Posted by
Steve on Thursday, June 30, 2011 12:56:22 PM
Yesterday, Barack Obama held a press conference and blamed everyone for the problems that the US has except for himself. He particularly pointed his finger at Congress. You have to remember when pointing fingers, that three fingers point at you when you point one finger at them.
Let’s look at little at the facts to determine if Barack Obama has his facts on straight. According to Obama, the entire reason that the debt ceiling is being reached is that Congress has spent too much money. There is some truth to this statement, but he is playing with the facts. It is true that Congress authorizes spending money. The President cannot spend any money that Congress does not authorize. But it is also true, that the Congress usually approves a budget that is somewhere near what the President asks for. So, both are really culpable when it comes to overspending. His statement would have been more accurate if he had included all Presidents as well as himself in the overspending. The overspending accelerated under Barack Obama so much that we reached this point far sooner than anyone had anticipated.
What is Obama’s solution to the budget problem? The only one that the press has reported on is that he wants to raise taxes on the “evil, disgusting rich”. If we confiscated every dollar that the rich has in assets, we would only run the government for a few months. Taxing the rich will not solve the budget problem. We do not have a problem where we are not taking in enough money. We have a problem where we are spending far more than we make.
Obama is now going to involve himself in the negotiations on raising the debt ceiling. He is complaining that the Republicans are not willing to compromise. He says that the Democrats are willing to compromise. But when you look at the facts, the Democrats will compromise on everything except for raising taxes on the rich. The Republicans will not raise taxes on anyone. There lies the impasse. The problem, again, is too much spending. If we do not cut back on what we spend we will become a third world country regardless of how much we tax the evil, disgusting rich. The time to cut spending is now, not next week or next year. The time to cut spending is now. There should be no sacred cows.
One area that the Democrats actually want to cut spending is Defense. That is the worst place to start cutting. We have to have a strong defense. Cutting that spending first is just asking for some third rate power to come kick sand in our face. We need to cut entitlements first. Entitlements take up almost 50% of our current budget and it will get worse with time. We have to figure out a way to rein in the entitlement spending so that the people who have been promised the benefits will actually get them.
If we do not cut entitlement spending on Medicare, the program will become bankrupt in 2024. At that time everyone on Medicare will be thrown off the program because it will be unable to pay for anything. If we reform the system, the people on Medicare would be able to receive it much longer. The same thing applies to all other federal entitlement programs. Democrats refuse to cut or reform any entitlement spending, thereby guaranteeing that people will not get promised benefits. While Republicans want to reform the system so that people will actually receive the benefits promised. Yet Republicans are demonized as being the ones out to “destroy” each entitlement program. You have to give it to the Democrat propaganda machine. They know how to call an apple an orange and get people to believe it.
At the press conference, Barack Obama was less than truthful with the public. That is nothing new. The press did not call him on it, again. That also is nothing new. Republicans have to stand up and tell the truth no matter how much it disagrees with the Democrat worldview. They will be vilified for telling the truth. But people will see that it is the truth and respond accordingly.