Saturday, March 14, 2009

Government - Get OUT OF THE WAY!


It seems like a fairly tale that Presidents think they can continue, ad infinitum, to spend and spend money we don't have on every dark desire in their heart. I think deep down every American knows that government is no different from each individual living in America: You cannot continue spending what you don't have and what you cannot repay. The current President thinks he has an unlimited pot of gold from which he can tap to "fix the economy". The economy can only be fixed by us, the American people - by our hard work, ingenuity and perseverance. Government should get out of the picture and leave us alone to fix our nation. GET OUT OF THE WAY!.

WASHINGTON -- To those who believe that Barack Obama is a different kind of politician -- more honest, more courageous -- please don't examine his administration's budget. If you do, you may sadly conclude that he resembles presidents stretching back to John Kennedy in one crucial respect. He won't tax voters for all the government services they want. That's the main reason we've run budget deficits in 43 of the past 48 years.

Obama is a great pretender. He repeatedly says he's doing things that he isn't, trusting his powerful rhetoric to obscure the difference. He has made "responsibility" a personal theme; the budget's cover line is "A New Era of Responsibility." He says the budget begins "making the tough choices necessary to restore fiscal discipline." It doesn't.

With today's depressed economy, big deficits are unavoidable for some years. But let's assume that Obama wins re-election. By his last year, 2016, the economy presumably will have long recovered. What does his final budget look like? Well, it runs a $637 billion deficit, equal to 3.2 percent of the economy (gross domestic product), projects Obama's Office of Management and Budget. That would match Ronald Reagan's last deficit, 3.1 percent of GDP in 1988, so fiercely criticized by Democrats.

As a society, we should pay in taxes what it costs government to provide desired services. If benefits don't seem equal to burdens, then the spending isn't worth having (exceptions: deficits in wartime and economic slumps).

If Obama were "responsible
...(Real Clear Politics).

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