Deficit reduction deceit
After income taxes have been jacked up for a targeted class of people and payroll taxes increased for 77 percent of us, only Washington could name it the “American Taxpayer Relief Act of 2012.”
Who needs pain if that’s relief? While President Obama promised “spending cuts,” we’ve heard another round of hysterics from the White House over reducing the rate of increased spending. We’ve been told masses of people will be laid off, air travel will be unsafe, and other national calamities will break out if just $85 billion of the $3.7 trillion federal budget is removed (a mere 0.3 percent).
We have a $16 trillion debt with deficits topping $1 trillion annually and the president can’t see the dreadful plank of trillions in debt for the pesky speck of billions in cuts. While he tells people to make sacrifices, the president goes on a $1 million golf vacation at taxpayer expense, after a $4 million vacation over Christmas.
Leading by example, Senator Rand Paul gave back to the taxpayers $600,000 budgeted for his office. The president, though, can’t find it within himself to return the equivalent of a few pennies from the ever-inflating federal budget.
In summer 2011, President Obama advanced the idea of sequestration. Congress passed the White House proposal, and Obama signed it into law. He vowed, “I will veto any effort to get rid of those automatic spending cuts to domestic and defense spending. There will be no easy off-ramps on this one.”
Today, he’s gone back on his word, making every effort to undo the cuts resorting to demagoguery to get his way.
Fellow demagogue in Congress, Alan Grayson says, “I think the president’s hallmark is not being on the left or the right, or even in the middle. The president’s hallmark is being practical.”
With taxes increasing, debts ballooning, spending out of control, regulations amassing, freedom gagging, welfare expanding, fiscal sanity disappearing, and paychecks declining, I don’t know how much more practicality from the president we can take.
“We must not let our rulers load us with perpetual debt,” Thomas Jefferson stated. What about this current batch? A headline recently on Time.com posed this question: “Does President Obama Really Believe in Deficit Reduction?”
Cutting only $85 billion would still leave more money in the budget this year than last year. What does that tell you?
The Rev. Mel McGinnis is a Frewsburg resident.