While fellow conservatives bash the president for telling Speaker of the House John Boehner that the country doesn’t have a spending problem, I offer Barack Obama another thank-you.
Just when I thought that the GOP’s own ineptitude was going to sink the party, the man-who-would-be-president proved once again that when it comes to being out of touch, you can’t get any better than the First Community Organizer.
Led by Barack Obama and the Democrats, Congress passed a budget plan that doesn’t even do what they said it would- keep taxes lower for anyone not a millionaire or billionaire.
So, now we can add “fiscal cliff’ to the notable failures of Congress, the president and political elites since the turn of the century, including but in no way limited to other failures such as: “Obamacare,” which helps healthcare costs go up, not down; “Pelosi-care,” which funds “green” companies with taxpayer dollars so people with connections to anyone named Pelosi, Reid or Obama can benefit; “Cap ‘N Tax,” which, if given a chance, would have seen Al Gore transferring US coal reserves to the OPEC states and Al Jazeera before a tax deadline- and I’m not kidding on that; or any one of several “jobs” bills, where the only job created was the jobbing of taxpayers for the benefit of mobbed-up highway contractors.
While Obama told everyone his fiscal cliff solution meant that taxes were “only” going up for millionaires and billionaires, he forgot to mention that he was reckoning those figures in Japanese Yen- a million Yen equals only $11,433.80 reckoned in US Dollars.
So…anywho…taxes are going up on EVERYONE, even lowly community organizers.
The budget won’t be cut ANYWHERE, not even in the Defense Department.
Actually, we should all stand-by for more dumb spending proposals, and the taxes that go along with them.
Because the Dems wasted no time in turning the political victory they waged on the GOP into Pyrrhic victory they wage on taxpayers.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 24th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Tuesday April 22nd, 2014 | John Ransom