Friday, February 19, 2010

If You Can't Dazzle them with Brillance, Baffle them with BS

When you are the President of the United States with a first rate intelligence and oratorical skills unseen in years, but your leadership decisions continue to fail you at every turn, what do you do? You fall back on the one thing you know will change the hearts and minds of your constituents at most, and at the least, buy you time to get your agenda implemented. At a time when the nation was in near panic over impending doom of the economic crisis, Obama saw
an opportunity to bring about his socialist agenda. However, these plans were so radical, that even with a lack of "transparency", the American people have seen right through him.

So now the President wants you to believe that he has seen the light. He now wants us to believe that the nation is overwhelmed in fiscal debt, the likes of which we have never seen and he must take action to save us. By Executive Order, he has created a bipartisan National Commission on Fiscal Responsibility and Reform. He noted at the signing that "Without action, the accumulated weight of that structural deficit of ever-increasing debt will hobble our economy, it will cloud our future, and it will saddle every child in America with an intolerable burden." Well, I don't know about you, but I am as a citizen of this great nation, offended at the attitude and actions of this President.

I ask you where was this caution with his new budget for fiscal year 2010 that called for a freeze on discretionary spending that only effects 16% of the federal budget. A freeze that would by most experts produce only a 3% drop in debt over the next ten years as proposed. Mr. Obama stated yesterday that the "federal debt has exploded." Let me put this all in perspective:
When the Democrats took control of Congress in 2007 the deficit was $160 billion.
Under the Pelosi-Reid Congress it "exploded" to $458 billion in 2008.
When Obama took office in 2009 it hit $1.4 trillion. For 2010 projected at $1.6 trillion.
An even more shocking fact is that the interest on the national debt this year alone is 18.75% of the total budget and amounts to $389 billion dollars. It is estimated that the largest item in he federal budget within 12 years will be the interest on the national debt. Try to imagine if the largest item in your family budget was the interest on all the money you borrowed. You should feel like an idiot and that is what we have collectively become.

I will not for a moment try to paint the picture that Republicans do not share blame for the exploding deficit. I just pointed out that in 2007 it was already $160 billion. Unfortunately, the mentality for decades has been that the federal government could exist with on-going deficits. It was wrong 30 years ago and wrong today as we approach a debt of 87% to Gross Domestic Product (GDP).

There is only a few steps to correct the situation. Wasting more taxpayer money on a commission that by the "Executive Order" has no authority is nothing but putting on a show. If President Obama is really serious there are honest common sense steps that the White House and Congress can do immediately. First and foremost is acknowledging there is a problem without the smoke and mirrors mentality. Secondly, freeze all spending and rescind unspent stimulus funds. Do not move forward the proposed Stimulus 2 (renamed "Jobs Bill") and stop the "pass anyway possible" health reform bill sitting in limbo between the House and Senate. Lastly, all proposed tax hikes should be set aside until unemployment falls below 7 percent.

Long term deficit issues and cuts in mandatory spending for entitlement programs must be put on the table. We can no longer sustain a "nanny state" mentality without surrendering to a European style government. Remember that Ben Franklin said we have a Republic..."as long as we can keep it".

No comments:

Post a Comment