Search This Blog

Thursday, December 1, 2011

The Precipice

If I read it right, a lot of the anger misdirected towards the Tea Party would turn around and point at the government if the angry people knew what the Tea Party people know. In short, that the United States government has spent themselves (and us, as taxpayers) down a deep, deep hole from which extrication will be very difficult and every wasted minute makes it harder to turn around.

First, the national debt has nearly DOUBLED under Obama, and it wasn't pretty to start with. Second, government budgets in EACH department go up by 10% from the previous year (this since a law passed in the late '70's), regardless of tax revenue. This shouldn't take a mathmetician to explain that this spending course is unsustainable! Washington doesn't have a revenue problem, it has a spending problem. With the budget increasing so much under Obama, most of these departments have more money than they know what to do with. And really, it is a huge tax burden on the people of the United States, they don't need nearly as much money as they're getting, with the possible exception of Defense, which has declined under Obama.

When you consider that our present spending course is on track to turn us into the EU with all its current financial woes, what would you think would be a logical course of action? You'd think it would entail balancing this overgrown budget, right? According to Obama, it's to spend even more in a 'jobs' bill, which doesn't even create jobs (if you read it, you'll see what I mean). On top of that, the so-called Super-committee which is currently stalemated at spending 'cuts' which don't even scratch the surface of our projected debt, will likely never compromise. This isn't necessarily bad, it emphatically points out that the Democrats are more than willing to refuse any GOP proposal and scream about it while not putting a single idea forward of their own. Hopefully people will begin to realize they're being played for fools. It's all for show: Obama wants to run against a do-nothing Congress (even though he got everything handed to him by Dem Congress his first two years) and incite class warfare. You just watch and see. Meanwhile, we teeter ever nearer the precipice...

What will really push us over the edge is the enactment of Obamacare. If Obama is reelected, the whole law will go into effect, the total price tag passed on to American citizens will be several multiples of the $1T estimate, and our country will never recover. It is much harder to get rid of something already implemented than when it's still in beginning stages.

No comments:

Post a Comment