Showing posts with label Government Spending. Show all posts
Showing posts with label Government Spending. Show all posts

Tuesday, February 2, 2010

Are You KIDDING Me, President Obama?

     President Obama laid out his brand-spanking new budget on Monday.  Instead of cutting spending drastically, President Obama has presented a 3.8 TRILLION dollar budget that does little more than tax too much, borrow too much, and spend too much.  In fact, this new budget will increase the one-year budget deficit to 1.6 TRILLION!
     We are in an economic war right now.  On one side are the special interests and the government.  On the other side are the Joe the Plumbers of this world; the regular, hard-working everyday people trying their hardest to make a living.  The middle class is getting put through the ringer.  It is getting harder and harder to accomplish the American Dream with taxes that keep getting higher, spending that is completely out of control, and a government that doesn't care if you eat cake or nothing.
     If President Obama wants to stimulate this shaky economy, he needs to do three things:

  • Cut taxes on every single American and every single American business
  • Drastically cut Federal government spending
  • Stop the Federal Reserve from printing more and more money.
     Cutting taxes is a very easy to stimulate the economy.  By cutting taxes on people, Americans have more money in their pockets to spend and save.  By cutting taxes on businesses, they can afford to hire new workers.  That increases government revenues because all those new employees pay income taxes and payroll taxes, therefore broadening the Federal tax base.
     Cutting government spending is another great way to stimulate the economy because it ends the cycle of waste that is hurting us today.  By cutting spending, the Federal budget will finally be balanced therefore allowing for economic growth and increasing consumer confidence.  Increasing consumer confidence encourages Americans to spend money therefore stimulating the economy. 
     Stopping the Federal Reserve from printing more and more money is yet another way to stimulate the economy.  When the Federal Reserve prints money out of thin air every day, inflation is increased because prices have to increase to account for the larger amount of cash floating around.  Therefore, stopping the printing of money puts a cap on inflation and lets people afford more.
     The thing we all must realize is that the Obama administration and Congress don't care whether the economy is stimulated or not.  All they care about is lining their pockets while they pick yours and increasing their power while yours is stripped away from you.  

Saturday, November 21, 2009

Kudos, Senate Republicans

Readers,

     Today, Senate Republicans stood their ground and said NO to opening debate on Harry Reid's monstrocity that will cripple our healthcare system here in America.  Not even ubber-moderate Republicans Susan Collins and Olympia Snowe (both from Maine), voted to start debate. 
     I can tell you all with almost certainty that IF passed, American healthcare as we know it will be gone.  The bill the Senate will be voting on is a 2,074 page mega-bill that will drastically damage healthcare.  First of all, it includes the newly famous "public option", which is Democratic code word for government-run healthcare.  With this government-funded dark horse in the healthcare field, private insurance companies will be forced out of business because this public option health insurance company will crowd the marketplace.  It will not be forced to turn a profit because they are run by the government; and if you don't believe this will happen then look at how GM is doing.
     Also, this healthcare bill is a JOB KILLER.  It forces companies, even mom-and-pop establishments, to buy health insurance for every worker.  This probably doesn't sound too bad to you but the plans these business have to provide have to be on the list of government-approved plans that this bill mandates be created.  These government-approved plans will be very expensive, forcing small business that have to provide employees with them to either lay-off workers or just close up shop all-together.
    Lastly, there is no provision in this bill that opens the purchase of health insurance across state lines.  If people were able to buy health insurance across state lines this would drop the price of healthcare and health insurance.  Because there is no provision like this in the current Senate or House bill, the price of health insurance will SKYROCKET!
     Remember, before you make up your mind on whether or not to support this bill, read it and look at every page carefully; this is your health and wealth we are talking about here!