I will admit that when I heard details of Obama’s new budget proposal, I was not impressed and maybe a little pissed. News channels were showing the massive binders that held the new Obama budget proposal; all those trees that had to be cut down to produce all that worthless paper.
I admit that I have not read the proposal but just hearing about a few details leaves one less than impressed or even optimistic that this Congress can actually tackle our economic woes.
One thing I do know is that Obama appointed a bi-partisan commission to submit to the nation what steps need to be taken for us to get ourselves in a better financial position. I have heard that NONE of their recommendations were followed, even in part mainly because they proposed touching items that have long been untouchable like Social Security, Medicare, Medicaid, Defense, certain exemptions like home mortgage interest, etc.
The budget is a political football that is going to be tossed from party to party since no party wants to be seen as the ogre that took away grandma’s retirement money or health insurance and left her to die alone and penniless. Obviously that is political bullshit and once you get into real details you can start making some economically wise decisions.
One issue that I know Obama is concerned about is the current economic recovery that is taking some baby steps in the right direction; if we drastically cut spending it will mean far fewer dollars going into the economy and that is not what the economy needs right now.
Obviously, this is not an easy subject to address but the Tea Party thinks it is; cut $100 Billion now or we throw your asses out at the next election….Republicans are taking note…believe me.
I will be having more to say about this budget battle once more details are forthcoming but what I already don’t like about what Obama and his Democrats are proposing is the same socialist shit they always propose; take from the rich and give to the poor…Robin Hood all the way.
But also, they are cutting small amounts here and there but they are also increasing spending for their pet areas like education and for that they need to raise taxes.
This morning on CNN, one reporter was asking Congressmen and women what they would CUT in the new budget and one Democratic Congresswoman loudly and forcefully said, I WANT TO CUT THE BUSH TAX CUTS…same ole’ socialist Democrats.
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