Thursday, February 26, 2009

Take everything they [you] earn, and it still won't be enough.

The bottom line is that Mr. Obama is selling the country on a 2% illusion. Unwinding the U.S. commitment in Iraq and allowing the Bush tax cuts to expire can't possibly pay for his agenda. Taxes on the not-so-rich will need to rise as well...Mr. Obama is very good at portraying his agenda as nothing more than center-left pragmatism. But pragmatists don't ignore the data. And the reality is that the only way to pay for Mr. Obama's ambitions is to reach ever deeper into the pockets of the American middle class.
The 2% Illusion

2 comments:

Sondra said...

Ok, so you pointed out you dont like Obama and his plan...if you are not part of a solution you are part of that problem, now what is YOUR solution? It's very easy to sit back and criticize, give the details of YOUR plan lets compare and see which will work and which will not! GOP had 8 yrs to do something, they dug this hole~it will take more than a few tweaks to fill it in again.

You should use this energy you have as an oppurtunity...come up with something better, then come and lay out your ideas....this blog is unfinished until you do that.

lgstarr said...

200 economists took out full page ads explaining that Obama's plan will not work. Please look at this:
http://tinyurl.com/bbtsf6

Yahoo Answers provided this proof that Democrats stopped Republicans from pursuing regulation of Fannie & Freddy: "Go to the USSenate.gov site and find the minutes under the Thomas section and read for yourself. The bill is S.109"
http://tinyurl.com/c659ws

In fact, Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Alone... Dems Ignored Warnings!
http://tinyurl.com/5xz7d6

And you can watch an 8-minute video of Democratic members of Congress actively insulting Republicans who are calling for reform and refusing to even consider regulations:
http://www.freespeech.com/?p=754

Solutions? I read The Wall Street Journal everyday where real solutions are presented by real experts...but everyone agrees it revolves around tax cuts which has been one of the main reasons we have recovered from all previous recessions. CNN had this article from a Harvard Economist touting this very same thing last September:
http://www.cnn.com/2008/POLITICS/12/29/miron.stimulus/index.html