Saturday, October 06, 2012

Sour Grapes

Reading over at Hot Air, I came to this article where our President tries to defend his debate performance by comparing Mitt Romney with an episode of Dancing With The Stars.
Now, my opponent, he's doing a lot of, a little tap dance, at the debate the other night, trying to wiggle out of stuff he's been saying for a year. Doing like a, it was like, "Dancing with the Stars." Or, maybe it was, "Extreme Makeover: Debate Edition." But, no matter what he says, my opponent, he's a big believer of these top-down economics. He thinks that if we spend another $5 trillion on tax cuts that favor the wealthiest, we get rid of regulations on Wall Street, all of our problems are going to be solved. Jobs and prosperity will rain down from the sky. Deficits will magically disappear. We'll live happily ever after.
Did ya catch it? Not just the Sour Grapes rendition, but his beliefs about the economy? Watch it again.
He thinks that if we spend another $5 trillion on tax cuts that favor the wealthiest,
And there my friends, is the summation of socialism. Our President thinks that tax breaks cost money. The simple truth is that the government has no money except that which it confiscates from The People. Therefore, letting The People keep their money doesn't cost the government anything, the government simply has less to spend.They've got to tighten their belts and make do with less money.

Oh, and letting people keep their money is not "top-down" economics; quite the opposite.  The "top-down" economics the President likes is when the Government gets to pick winners and losers, when the Government decides where the assets should flow, when the Government is the distributor of largesse.  After four years of President Obama we've got the largest welfare rolls ever, more people are out of work, and more people are on foodstamps than ever before.

We can't stand four more years of Barack Obama.  We certainly can't stand four more years of huge unemployment, sluggish economy, and untracked inflation.

1 comment:

Anonymous said...

One minor (but important) correction to your comment, "The simple truth is that the government has no money except that which it confiscates from The People."

Your statement is true for State and local government. The Federal government has one other method... PRINTING money.

Now that we are in QE3 (or QEn as there is no end in sight), the government printing presses are running overtime.

Uncontrollable inflation is next.

petek