Last week the Congress passed the largest spending bill in the history of the world. Now Obama is going to address the deficit. Typically when democrats “reduce the size of the federal government” it means reducing spending on the military. See Democrats only believe on spending money on entitlement programs. More people on the payroll means more voters who need Democrat programs. The best part is that all of this is justified by the rule of good intentions. This is pretty much how all Republics end. The Democrat and Republican parties number one interest is self-preservation. It’s cynical, but it’s true. The Wall Street Journal has the details on Obama’s fantasy world budget projections.
The $533 billion deficit in 2013 would include anticipated costs for his plan to offer near-universal health care. It also would include revenue from a planned greenhouse-gas-reduction effort in which businesses would have to purchase permits from the government to emit carbon dioxide and other emissions contributing to global warming. Subsidies for Medicare-managed care plans, known as Medicare Advantage, would be eliminated. Hedge-fund and private-equity managers would see their fees taxed as income, at 35% next year, not at the 15% capital-gains rate.
Right after Obama does all this a he’ll perform the simple task of resurrecting the dead and bringing peace to the middle east. The president might as well invent cold fusion while he’s at it. During the 90s the federal government was able to run at a fiscal surplus due to the fact that the military and intelligence agencies budgets were reduced. Plus thanks to gridlock in Washington a lot of pork was reduced. It’s no accident that 9/11 happened and that our intelligence gathering agencies are in pitiful shape. It’s also no accident that the United States hasn’t been attacked in over seven years.
When Republicans look at eliminating government programs the press reports it as “irresponsible.” When Democrats do it they’re making the “wise and difficult choices.” When Republicans reduce the rate of increased spending on programs it’s called a “cut.” When Democrats do the same thing it’s called “streamlining.” The nation is going bankrupt. The Democrat answer is higher taxes and more social programs. You don’t have to have a doctorate in economics to know that this will not work in the long-run.
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