By Hook Or By Crook, They Will Get Their Revenue
In what had to be one of the more epic political understatements of the last five years, President Obama announced in his grandiloquent, condescending manner that he wouldn’t balance the budget just for the sake of balance. Well that’s a relief. Maybe our President could try balancing it so that we don’t wind up allocated a significant chunk of our GDP in the out years to paying off our current year ongoing spending binge. Oh, wait, I get it! The light bulb just turned on. President Obama doesn’t even intend to TRY and balance the Federal Budget. Wow! That makes it easy.
So if we no longer care about balancing the Federal Budget in any way, shape or form, could we all just scrap the idea of jacking everyone’s taxes through the roof. I mean Ben Bernanke will just print us out of any trouble. The dollar is the world’s de facto currency. Our government’s spending is no problem. Therefore, we can all just keep our money and live happily ever after in our Post-Modern, Disney Consumption Land. Barack Obama is far too nice a gentleman to even consider another round of tax increases. Bwank! Thanks for playin’!Read More »