7/18/2011

Tax and Spend or Spending Cuts?

Greece riot austerity

Pittsburgh, Pennsylvania – July 16 –

White House:

increase the debt ceiling long enough to get the country through 2012, when Obama and most lawmakers are up for re-election.

No, put the heat on them to cut spending.

I’m taking the position that more taxes and spending is irresponsible. Now is the time to demonstrate to Moody’s, China, and the world that the United States of America has common sense. A friend of mine suggested that the President may be afflicted with megalomania.[1] His spending has used up any wiggle room that we had in the debt ceiling limit. Now, President Obama wants to continue on the taxing and spending course that has put the country’s credit in jeopardy. Taxing and spending shut down Minnesota. Spending resulted in austerity in Greece. Spending resulted in rioting in Greece. Taxing and spending are being cut in Wisconsin, Ohio, New Jersey, Indiana, and, yes, even California. Taxing and spending are the easy way out in politics. Moody’s, China, and others may punish all of us for politicians taking the tax and spend route. We all may suffer many hardships as a result of politician’s behavior. We all may suffer many hardships, if President Obama is allowed to try to fundamentally transform America.

[1]

Definition of MEGALOMANIA

1

: a mania for great or grandiose performance

2

: a delusional mental disorder that is marked by feelings of personal omnipotence and grandeur