Thursday, August 12, 2010

Answering the Wrong Question

The Democrats and their profligate spending indicate clearly that they are motivated by the question: How much money can we spend?

Not how many jobs can we create.

And their spending, rather than slowing, is gaining momentum like a snowball rolling down a hill. Faster, more furious, unstoppable. Trillion after trillion after billions zoom by to the point of eyes glazing, minds numbing. A giant blur of dollar signs. Expansive, exploding, multiplying like a deadly virus, unreal in its magnitude and potential for calamity.

Yet despite the spending, the unemployed remain so, in fact their numbers have ballooned. The job creators are punished by irresponsible, class-warfare rhetoric of this Administration and the looming threat of higher taxes in 2011. Still, the worse things get, the more they spend. Despite the breathtaking ignorance of the current ruling class, they are unrepentant and unresponsive to the will of the people. Their Keynsian model only prolonged the suffering during the Great Depression but that doesn't stop them, in fact, it seems to embolden them. Today's spending, is a puffed up version of FDR's, like a cream puff on steroids.

In today's Wall Street Journal we read that for the 22nd straight month the government spent more than they took in. A deficit of $165 billion. The second highest monthly deficit since last July. Another historic achievement for President Obama--the two highest deficits in the history of our country. Impressively historic. Don't you think?

The cumulative deficit is even grimmer. Again from the WSJ, "For all of fiscal 2009, the U.S. ran a record $1.42 trillion deficit. Fiscal 2010 might run a little higher—the Obama administration sees $1.47 trillion. " And this is before health care is funded.

Yet they spend more. At almost breakneck speed. Nancy Pelosi hauled the House members back to DC to pass ever more spending this week; wearing her ignorance like a crown. Christina Romer, of the stimulus bill fame told us that by spending we would keep unemployment from rising above 8%. Bye bye Ms. Romer. Adios to $787 billion in "stimulus"spending. And hello to almost 10% unemployment and another 7% of out of work Americans who have simply given up looking.

The democrats think if the $787 billion didn't do the trick it is because we didn't spend enough. Follow their logic. If one or two Vicodin don't halt the pain, three or four, five or six, seven even, just might.

Or they just might kill you.

The hope and change we were promised didn't materialize. Instead we got more of the same. Much more and much worse. Unprecedented corruption has infected this White House and Congress. Leadership is no where to be found and the Constitution has been shredded in the interest of self-interest and brazen power grabs unlike any we have seen in our history. I still believe in the ingenuity and the determination of the American people to succeed "in spite of." But we will be digging ourselves out from under this Everest of debt for generations.

Frankly, I won't be happy until those who voted for these failed and damaging policies apologize to all of us. Publicly and sincerely.

But that's just me.

No comments:

Post a Comment