I've been watching the unrest in Egypt of late and haven't gotten around to posting my thoughts on President Obama's State of the Union address, until now, so apologies for the tardiness. I'm going to kind of bullet point some thoughts.
* President Obama wants to cut $400 billion over ten years from the budget. For those of you who are math challenged, like he apparently is, that's $40 billion per year (assuming all projections hold true). That's the equivalent of promising to make sure you get the change from you're $0.99 meal. The projected deficit for 2011? $1.27 trillion. The $40 billion proposed cut doesn't make it to the decimal points used to express the deficit.
* President Obama wants to freeze spending levels for five years at their current level. Problem is, he's freezing a massive increase which took place over the last two years (see this Wall Street Journal article for details of increased spending).
* At some point during the speech, reality became stretched thinner than at the event horizon of a black hole and President Obama, while talking about cutting the budget deficit, started talking about "investing" in education and green energy technology so that the government can foster innovation. If you haven't noticed, "investment" means spending. Apparently, the reputed move to the center is no more than a move to talk to the center, while feinting back left. His crossover dribble from all that basketball must be awesome if it's anything close to his ability to talk out of both sides of his mouth.
* But my favorite was that apparently, President Obama believes that "the responsibility to govern is now yours, as well", referring to Republicans. I guess he finally acknowledged that he didn't think they were supposed to participate before the 2010 elections swept the Democrat majority from the House.
The President's State of the Union speech merely highlighted his disunion from reality, truth and the will of the American people.
I want to know what happened to my Bush tax cuts? Weren't they extended? Why are they taking out an additional $31.57 from my pension check this month? Hate to see what would happen if they raised taxes.
ReplyDeleteAs Milton Friedman says, it is immoral to force someone to do something unless it is to prevent infringing on the rights of others. So it is immoral for the government to make me pay taxes. I'm guessing the Liberals feel if I didn't pay more taxes, I would be infringing on the rights of the welfare recipients to stay home and not work while I support them.