Thursday, February 26, 2009

“Hard Choices.” Are you kidding me?

In the midst of one of the most challenging economic situations in our history and with a deficit that will far surpass any previous budget, the president is proposing a new, huge, long-term spending that will do absolutely nothing to cure this economic flue. He has proposed a $634 billion health care plan as a “down payment” on universal health care despite having to make some “hard choices” – including tax increases to pay for it. See the story here.

Now is not the time to tax us more. Nor it is the time to spend where it won’t benefit the economy. Unlike the federal assistance to banks, the health care proposal is a permanent governmental entitlement that will only grow bigger over time. There is no economic stabilization effect in this spending. There is no potential for a return on an investment. It simply expands an already nearly unbelievable budget deficit.

And health care spending is just the most recent episode of Democrats Gone Wild on spending issues. Obviously seeing the economic meltdown as an excuse to spend like drunken sailors, the Democrats’ economic stimulus bill authorized spending everything from another $50 million on the National Endowment for the Arts to another $50 million to improve information technology security at the Department of Health and Human Services. Exactly what does that stimulate?

At the same time, Mr. Obama promises to cut the deficit in half by the end of his first time. Please, Mr. Obama, don’t insult us by thinking we’d believe that for a second. There is absolutely no possible way that can happen (with or without any fuzzy math). And for anyone who believes the budget deficit will be any less in four years, I have a few cold fusion reactors I’d like to sell you.


  1. I agree. If this were any other institution - even the Loudoun County School Board -- there would be some degree of restraint.

  2. And there adding on all kinds of new green intiatives, too, which will just dampen the recovery.

    Not now. Not this.

  3. Classic tax and spend.