Is the President doing cocaine again? I have to ask because his plans for a budget seem at best irresponsible and at worst completely insane. He plans to cut the federal deficit in half over the next four years. I’m sorry, did he not just tack on a trillion dollar (when including interest) porkulus bill to the deficit? A deficit that was already set to be over a trillion without this non-stimulus bill. And do you know how he plans to do it – by raising taxes of course. In this time of economic upheaval when making sure businesses keep more of their money and rich people keep more money because they have money to spend, he intends to raise taxes on both. And you better believe it will hit the middle class before he is done as well. He is going to make spending cuts also…to the wars in Iraq and Afghanistan! Is he not sending a surge of 17,000 soldiers into Afghanistan? Did he not campaign on a platform of taking that war more seriously? Would you not agree that he must be out of his mind?
Or is it that he really does mean to destroy this great nation. If you have not read this great article in the Canada Free Press you need to do so. It opens your eyes to where all this inner rage within Obama is from and how he may be using it to get his revenge on all of us American “cowards”. Obama plans to continue forward with his domestic agenda which includes a major expansion of health coverage. Hmm…divide deficit in half while adding another trillion dollar program – that should work.
In his weekly radio and Internet address today, Obama said he was going to “get exploding deficits under control” and described his budget as “sober in its assessments, honest in its accounting, and lays out in detail my strategy for investing in what we need, cutting what we don’t, and restoring fiscal discipline.” If his lips are moving, he is lying. The Washington Post reported that Obama “would begin to address the nation’s chronic budget imbalance by squeezing savings from the federal health programs for the elderly and the poor.” What does that mean? He is going to pull money from MediCaid and MediCare? What savings – LOL! The Post also reports, “Obama also seeks to increase tax collections, primarily by making good on his promise to eliminate the temporary tax cuts enacted in 2001 and 2003 for wealthy taxpayers, whom Obama defined during the campaign as those earning more than $250,000 a year. Those tax breaks would be permitted to expire on schedule for the 2011 tax year, when the top tax rate would rise from 35 percent to more than 39 percent.”
I have a little personal anecdote to share. My partner works at Disney at one of the luxury resorts. Disney has three levels of resorts: value, moderate and deluxe. Today a person in housekeeping told her that the value resorts were hurting because they were not getting bookings. The deluxe resorts have been at capacity. I have to assume that the rich are the ones taking vacations because they have the money to do so which drives the tourism economy here in Florida which our state lives and dies by. If Obama takes the extra spending money from these people it will cause a devastating ripple effect that I have described for you just in my little corner of the country.
Now imagine the rest of the country.