American Elephants

A Little Chart About Spending and Taxes and Budgets. by The Elephant's Child

Tax Hike In Perspective

Barack Obama has no intention of giving up on spending. He wants to hike taxes more. As long as he is spending, and handing out benefits to the people, they will not desert him. His view of the presidency is a constant campaign. He has never stopped campaigning and started governing.

“He will lay out tax-hike demands, give no quarter on spending, not waver and, as the deadline approaches, use his bully pulpit and the media to cow the GOP into the sort of wrangling that led to this week’s defeat.” That’s Kim Strassel in today’s Wall Street Journal.

The tweet posted below demonstrates such a mindless ignorance of the world, humanity and history, that it is hard to grasp. Once we have defaulted on our debts and no one has jobs, who will feed him?

All these boring numbers, complicated graphs, confusing talk about debt and spending and defaulting and unemployment rates — that are just too unpleasant to think about —  all have consequences.

The Democrats are unconcerned with the level of spending. They are unconcerned with the level of debt. The United States Senate has, in defiance of the law, refused to pass a budget for over 1,000 days. Why?

The president is not just unconcerned with the level of spending, he has made it quite clear that he has no intention whatsoever of cutting back. He has been warned about the debt. He has been warned about  the risk of default. He has been warned by the first decline in our national credit rating in history and notified by the credit rating agencies that we must pay attention or there will be further decline. These are not just printed words on paper, they bear real consequences.

We were warned early on, that Obama did not have the experience or the necessary skill-set for the office to which he aspired. That has proven to be true. The recession, which was not the worst since the Great Depression, ended, officially, in June of 2009. There should have been a brisk recovery. Instead we got the worst recovery since the Great Depression, as a direct result of this president’s policies.

The U.S. in in the midst of an energy revolution. We have abundant oil and gas that would fuel an economic boom, in despite of the efforts of the president to shut down as much discovery and production as possible.  The technology that is changing the world is mostly American. “The nation’s farms export more produce than ever before at record prices. Americans eat the safest and cheapest food on the planet.”

The president talks openly of income redistribution and the inequality between the rich and the poor, as if it is his job to eliminate inequality. Yet after four years in office we have an all-time record 46.2 million people in America living in poverty. We have an all-time record of the highest  youth unemployment in history rising to 17.5% unemployed. 47,710,324 individuals are receiving food stamps. And the number of Americans no longer in the labor force has risen to 88,921,000.

However his campaign donors have been abundantly rewarded with millions.

Apparently no one has noticed that the warm, caring speeches and remarks by the president all have expiration dates — all too quickly reached.


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