Thursday, December 6, 2012

We Can't Afford It

During the White House Press Conference Dec 6, 2012 the White House Press Secretary Jay Carney said this....

"The president of the United States will not sign a bill that extends tax cuts for millionaires and billionaires, or for those making more than $250,000 a year. This is an issue that the American people understand, they are very clear about, and -- if public surveys are to be believed -- are supportive of the president on. We can't afford it.

We can't afford it? Did he really phrase it that way? Interesting because I don't know about your family or your business but in our family, if we "can't afford it" we don't buy it. Well in the governments case, you don't spend it. Or they shouldn't spend it. But that is water under the bridge. But even in that analogy you do what you can do stop the water that will will soon wash out the bridge. When the water flow (out of control spending) is stopped you can look at reinforcing the bridge to make it stronger for the future. But all the progressives want to do is build another bridge on top of the old one, just a little but higher. Now that makes a LOT of sense doesn't it.

Like I said in a previous post, the President wants to take 1.6 trillion dollars out of the private sector and buy things that the government deems necessary. Meanwhile, the water keeps coming and coming without decline and in fact continues to rise. About all of that spending, WE CAN'T AFFORD IT". You might say, well the rich can afford it, they are not paying their fair share... give me a number on what you think qualifies as "fair share". I have been looking for a Democrat to stand up and tell us what meets the fair share level? I believe that the top 5% of taxpayers, cover about 70% of the total revenues as it is now.... you want that higher? What is fair about that. Just because someone has it does NOT give the government the right to TAKE it from them.

I don't see a good solution to this for the Republicans in the short term because all the President needs to do is call their bluff and it we fall after leaving the cliff, the Democrats and their lapdog media will blame it on the Republicans because they took the side of fat cats over the middle class. And if the Republicans cave and give in to tax rate increases, they can forget about EVER getting a tax cut again because this will be used as an example to throw water on the fire for cutting taxes.

The real problem is that both sides are just offering band aid solutions when a serious enema is required to totally cleanse the Washington of the crap the politicians have been serving up to ALL Americans for well over two decades now.

We can't afford it.


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