Insanity: doing the same thing over and over again and expecting different results.
After last Thursday night’s presidential address before the Congress, there can be no question about it. Barack Obama is certifiably insane. He has gone beyond stupidity, apparently having no intention of rebuilding the economy of the United States. If he is not insane, the only other explanation for his comments is that he is, in fact, attempting the destruction of our country for his personal ambition, whatever that may be.
The Obama jobs proposal outlined to Congress on September 8, has as its goal, the financial destruction of the United States economy, our liberty, our way of life. His proposal displays a total lack of common sense, a trait which evidently is rampant in the United States Congress.
Today the national debt stands at 14.7 trillion dollars, the total tax revenue of the United States as of today is 2.3 trillion dollars, and the current goods and services sold, again as of today, in the United States is 19.9 trillion dollars.
Social Security is close to going broke, a situation which did not exist prior to the Congress authorizing the theft of money from the Social Security Trust Fund in the 1970s to fund other programs. The solution to this problem, according to Obama, is to cut the Social Security tax. He proposes a fifty-percent reduction on what employees and employers pay. Yep. The government that stole from the trust fund plans to make up the Social Security deficit right by reducing revenues to Social Security by half.
But that is not enough. He also wants to cut taxes to the “Middle Class.” According to Obama, the savings to the taxpayer earning $50,000 a year would be about $1,500. With a taxpaying population of 112-million plus, the tax revenue lost by this brilliant plan would increase the deficit by a mere 118 billion dollars. Obama’s plan to increase jobs, by the way, will, according to Obama, will cost 450 billion dollars.
Talk to any housewife who does the grocery shopping and she can explain how a decrease in family income somehow fails to be solved by spending more money at the grocery store and Wal-Mart.
But the logic of an increasing debt caused by increased spending just doesn’t compute with Obama. What he wants to do is to increase jobs by building and repairing, bridges, roads, schools, you name it, anything which will pour money into the coffers of organized labor. It doesn’t matter that the United States can’t pay for it. It doesn’t matter that we are on the verge of bankruptcy. It doesn’t matter that the real unemployment rate is over 19%, not the 9% the government claims, that figure being based on how many are being paid unemployment insurance, not how many are actually unemployed.
Obama’s economic plans won’t work. The only way to solve the problem of unemployment and debt is to stop government spending, and stop it now. Our current leadership is not up to the task.
But then by definition, Obama is insane.
After last Thursday night’s presidential address before the Congress, there can be no question about it. Barack Obama is certifiably insane. He has gone beyond stupidity, apparently having no intention of rebuilding the economy of the United States. If he is not insane, the only other explanation for his comments is that he is, in fact, attempting the destruction of our country for his personal ambition, whatever that may be.
The Obama jobs proposal outlined to Congress on September 8, has as its goal, the financial destruction of the United States economy, our liberty, our way of life. His proposal displays a total lack of common sense, a trait which evidently is rampant in the United States Congress.
Today the national debt stands at 14.7 trillion dollars, the total tax revenue of the United States as of today is 2.3 trillion dollars, and the current goods and services sold, again as of today, in the United States is 19.9 trillion dollars.
Social Security is close to going broke, a situation which did not exist prior to the Congress authorizing the theft of money from the Social Security Trust Fund in the 1970s to fund other programs. The solution to this problem, according to Obama, is to cut the Social Security tax. He proposes a fifty-percent reduction on what employees and employers pay. Yep. The government that stole from the trust fund plans to make up the Social Security deficit right by reducing revenues to Social Security by half.
But that is not enough. He also wants to cut taxes to the “Middle Class.” According to Obama, the savings to the taxpayer earning $50,000 a year would be about $1,500. With a taxpaying population of 112-million plus, the tax revenue lost by this brilliant plan would increase the deficit by a mere 118 billion dollars. Obama’s plan to increase jobs, by the way, will, according to Obama, will cost 450 billion dollars.
Talk to any housewife who does the grocery shopping and she can explain how a decrease in family income somehow fails to be solved by spending more money at the grocery store and Wal-Mart.
But the logic of an increasing debt caused by increased spending just doesn’t compute with Obama. What he wants to do is to increase jobs by building and repairing, bridges, roads, schools, you name it, anything which will pour money into the coffers of organized labor. It doesn’t matter that the United States can’t pay for it. It doesn’t matter that we are on the verge of bankruptcy. It doesn’t matter that the real unemployment rate is over 19%, not the 9% the government claims, that figure being based on how many are being paid unemployment insurance, not how many are actually unemployed.
Obama’s economic plans won’t work. The only way to solve the problem of unemployment and debt is to stop government spending, and stop it now. Our current leadership is not up to the task.
But then by definition, Obama is insane.
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