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We Ain't Seen Nothing Yet
Real Clear Politics ^
| Nov 26, 2009
| Victor David Hanson
Posted on 11/26/2009 7:49:42 AM PST by XHogPilot
When it comes to the problems facing this country, an old slogan comes to mind: "You Ain't Seen Nothing Yet."
High unemployment, the recession and a terrorist resurgence in Afghanistan are bad enough. But there are a number of problems on the horizon that could dwarf President Obama's first-year trials.
Why the pessimism? In short, we are doing nothing to prepare for the crises to come.
(snip)
Finally, there is an array of taxes on the horizon -- increased federal income tax rates; promised hikes in health-care surcharge taxes; and even rumors of value-added federal sales taxes. These increases are said to be aimed at the proverbial wealthy. But that could change -- given that the top 5 percent of households already provide 60 percent of the nation's income-tax revenue. And many are already paying 50 percent to 60 percent of their incomes in combined local, state, federal and payroll taxes.
Just consider. The price of gas will soon likely increase. The cost of servicing our profligate borrowing will, too. One more terrorist attack like at Fort Hood, or nightly sermons from a grandstanding Khalid Sheikh Mohammed, or a new Taliban offensive, and the momentum could shift to radical Islam in their decades-long war against the United States. Next year's tax hikes will be real and large -- and no longer just this year's idle talk.
As these storm clouds gather, Congress bickers on Saturday nights about borrowing even more money for health-care reform, yet another federal entitlement.
If you thought things have been rough so far, hang on, 'cause you ain't seen nothing yet.
(Excerpt) Read more at realclearpolitics.com ...
TOPICS: Constitution/Conservatism; Editorial; Government; Politics/Elections
KEYWORDS: 111th; agenda; bho44; debt; doomandgloom; obamanomics; taxandspend; vdh; victordavishanson
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To: qwertypie
"Im beginning to think that only a patriotic military coup is enough to shock this country out of its mess." You might want to consider other solutions. The coup is a very messy way to clean up the kitchen where the dems are busy cooking their own goose.
21
posted on
11/26/2009 11:06:49 AM PST
by
An Old Man
(Use it up, Wear it out, Make it do, or Do without.)
To: An Old Man
The problem is that the liberals are cooking everyone else’s goose along with their own.
22
posted on
11/26/2009 5:25:23 PM PST
by
snowrip
(Liberal? YOU ARE A SOCIALIST WITH NO RATIONAL ARGUMENT.)
To: XHogPilot; neverdem; Lando Lincoln; SJackson; dennisw; kellynla; monkeyshine; Alouette; ...
23
posted on
11/30/2009 11:01:31 AM PST
by
Tolik
To: Tolik
Nice to get a ping from you... thanks.
24
posted on
11/30/2009 2:19:07 PM PST
by
GOPJ
(Anthropogenic global warming-the most costly and widespread scientific FRAUD in history-James Lewis)
To: Tolik
Nice to get a ping from you... thanks.
25
posted on
11/30/2009 2:19:21 PM PST
by
GOPJ
(Anthropogenic global warming-the most costly and widespread scientific FRAUD in history-James Lewis)
To: A.A. Cunningham
Victor Davis Hanson is a registered Democrat. There are some older democrats who aren't liars.
26
posted on
11/30/2009 2:21:21 PM PST
by
GOPJ
(Anthropogenic global warming-the most costly and widespread scientific FRAUD in history-James Lewis)
To: A.A. Cunningham
To: Tolik
Please add me to the Hanson ping list
28
posted on
11/30/2009 8:22:13 PM PST
by
DrKay
To: DrKay
Done. Added to the VDH ping list. Thanks
29
posted on
12/01/2009 5:00:49 AM PST
by
Tolik
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