighborhood of $200,000 more in taxes at the top marginal tax rate of 35 percent. Furthermore, he instructed the Nobel committee to donate his entire $1.4 million Nobel Prize directly to 10 charities, thereby avoiding the necessity of declaring the money as income on which he would have owed an additional $490,000 in taxes. If the president is so appalled at the rich and their ability to hire accountants to take advantage of each and every deduction, why doesn't he simply take the standard deduction on his tax return, like most Americans?" --columnist Linda Chavez
Clearly, the President doesn't have the strength of his own stated convictions. That's because he's not a leader. He's merely a politician.
So here we are, $14.3 TRILLION in debt, with the highest single year deficit in American history at $1.65 TRILLION, and all our President can do is conjure up doomsday scenarios of what wil happen if the Republican spending cuts go through. Here are a couple excerpts of Obama ripping proposed Republican spending cuts:
"Worst of all, this is a [Republican] vision that says even though America can't afford to invest in education or clean energy; even though we can't afford to care for seniors and poor children...Under [Republicans'] vision, we can't invest in roads and bridges and broadband and high-speed rail. I mean, we would be a nation of potholes, and our airports would be worse than places that we thought -- that we used to call the Third World."
According to Obama, we will become a Third World country if the Republican cuts are enacted. Well, I have a question for our President. What kind of country will we become if we keep borrowing 40 cents out of every federal dollar spent, as we are doing now under Obama's "leadership" ? What kind of country will we be when the debt is $20 TRILLION or $25 TRILLION, and the people we are borrowing from realize we are a terrible credit risk ? It's coming, sooner rather than later. This President's "leadership" is like the captain of the Titanic saying the real danger to the ship would be in changing course and NOT hitting the iceberg. With all due respect, I don't think so Skippy.
The President is basically endorsing the unsustainable status quo. That may be smart politics. It may even win elections for Democrats in 2012, as a popular backlash against Republican spending cuts manifests itself....but it sure as hell ain't leadership.
If you want to know how much of a tax increase it would take to close our federal budget gap (that would take a $1.65 TRILLION tax increase this year), here's Mark Alexander of the Patriot Post to put it in perspective:
Stop reading this and add up all the paychecks you received from January 1 through April 12 of this year. Now, write a check for that amount to the government. In essence, you have done just that, for as the Tax Foundation recently announced, April 12 was this year's Tax Freedom day, meaning "Americans will work well over three months of the year, from January 1 to April 12, before earning enough money to pay this year's tax obligations at the federal, state and local levels." According to the Cato Institute's Dan Mitchell, this is the good news. "The bad news is that Tax Freedom Day only measures the direct and immediate impact of taxation. It doesn't measure the overall burden of government." If the federal government were to collect enough taxes this year to fund all its spending, Tax Freedom Day wouldn't come until May 23.
In order to fully fund our federal government, we'd have to work another month and half each year just to pay our federal taxes. And this doesn't even count the taxes necessary to cover the state and local government budget shortages. It's not a stretch to say we'll soon be working half the year just to pay the government unless spending is seriously curtailed. Government has grown and grown and grown over the years, and our current fiscal nightmare is the result. It would take oppressive, economy-killing tax increases to merely tax our way out of it. That is the truth. Working half the year for the government is basically what the Democrats are offering as a "solution", and things will only get much worse as the baby boomers retire and Medicare/Social Security expenses start to skyrocket. The Democrat model is European socialism, which is a very odd thing to model when you consider the European socialist countries are all going broke too. Modeling failure isn't very intelligent. When our President starts to get serious about our fiscal challenges, that's when you will know you have a leader instead of a politician. Until then, good luck America. You'll need it. Wear a lifejacket, because we ARE going to hit the iceberg. Hope the water isn't too cold. And until we find a leader and unite behind him/her, you can also expect to hear a blizzard of obfuscation, finger pointing, blame shifting, lies, spin, equivocation, and outright BS from all the usual politicians.