3.6 Trillion. Can you even wrap your head around such a number? Tape 3.6 trillion one dollar bills end to end and you could make a line to the sun and back almost three times. Yeah, that’s a lot of bills. Hell, one trillion dollar bills weigh more then an aircraft carrier, how much does THREE weigh?
Obama’s budget gives me chills. It doesn’t even include the recent stimulus bill that was passed through Congress, or a purposed trillion dollar spending bill that one can only assume based in past events will pass just like the Bush bailouts and the Obama stimulus. As the last months of Bush’s administration wound down Bush had to give America’s future generations one last kiss of death by signing a bill that gave almost a trillion dollars to failing banks with very little oversight. Much of that money simply disappeared, and we are no better off today then we were when the bailout was passed. Soon afterwards Bush also gave taxpayer money to failing auto companies, some of which are now asking for MORE money from the government.
And then Obama came to Washington, promising much needed change from the terrible policies of the Bush administration. Well we got it. A record budget deficit, even larger then Bush’s, and a gigantic “stimulus” spending bill that throws almost a trillion dollars by itself on the national debt that future Americans will have to pay. This coming from the man who wants to cut the deficit in half, this from the man who promised change, this from the man who stood up to the nation and said he would not continue the failed policies of the Bush administration. Instead of fiscal responsibility, the kind the GOP has long ago abandoned in favor of partisan ideology, Obama is instead giving us more of the poison the GOP fed us for the last 8 years. Record deficits, huge spending bills, increases in spending, with no real plan to cut the deficit or pay off our debts.
This is nothing more then legal plunder of the American people. The government does not produce anything; any money they spend has to come from a few sources. They either take it from the taxpayers, they print the money out of thin air, or the barrow it from other nations, all of which over time will have disastrous consequences on the country. In a time of economic troubles, raising taxes seems to me the last thing that would stimulate us. It is the private sector that brings wealth to the country, it is the private sector that creates wealth and capitol, and yet the government sees the need to tax the private sector in order to promote its own interests. Barrowing from other countries and inflation would also likewise continue us down the road of dependence on foreign dollars. Forget our dependence on foreign oil, those problem pail in light of our dependence on China to buy out debt so we can spend money “greening” out country. People complain about “giving money to countries that don’t like us” and yet we borrow money from China without even thinking of the long term consequences. These debts need to be paid, and by continuing down the road of fiscal liberalism promoted by both parties then future generations will have a terrible price to pay for OUR irresponsibility. All the improvements that the government is trying to put into place will fall apart because of the debt they weren’t willing to face. Likewise inflating our money supply to pay for these programs will devalue our money to the point that it will no longer be the valuable currency it is today.
Obama talks about taking a scalpel to our federal budget to weed out programs that don’t work and eliminate them. No, with our bloated government a scalpel is not what we need. What we need is for our leaders to take a chainsaw to the federal budget and cut it in half. Close military basis over seas, end the drug war, eliminate social programs, end any funding to states that doesn’t benefit multiple states (if a program only benefits one state that state should foot the bill), no more bailouts, no more stimulus bills where the money won’t be spent for two years, no more pork bills for peanut festivals in Georgia. And for real stimulus eliminate the income tax for EVERYONE! Allow an opt out option for Social Security for people who will probably not benefit from it and allow those people to keep what money they’d normally spend in Social Security taxes.
This nation is hurdling towards socialism; any objective observer can clearly see that. When socialized medicine is closer then ever and the US government owns 36% of a bank, then there really isn’t a question regardless of if you see that as a good thing or not. But one thing is becoming increasingly clear; we cannot afford it. We talk about these huge social programs as if they didn’t cost anything, and we ignore the steadily increasing debt we are handing down to future generations. No terrorist with WMD’s can do the damage to this country our own government has done. Osama will never destroy this country, what will however is our enormous debt. With neither the GOP nor the Democrats willing to confront this issue, I am simply asking for the people on this country to seek REAL change, to see someone who WILL promote fiscal responsibility, and has a record to prove it.
When we spend beyond our means and act fiscally irresponsibly we go into bankruptcy, we lose our homes, our cars, our possessions. When the government does it simply takes and spends more. Some example.
Saturday, February 28, 2009
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