Just listened to the messiah's press conference about how he pledges to cut the deficit in half by the end of his term in office. I wish I could drink/smoke whatever he is getting. He just authorized the largest increase in spending in the HISTORY of the US and he is talking about cutting the deficit. I wonder how many more times he is going to blame the last administration for his deficit troubles, considering how there is a report out today that says the SPENDULUS package is actually going to cost close to 4,000,000,000,000. Yes, that is 4 trillion dollars, and that is not taking into account the 2 trillion Geithner wants to spend on the banks.
In order to cut the deficit you have to do one of two things. You either have to cut spending, or increase your income. To increase income you have to RAISE TAXES.
Considering Obama just increased the size of government like never before it is not too likely he will find anything to cut. After all, he does belong to the party of big government, and bigger government is even better. This leaves one thing that they can do, RAISE TAXES, period. There are no other options. Anyone telling you differently is blowing smoke up your ass.
The one thing you CANNOT do in a recession/depression is RAISE taxes. Well, unless you want it to last years and years and years. You cannot stimulate the economy by raising taxes, you depress the economy. But then this does play into what many people fear, and that is a society totally dependent on the government for everything. Can you see the bread lines now?
Hopefully, more people will take an interest in what our government is doing so that in 3 more years they will know the truth of what has gone on, instead of just believing the smooth talking. Our country has its own people to blame. They are the ones that weren't paying attention over the last decade to know the truth. The blindly follow. Once upon a time in America, people paid attention. They researched and questioned. The media did real investigations and reported what was going on. Now, the media is suspect and cannot be trusted. Maybe the millions and millions that have, and will lose their jobs in the coming months will take some of the time they have to research why it all happened. They will see it was the ENTIRE governmental process that was to blame, NOT BUSH, not just the democrats and not just the republicans.
America is on the slow decline into the Abyss.
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