President Obama is currently claiming that he has already cut $1.4 trillion in government spending and that he has proposed an additional $2.5 trillion in spending cuts. Really? This is government double-speak at its worst. What he actually means is that he has proposed a spending increase that is $2.5 trillion less than the spending increase he originally proposed, and, all of that is over the next 10 years. It?s still a huge spending increase, yet he calls it a spending cut? The president explains this subterfuge by calling it ?accepted economic planning?. I call it a boldfaced lie.
Another thing. The president has repeatedly claimed that the $1.2 trillion (over 10 years) sequestration cuts will have dire consequences, including 750,000 lost jobs, layoffs of teachers, firemen, and cops, loss of military readiness, and a damaged economy. Ok, if that?s true, then it must also be true that the $1.4 trillion he claims to have already cut must have resulted in even more lost jobs and layoffs, and even more damage to the military and the economy. And, by the same logic, the $2.5 trillion he has proposed will inevitably devastate the economy even more. Yet, somehow, by his logic, even though the sequestration cuts will be devastating, his existing ?cuts? improved everything and his proposed cuts will result in further improvements. Go figure. (I also thought that fire and police were paid for by LOCAL governments, not federal.)
Perhaps I?ve been looking at our family budget incorrectly. I plan on buying a new car next year, and I originally had my eye on a $60,000 SUV. I?ve now lowered my expectations to a $40,000 car, so, by President Obama?s logic, I have cut my spending by $20,000. Funny thing, I can?t seem to locate the actual $20,000 cash, because it?s money I never had in the first place!
But, don?t waste all of your ire on the White House. All of this economic bolderdash has been coming at us from both sides of the political aisle. Republicans and democrats are both complicit in camouflaging their lack of courage in 10 year ?accepted economic planning?. For example, both sides are wailing about the impact of sequestration. For crying out loud, it?s $82 billion this year - about 2.5% of our federal budget. It take an incredible amount of gall for Washington to claim that they can?t cut the federal budget by 2.5% without suffering disastrous consequences. Ok, I know some families and individuals will suffer, but budget cuts are always painful, and, if some budgetary pain right now will restore our national economy in the future ? I think that is a goal we can all agree on.
Here?s a thought. How about someone in Congress proposing real cuts in spending, this year and across the board, and accompany the proposal with genuine tax reform?
Seriously, America.....are these jokers the best we can do?
Cuts started today.... planes are falling from the sky, roads are blowing up, Russia invaded Alaska, the prisons have all been emptied and hardened criminals are running amok in the streets and ALL of our food is now tainted as the USDA is no longer inspecting ANYTHING!
:scared
OMG - THE USA as we have known it is DONE!!!
All over $85 billion in cuts - (incidentally, $85B is the same amount that the FED prints each month)
Another thing. The president has repeatedly claimed that the $1.2 trillion (over 10 years) sequestration cuts will have dire consequences, including 750,000 lost jobs, layoffs of teachers, firemen, and cops, loss of military readiness, and a damaged economy. Ok, if that?s true, then it must also be true that the $1.4 trillion he claims to have already cut must have resulted in even more lost jobs and layoffs, and even more damage to the military and the economy. And, by the same logic, the $2.5 trillion he has proposed will inevitably devastate the economy even more. Yet, somehow, by his logic, even though the sequestration cuts will be devastating, his existing ?cuts? improved everything and his proposed cuts will result in further improvements. Go figure. (I also thought that fire and police were paid for by LOCAL governments, not federal.)
Perhaps I?ve been looking at our family budget incorrectly. I plan on buying a new car next year, and I originally had my eye on a $60,000 SUV. I?ve now lowered my expectations to a $40,000 car, so, by President Obama?s logic, I have cut my spending by $20,000. Funny thing, I can?t seem to locate the actual $20,000 cash, because it?s money I never had in the first place!
But, don?t waste all of your ire on the White House. All of this economic bolderdash has been coming at us from both sides of the political aisle. Republicans and democrats are both complicit in camouflaging their lack of courage in 10 year ?accepted economic planning?. For example, both sides are wailing about the impact of sequestration. For crying out loud, it?s $82 billion this year - about 2.5% of our federal budget. It take an incredible amount of gall for Washington to claim that they can?t cut the federal budget by 2.5% without suffering disastrous consequences. Ok, I know some families and individuals will suffer, but budget cuts are always painful, and, if some budgetary pain right now will restore our national economy in the future ? I think that is a goal we can all agree on.
Here?s a thought. How about someone in Congress proposing real cuts in spending, this year and across the board, and accompany the proposal with genuine tax reform?
Seriously, America.....are these jokers the best we can do?
Cuts started today.... planes are falling from the sky, roads are blowing up, Russia invaded Alaska, the prisons have all been emptied and hardened criminals are running amok in the streets and ALL of our food is now tainted as the USDA is no longer inspecting ANYTHING!
:scared
OMG - THE USA as we have known it is DONE!!!
All over $85 billion in cuts - (incidentally, $85B is the same amount that the FED prints each month)
