American Elephants

A billion here, a billion there, first thing you know you’re talking real money! by The Elephant's Child

Last Saturday night, President Obama sent a letter to the  House and Senate leadership, urging them to quickly approve a tax and spending bill currently being debated in the Senate that would add another $80 billion to our already terrifying budget deficit.  But the president also requested another $50 billion to bail out state and local governments.  Without this additional money, the president claims, thousands of government union jobs would be lost.

$23 billion of the $50 billion emergency money would supposedly go to keeping teachers in the classroom.  This would be on top of the $100 billion appropriated to the Department of Education by the President’s $862 billion stimulus bill — of which $34.7 billion in education funds is still unspent.

Perhaps you have noticed, as I have, that our state governments, when confronted with a budget crisis, are quick to lay off teachers, policemen and firemen and to shut down popular parks.  [See, see how painful it is for us to cut the budget of our perks, we’ll just cut the things you like, so that you won’t mind when we jack up your taxes].  New Jersey’s Governor Chris Christie is showing how it can be done.  He has frozen teachers’ salaries for a year, and asked them to pay a reasonable co-payment (like the rest of us have) for their health insurance.

$25 billion is supposed to bail out state Medicaid programs.  Medicaid spending   has quadrupled since 1990 from $69 billion to $118 billion. When they keep getting bailed out, state’s have little incentive to rein in costs or to tackle rampant fraud.  The more bailouts, the more states will spend in the excess spending.

Obamacare is only 3 months old, but it is already in need of another bailout — $400 billion. In his weekly radio address, he was pleading with Congress to pass the Doc fix — that is the Medicare reimbursement rates for doctors that they cut in the Obamacare bill to make it seem affordable.  The idea that there was any deficit reduction if Obamacare were always a complete fraud.

It’s clear that the Liberals think of these funds as government money that they can just spend at will to fix things.    How do things get fixed? Why by putting the wise folks in government, and their friends, in charge.  After all, it’s only money.

%d bloggers like this: