It's not about what's best for you....
It's not about what's best for the nation...
It's most certainly not even about what's best for the economy.....
It's all about them, their pork, their special interests, and above all, it's all about what's best for advancing the Libthink agenda. It's likely to join the "bailouts" as the BIGGEST financial disaster EVER for this nation.
Key point:
"In the early 1980s, we dug out of a deep recession by easing the tax burden on businesses and American people to save real jobs rather than creating jobs we didn't need.
Now, worse than all the pork or the massive de facto tax hike (someone pays -- always) is the mass acceptance that we can stimulate the economy by buying our way out of trouble.
Democrats, in fact, have exploited our alarming situation by trying to enact highly ideological policy that is jammed with political payoffs (the very same crime they accused the Bush administration of committing).
Because in this 'stimulus' plan, the only things stimulated are the imaginations of power-hungry partisans."
Look what's in this monstrosity:
"There's $1 billion for Amtrak, the federal railroad that hasn't turned a profit in 40 years; $2 billion for child-care subsidies; $50 million for that great engine of job creation, the National Endowment for the Arts; $400 million for global-warming research and another $2.4 billion for carbon-capture demonstration projects. There's even $650 million on top of the billions already doled out to pay for digital TV conversion coupons.
In selling the plan, President Obama has said this bill will make 'dramatic investments to revive our flagging economy.'
Well, you be the judge. Some $30 billion, or less than 5% of the spending in the bill, is for fixing bridges or other highway projects. There's another $40 billion for broadband and electric grid development, airports and clean water projects that are arguably worthwhile priorities.
Add the roughly $20 billion for business tax cuts, and by our estimate only $90 billion out of $825 billion, or about 12 cents of every $1, is for something that can plausibly be considered a growth stimulus.""Another 'stimulus' secret is that some $252 billion is for income-transfer payments -- that is, not investments that arguably help everyone, but cash or benefits to individuals for doing nothing at all. There's $81 billion for Medicaid, $36 billion for expanded unemployment benefits, $20 billion for food stamps, and $83 billion for the earned income credit for people who don't pay income tax. While some of that may be justified to help poorer Americans ride out the recession, they aren't job creators."
"The larger fiscal issue here is whether this spending bonanza will become part of the annual 'budget baseline' that Congress uses as the new floor when calculating how much to increase spending the following year, and into the future. Democrats insist that it will not.
But it's hard -- no, impossible -- to believe that Congress will cut spending next year on any of these programs from their new, higher levels. The likelihood is that this allegedly emergency spending will become a permanent addition to federal outlays -- increasing pressure for tax increases in the bargain. Any Blue Dog Democrat who votes for this ought to turn in his 'deficit hawk' credentials.
This is supposed to be a new era of bipartisanship, but this bill was written based on the wish list of every living -- or dead -- Democratic interest group. As Speaker Nancy Pelosi put it, 'We won the election. We wrote the bill.'
So they did.
Republicans should let them take all of the credit."
May God save us from the destructive intents of these impostors who impersonate responsible public servants.
I would be embarrassed if were a democrat!
ReplyDeleteIt's going to be a long four years.