Leave a comment

No "Consensus" to President Obama’s Stimulus

The “Consensus” the President claims from economists for the need for a big spending package called a stimulus does not exist. Consider The Cato Institute’s recent Wall Street Journal ad. Also the public is outraged at some of the purely partisan pork laced throughout the bill, so deeply that a rewrite is not enough. Republicans Object to Stimulus Dollars for ACORN. Note this quote from Republican Louisiana Senator David Vitter:

“It’s just a long list of spending items. Not a real economic stimulus job creation bill,” Vitter said. “It’s line after line after line of favorite liberal spending programs, and it amounts to a big government bill — not a job creation bill.”

In the schoolyard most people learn that you have to take your lumps for stupid behavior. Americans have generally acted stupidly with too much spending and the government is way worse than most individuals. We have been speculating on the profits of good days past and spent in the hope that this income would continue.
Even worse than spending on projected income is the greed that permeates our society. President Obama’s nominees for posts are mostly overly wealthy at the expense of the taxpayers and corporate shareholders. This profiteering/piracy is not without many knowing and even trying to also capitalize. These are just, as the President and others claim, the best at what they do. What they do is not to relevant to the cabinet post each is nominated for because what they will do in any position of power is to hurry the country to a collapse.
We all need to slow our Senators and Representatives down and get control of our spending and taxation. More programs will not help but fewer more frugal ones that do only the basic jobs that are truly Constitutional in their scope will start a recovery. We cannot keep adding to our spending and expectations that government will solve the problems existing. Quoting one of the greatest Presidents of the twentieth century:

“Government is not the answer, Government is the problem.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: