Showing posts with label stimulus. Show all posts
Showing posts with label stimulus. Show all posts

Saturday, February 7, 2009

More thoughts on the so-called economic stimulus package

Well, it looks like a few RINOs have caved in and made a deal with the Democrats in the Senate. They have reduced the $827 billion stimulus plan to $780 billion, a whopping $47 billion decrease for those of you who are not very good at simple subtraction.

This so-called compromise was reached last night. If this is not annoying enough, Senate Majority Leader (and the most partisan, hateful, spiteful, mean, bitter, ornery man in the Senate) Harry Reid wanted to bring it up for a vote last night, before anyone had a chance to look through it and scrutinize the spending. He says it is too important to wait. I am going to paraphrase the quote I heard on the news today, "We can tell who the people are that want to get work done around here."

Excuse me!?!?!? Is it wrong to want to read and review a bill that is going to cost the taxpayers (yes, it will cost us - it is not free) at least $ 780,000,000,000 (it will probably cost much more)? I don't think so. It would be irresponsible not to look at it.

He does not want people to read it for fear that we will find out what spending they want to attach to it. They want to fund all of their pet projects and basically buy votes in order to maintain their power base. This is sad and pathetic. It is immoral. In fact, it is almost criminal.

Many people are starting to see that government spending will not get us out of economic trouble. It will only dig us deeper. The public is generally against more government spending (as can be seen in recent polls), especially in the form of this so-called stimulus. So why are these poll-driven, self-serving, so-called public servants seeking to pass this bill anyway? It is very early in this congressional term, and they hope people forget it before the elections. They want it to be said of them that they did something about it. In their eyes, it is better to do something, even though it will be a colossal failure, than it would be to do nothing at all.

The same people that complained about excessive budget deficits during the Bush years are no where to be found now. Why? Because the deficit never really mattered to them in the first place. They only care about power and maintaining that power.

They do not want more tax cuts because they know tax cuts work. They worked in the 80's under Reagan and they worked in the early parts of this decade under Bush. Tax rates were decreased and revenue to the treasury increased. Tax cuts actually brought more money into the treasury because people had more money to spend, businesses had more money to spend, so more people were employed. People made more money. The government was not standing in the way of prosperity (at least, not as much as they are now).

When you have a chance, read the book Animal Farm by George Orwell. The Democrats are equivalent to the pigs. They ran the farmers out of town because the farmers were abusing the animals. The pigs took control of the farm and became the leaders. The people who support the Democrats are like the horse. They see the rules changing (there is never a massive change at any one time, only little changes). Over time, these changes became diametrically opposed to the original intent of the rules. However, over time, the pigs became just like the farmers that they ran out of town. It is sad to say that Orwell's thesis is coming true in today's society.

The Democrats do not want the electorate to have more power. Rather, they want us to dependent on government to get us out of this. They want us to be reliant on government in all aspects of our life, as that will keep them in power. This is not what the founding fathers intended. And we should not allow it.

Call your representatives and senators and let them know that you are against. Demand that they vote against this. Let them know we do not want socialism in this country. It has not worked anywhere else, and we want no part of it. Do not accept an answer from them that they are going to vote for this. They work for you.

Monday, January 5, 2009

A tax cut for the middle class

It has come out in the press that President-elect Obama would like to offer a substantial tax cut to the middle class. While I am for cutting taxes, I am trying to figure out how you can cut someone's taxes who does not pay taxes. Would this not end up as nothing more than a handout?

You see, this tax cut is being offered to the middle class. The problem is that most people in the middle class do not pay anything in taxes. Yes, we have money pulled from our paycheck every time we get paid. However, when we file our tax returns, we generally get that back. Therefore, the net effect is that we pay little, if any, taxes on our income. Yes, it would benefit me. However, I would then be accepting a government bailout of sorts since it is money that I did not pay into the treasury in the first place. It is an ethical dilemma.

The bulk of the taxes that the government collects are from those who make more than $250,000. Yet, we want to tax them more. These are the people who should have their tax burden alleviated. By allowing them to have control over where their money is spent, instead of the government, they will stimulate investment in private industry, which can only be a good thing.

I would rather have individuals stimulating the economy than having the government do it. That is not their role. They are there to keep the government out of the way and allow people to prosper. They are not there to get in the way and take away the role of private industry.

Yet I see pundits in the media asking if a tax cut is the right thing at this time. That will take money away from the government, just when they need more. Why, we have an increasing national debt (thanks to Congress). We have all of these bailouts that need to be paid for (whose fault is that?). Some people just make too much money and should not get a tax cut.

Here is my question to them: If people are losing their homes (as you constantly report), if people are losing their jobs (as you constantly report), if the economy is in such poor shape, then how can you take money out of people's hands (that have money) so they cannot pay their bills?