Watching Barack Obama the past couple days, there's an old quote that goes "A lie told often enough becomes the truth." Now I remembered hearing the quote many times, but didn't know who stated it. Well it was no surprise to me when I found out who said it, V.I. Lenin, communist father of the USSR. Seems like Obama is using his comrade mentor's quote to issue his own propaganda regarding our economy and I've had enough of it:
"We know that we're going to have to spend money to jump-start the economy"
"In short, a bad situation could become dramatically worse, we could lose a generation of potential and promise."
"The most important message today is that the situation is getting worse, we've got to act boldly, and we've got to act swiftly. We cannot delay,"
“if nothing is done, this recession could linger for years.”
"only the government can provide the short-term boost necessary.
"We're already looking at a trillion-dollar budget deficit or close to a trillion-dollar budget deficit, and that potentially we've got trillion-dollar deficits for years to come, even with the economic recovery that we are working on at this point,"
Different statements all explaining the one goal he has in mind; the government being the end all be all of the American economy. I understand the economy is bad, I've stopped taking a salary from my company, but is higher government spending really the answer? He can spend all he wants, but will it increase private spending, entrepreneurship, productivity? We know it's going to increase public works projects and "green" jobs, but where will that take us? Those infrastructure jobs will come to an end, then where do the workers go? (I'm sure their going to be union) Also, the funding is going to have to come from somewhere, which I think he's going to soak not only the rich, but the middle class and small businesses (America's heart and soul) with higher capital gains, payroll taxes, estate, and whatever else he can come up with.
Now what we need is Republican leadership to stand up and yell STOP! Obama can entice our leaders in Congress with "tax credits cuts", but it shouldn't work. If Obama wants to work with our party, then let's discuss keeping the Bush tax cuts, eliminating the AMT, lowering the corporate tax, cutting capital gains to 10%, and if he's so consumed by helping the middle class, then cut the 15% and 25% brackets to 10% and 15%.
Increased government spending hasn't solved anything. Go back to Japan's lost decade and see how the government made everything worse, take a look at the Great Depression and how the New Deal was so "great", take a look at anything the government can get control of and see how awful it turns out.
Here's a great quote for you regarding Obama holding the government accountable with spending:
"new higher standard of accountability, transparency and oversight. We are going to ban all earmarks, the process by which individual members insert projects without review," Obama said. "We're not having earmarks in the recovery package. Period."
That's a bold face lie if I ever saw one, Democrats creating bills without any earmarks, ha.
Now I've called my senators and house member (who are all Massachusetts liberals and it was probably useless to call them anyways because they don't care.) and I urge you to do the same. Enough is enough because when the chickens come home to roost with all this government spending, it's going to be us getting sent to the slaughterhouse, not them.