While these realities are incredibly harsh, the issues are sadly, but not unexpectedly, being used as political fisticuffs. You see, progressives on both sides are arguing about where the money should be spent, rather than responding with fiduciary responsibility in an effort to prohibit Uncle Sam from suffering catastrophic financial injury.
Most of America thinks our elected officials are working diligently in an effort to curb the affects of the approaching storm, enacting policy changes to mitigate the damage and prohibit future economic disasters. Outside of a handful of conservatives, they are sadly mistaken.
Our old friend Larry Kudlow suggests President Obama does not want to see America regress into another recession. We rarely part company with Kudlow, but since the president has been eagerly implementing policies that punish success while creating a culture of dependency, Obama not only does not care about a second recession during his watch, he is actively enabling it.
In fact, the Democrats, giddy over the election results, are seeking political gain at the expense of the American public. Any and every opportunity to spend more money in effort to collapse the system into a new socialistic structure is being pursued, and scapegoats in the form of non compliant Republicans are being targeted.
Grover Norquist/Photo/AP |
Norquist is under fire, and is not taking the attacks lying down. Sadly, some republicans have announced they will break their pledge, hoping to save their political future. From my perspective, republicans who raise my taxes have no political future.
Contrary to the media, the fiscal cliff is not about Norquist. Without question, President Bush spent way too much money, but Obama, with control of the House of Representatives and the Senate, ran up the tab exponentially with little to zero return on or of investment. By design.
Obama has a mindset that America stole from other countries to accumulate its wealth, and that wrong must be righted with the vehicle for correction being the transfer of wealth. Domestically, Obama holds the same "you didn't build that" philosophy and aims to transfer wealth from those who have it those who do not.
Don't look now, but Obama and his progressive cohorts have been quite effective thus far. Although Dodd-Frank was quite significant, Obamacare is the central legislative act for wealth transformation.
Given our amount of debt, we are already over the fiscal cliff and arguments to the contrary are mind games. In fact, without government intervention, we are and have been in recession.
The course of action for republicans, and America, is to call Obama on the table. After Uncle Sam has run up to the max limit every credit card in sight, rather than continue to allow the government to steal our money, they need to walk back all their negative return investments and excessive entitlements. The GOP should not be party to joining in any balanced objectives, otherwise known as tax increases.
Unfortunately, Obama and the progressives do not share the same objectives sound economic thinkers possess. Under their direction, we will be driven to bankruptcy as our system collapses into a socialistic big government nanny state with controlling mechanisms keeping the citizenry under thumb; robbed of incentive, dignity and hope.
Free market capitalism remains the best path to prosperity, inclusive of limited government.
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