In a press conference following the G20 summit in Toronto, Canada, Pres. Obama announced that he along with the other world leaders at the summit had agreed to cut their deficits in half by 2013.
Really? Please tell us how Pes. Obama. We had a deficit of $1.42 trillion in 2009 and are estimated to have a deficit of $1.6 trillion this year. We are spending the last stimulus package and the President is asking for another. Not to mention that the stimulus has shown no real signs of working. President Obama oversaw the nationalizing of the health care system, which will cost trillions once it is up and running( pray that it never is).
This president has spent and proposed to spend,more money than all of the other administrations since this nation was formed. And now he is going to cut the deficit he created in half in two years? While still pushing for even more federal spending? How?
I’ll tell you how. In the same press conference where he said,”Because a durable recovery must also include fiscal responsibility, we agreed to balance the need for continued growth in the short-term and fiscal sustainability in the medium term,” and also said, “As I reiterated to my colleagues, after years of taking on too much debt, Americans cannot — and will not — borrow and buy the world’s way to lasting prosperity.”
So how will he balance the spending he believes is needed for growth along with the promise to cut the deficit? Smoke and mirrors my friends.
In this same press conference while talking about cuts, he pointed out the amount of money the United States spends on Social Security, Medicare and Medicaid.
So I believe that the President will propose even deeper cuts to both Medicare and Medicaid. But we won’t really be saving anything, because the money saved from these programs will have to be moved over to Obamacare to pay for the people who are dropped from the Medi programs. Also we will no doubt be seeing more people forced onto the public plan from private insurers if Obamacare is ever allowed to get up and running.
And for all of you “Animal Farm” fans out there, surely you remember that the animals were promised an easy retirement. That a paddock had been set aside and that a pension of oats would be given to each animal upon reaching retirement age. The thing was,that as Boxer the horse, the hardest working and most loyal of all the animals,reached retirement age, the pigs changed it.
Well get ready my fellow animals. Many European countries like France for example are raising their retirement age.Look for President Obama and his legion in congress to propose doing the same here in the United States.
This is exactly why we can no longer afford moderates in congress. We must send people to the House and Senate, that will hold to hard-line fiscal conservative principles. We can no longer afford compromise. Every time a moderate compromises , they move further to the left. The nation has been allowed to move far too far to the left already.
We must on all levels of government, from local to county, to state , to federal, demand real fiscal conservatism, and not just lip service. The time has come to stand up for our founding principles and values.