Monday, December 10, 2012

Obama and the Fiscal Cliff

We know Obama is prepared to go over the fiscal cliff.

He's not negotiating with Republicans. Obama just wants it to look that way.

The clueless will buy his BS lines and Obama can blame Republicans for his mess.

Obama - good; Republicans - bad.

Under Obama's "tax the rich" plan, the fiscal crisis wouldn't be averted. That's a total joke. It's not a plan at all.

Amid all the political and media hoopla about the "fiscal cliff" crisis, there are a few facts that are worth noting.

First of all, despite all the melodrama about raising taxes on "the rich," even if that is done it will scarcely make a dent in the government's financial problems. Raising the tax rates on everybody in the top two percent will not get enough additional tax revenue to run the government for ten days.
It's disgusting that Obama is lying to the American people and the Leftist media are allowing him to get away with it. They're enabling the deception.
And what will the government do to pay for the other 355 days in the year?

All the political angst and moral melodrama about getting "the rich" to pay "their fair share" is part of a big charade. This is not about economics, it is about politics. Taxing "the rich" will produce a drop in the bucket when compared to the staggering and unprecedented deficits of the Obama administration.

No previous administration in the entire history of the nation ever finished the year with a trillion dollar deficit. The Obama administration has done so every single year. Yet political and media discussions of the financial crisis have been focussed overwhelmingly on how to get more tax revenue to pay for past and future spending.

The very catchwords and phrases used by the Obama administration betray how phony this all is. For example, "We are just asking the rich to pay a little more."

This is an insult to our intelligence. The government doesn't "ask" anybody to pay anything. It orders you to pay the taxes they impose and you can go to prison if you don't.
Obama should be honest and quit distorting reality.

He should tell the American people that his plan to soak the rich will be utterly ineffective. It's all smoke and mirrors.

Obama should tell the truth.

The real cliff he's leading us over is so much deeper than he's willing to admit.

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