Skip to comments.Facts are stubborn things (Part 1) [Tea Party Express](Part 2 #25)
Posted on 12/06/2011 12:26:52 PM PST by Syncro
click here to read article
It’s gonna be a long hard fight, but with all they are doing to destroy this country it’s like them saying “bring it”
And bring it we will!
thanks for the ping.
So the Democrats were responsible for the bursting of the housing bubble even though Republicans controlled both houses of congress and the Executive branch until the peak of the housing bubble in 2007.
This is Part 2 of a 2 part commentary. If you missed Part 1, you can read it here.
Part 1 ended with the idea that Its time to cut spending. The left blames the Iraq war for deficits, but that just doesn't add up.
Obama and the left claim apocalypse will occur if you cut anything from the budget. Any time someone claims that immediate spending cuts will harm the economy -ignore them, laugh at them, mock them. You know why? Because spending never goes down. Never. Republicans, Democrats and the Press all deceive you when they use the word cut. When businesses cut expenses, spending declines. When people cut their bills, they spend less. But when government cuts spending, the total amount spent still rises, always. And the Press never explains this properly.
While any tax increase occurs immediately, another sleight of hand is that the spending cuts are planned for the last couple of years of any ten year deal, as in years eight, nine, and ten. So they know it will never happen. Its four or five Congresses from now. Laws change. Deals are forgotten. Promises are broken. The only thing that really matters is next years budget. Will it be less than the previous year? Now that would be a real cut. All that other deal stuff? Increased spending. Politicians want deals; Americans want solutions.
Obama used the word balanced so many times in the recent debt-limit debate it must focus-group well, but the only thing he never would accept was a balanced budget. He claims he inherited his problems. Well get over it. Every president inherits the problems left behind by the previous administration.
Ill tell you what else Obama inherited, a triple-A credit rating. He tried to blame losing that on the Tea Party! First they claim the Tea Party is fake, astro-turf, small and losing influence; then they turn around and claim we are so powerful we impacted the entire economy of the United States. I guess being President isnt enough power. Obama should try organizing a community Tea Party.
Obama loves to blame others for his poor job performance: Its Bushs fault. Obama demonized Bush as an evil fool, but Obama has adopted and continued many of Bushs policies, and justifies the bad result by saying Bush did it first! The Press lets him have it both ways, but we know better. He said we should change what Bush was doing, and a majority agreed. The problem is, Obama made it worse.
Obama has never before run on a record. Hes always run almost literally on words. Hypnotic charm, clever phrases spoken with flare. Speechwriters and tele-prompters. Now he must defend what he has done, and what he has failed to do.
What is Obamas record? Sustained high unemployment as a new norm; he has lost the AAA credit rating; he has added more to the national debt than any other president ever; he has more than tripled the annual deficit; he has implemented socialized medicine with Obamacare while health insurance costs continue to rise; he has failed to stimulate the economy; he has stopped off shore domestic oil exploration making us more dependent upon foreign sources for energy.
Food costs more. Fuel costs more. Housing values have plummeted. More Americans are on Food Stamps than ever in history. Real median household income has declined since Obama took office.
Obama claims he has leveled off the economy. If Obama were a pilot and he crashed a plane into the ground, would you say he leveled off?Answering this failed record the administration says it hasnt spent enough. But Obama doesnt seem to learn from history. Henry Morgenthau Jr., the Secretary of Treasury for FDR testified before the House Ways and Means Committee on May 9, 1939 saying We have tried spending money. We are spending more than we have ever spent before and it does not work We have never made good on our promises after eight years of this administration we have just as much unemployment as when we started .and an enormous debt to boot!
Nobody has ever spent a country into prosperity, but Obamas dogma wont allow him to learn from history.
The recent victory in Wisconsin shows us the way forward. Gov. Walker brought a $3.6 billion budget deficit into a surplus in less than 6 months without raising taxes. He did it by gaining control over the spending obligations. Its time to follow that lead nationwide. Revenues will increase through more prosperity. Grow the number of taxpayers by increasing employment rather than taking an ever larger share from those already struggling. Economic growth is the only way out of debt.
President Ronald Reagan said Freedom is not something to be secured in any one moment of time. We must struggle to preserve it every day. And Freedom is never more than one generation from extinction.
If we intend on passing the torch of freedom to the next generation, let us return our government to its Constitutional moorings. That would be real change. Let us not grow weary in the effort. Our nations future depends upon our vigilance. Our freedoms, and that of our posterity, depend upon it.
We here at the Tea Party Express are guided by our slogan of "Restore Liberty - Honor the Constitution" and our 6 basic principles:
- No more bailouts
- Reduce the size and intrusiveness of government
- Stop raising our taxes
- Repeal Obamacare
- Cease out-of-control spending
- Bring back American prosperity and jobs
I want to comment on your first plot.
The Iraq war did not cause the deficit.
The Bush tax cuts did not cause the deficit.
The failure of the economy to preform as predicted after the Bush tax cuts did not cause the deficit.
The Medicare Prescription Drug program did not cause the deficit.
Other changes to SS and Medicare did not cause the deficit.
The discretionary spending increases, i.e,. NCLB, etc., did not cause the deficit.
The tax cut of 2008 did not cause the deficit.
TARP did not cause the deficit.
And so on......
The stock market crash of 2008 is causing about 1/3 to 1/2 of our deficit today but not all of it. Not by a long shot.
It was the accumulation of all these things over a ten year period that caused the deficit. It wasn’t just Republican pigs at the trough of government. It wasn’t just Democratic pigs. It was all of them with dozens of different programs and none of them giving a GD about their cumulative effect.
Preach it! bttt
Onward to Victory 2012! TPX!
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