More Change On The Way?

From 2002 to 2008 the Democrat mantra was that they would restore fiscal responsibility to Washington. They constantly belittled and berated President Bush for turning surpluses into deficits. If they were elected then they would get the government back on track and give us budget surpluses again. Today they proved that this is the biggest joke anyone in Washington has ever told.

The White House and Capital Hill both released their budget projections for the next ten years today and in both versions, they are projecting the largest deficits ever in the history of the United States.   Meanwhile they are still pushing the tired old lines about pay as you go and the various health care plans being deficit neutral. Now any honest person knows what this means.

Congress and the president are on a spending spree of ridiculous proportions. To say that they are spending like drunken sailors is an insult to drunks and sailors everywhere in the world. Meanwhile they are telling us to not worry because they can and will pay for it all. There is only one way to pay for the most massive deficits ever, and that is going to be with the most massive tax increase ever.

We already are tied with Japan for the highest corporate tax rate in the world. What we can really expect is that we will achieve Belgium like personal tax rates where most people pay between 50-60% of their personal income in taxes. Some Democrats in Congress, like Barney Frank, earlier in the year floated a trial balloon of having a top marginal rate of 80-100% for the top 5% of wage earners.

Now some of you may think that is a good thing, but here is the dirty little secret. The rich that most people think would get soaked, like Paris Hilton, aren’t wage earners, they get their money through trust funds and interest earning accounts. That means the spoiled rich that constantly contribute to Democrats, seeming against their own best interest, are actually not going to be affected by this tax hike.

This is enough to make even a rational guy like me join the tax revolt movement. Enough is enough, we can’t take any more of this. Nearly every country in the world that has tried this is backing away from it. Even Sweden, which once had the most inclusive social welfare network in the world has said we can’t maintain it. Meanwhile Barack Obama andthe Democrats are taking us down the very same road that countries who have been down it before are saying “don’t go, you won’t like where it leads.” We have to stand up and say stop. We have to get  true conservatives into office as quickly as possible. The time for apathy has passed, it is now to to be men and women of action.

PS: Stop calling Barack Obama and his health care plan socialist. Socialism is when the power and the plan reside in the hands of the people. Obama is not a socialist, he is an authoritarian statest.

Published in:Uncategorized |on August 25th, 2009 |No Comments »

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