Posted on 05/27/2012 12:41:57 PM PDT by John Semmens
Despite running up federal deficits at a faster pace than any previous president, Obama says he is not at fault. Deficits arent the result of spending alone, the President pointed out. Deficits occur when there is a gap between spending and revenue. If you look at the trends for both you will see that it is the revenue line that has flattened while the spending line has remained pretty much on track with prior periods.
Of course revenues arent keeping up because taxpayer earnings arent keeping up. Business profits are down. Employees have been thrown out of work. The base upon which the tax revenue stream is founded has shrunk. Nevertheless, Obama complained that These people are selfishly focused on their own problems. They pressure their congressmen to oppose the tax increases that are necessary to cover government expenses. When deficits inevitably soar they take no responsibility for how their own greed has caused the problem.
Vice-President Joe Biden echoed Obamas thinking in a speech accusing the Tea Party of thwarting President Obamas plan to save the economy. Were trying to get everyone to pitch-in to help us get out of the recession. But these Tea Party guys got voters worked up using the false notion that whatever they own is theirs by right. Well, in this country, its the government that determines who owns what. It is our view that the government must control all our resources in order to ensure that they are used effectively and efficiently. Reelecting the President is the only way we can guarantee that this happens.
The president also got support from Senate Majority Leader Harry Reid (D-Nev), who said that Americans must get used to paying higher taxes if they want the government to continue to serve them. Reid denounced the idea that the government might already be taxing us too much as extremism of the worst sort. Its not the terrorists who pose the biggest threat. Its those who would starve government of the resources it needs.
if you missed any of this week's other semi-news posts you can find them at...
http://azconservative.org/2012/05/26/president-says-world-is-entering-new-golden-age/
Does he mean greedy tax dodgers like GM?
Pray for America
They don’t use that exact term, but that is exactly the kind of things they have been saying I think.
Whats the matter Kenya Man?...did you reach into someone’s pocket and come up Empty?
0bama is depraved, even if this is semi-satire.
Whats the matter Kenya Man?...did you reach into someone’s pocket and come up Empty?
Is Julia going to be paying more?
You’re gonna make a lot of people angry with that one.
the debt of our usurper’s depravity/hypocrisy is succintly explained here:
http://townhall.com/columnists/luritadoan/2011/04/18/obamas_tax_hypocrisy/page/full/
But they talk as if cutting back on govt. spending is not an option!
Marxists want to empty everyone’s pockets to perpetuate the elite culture of submissive bureaucrats.
suck on it, 0failure
Greedy Taxpayers????
You almost got me with that headline, John.
That sounded exactly like something Obama would say! You have real talent, sir!
” - - - But these Tea Party guys got voters worked up using the false notion that whatever they own is theirs by right. Well, in this country, its the government that determines who owns what. It is our view that the government must control all our resources in order to ensure that they are used effectively and efficiently. Reelecting the President is the only way we can guarantee that this happens.
FINALLY!!!!!!!!!!!!!!!!!!!
Honest “Joe the Veep” Biden gives us the “transparency” that his Marxist boss promised us so long ago.
What can be more clear than “Joe the Veep” telling it like it REALLY is!
Gone now are the murky clouds of Hope and Change.
No longer will business be done differently in DC.
Just as in the bad old plantation days, we are now all slaves who give all to “The Man” in the “Big House” whose street address in DC is 1600 Plantation Avenue.
We now have certainty from our highest-paid Government Public Servants: PAY US ALL THAT YOU OWN, SO THAT WE CAN SPEND OUR WAY TO YOUR PROSPERITY. OR POSTERITY, WHICHEVER COMES FIRST!
BTW, I can hardly wait for “Joe the Veep” to give us his “transparency” speech on “Jobs, Jobs, Jobs.”
There, fixed it!
“The beatings will continue until morale improves”
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