On my first day back to work, January 2, like many Americans, at least those who don't think WWE is real or the Kardashians are real celebrities (I still haven't figured out what their "talent" is beyond boobs, butts, and drama), I was trying to filter through the "analysis" and punditry and figure out what the last minute, middle of the night, "DEAL" that Obama and Congress made meant to ME.
Oh, there was much wailing and gnashing of teeth, from both sides of the political spectrum...which immediately told me it was a good compromise...which in political speak pretty much means a crap sandwich that no one likes, but something their respective leaders can push through so they don't look like bigger buffoons than usual.
And of course, the sycophant, toady, lap-dog media immediately started their usual "Ohhhhh, isn't he dreamy" worship of Obama for pushing through tax increases on those evil, evil, rich people.
And Republicans started their usual navel gazing-"Why don't the media like us?" B.S. that always annoys the hell out of me.
BUT, what was really accomplished? AND, ultimately, who got really screwed in this deal? I mean besides the average American taxpayer?
Well, here are my bullet points on this whole mess...with maybe a wee bit of snark...
So, that's where we stand, I guess...my taxes have already gone up...thanks to the expiration of that payroll tax cut...so...guess that a couple hundred bucks less a month I have to stimulate the economy...you know buying groceries and frivolous things like that....and here's the FUN, SUPER FANTASTAFABULOUS part.....OBAMA WANTS MORE TAXES...yes, we have truly passed into the land of the absurd...yes, this is totally awesome. Now, here's the fun part...watch what happens when the SH** hits the fan and we (all Americans) have to face the fact that Mediscare and Social Insecurity come up for {GASP} reform in a few months....ONLY the hard core, loony left, union flacking idiots believe all's well and nothing needs to be done but RAISE MORE TAXES....for the rest of us...hard choices have to be made...does Obama have the vision and guts to make them......................don't bet on it..................
Oh, there was much wailing and gnashing of teeth, from both sides of the political spectrum...which immediately told me it was a good compromise...which in political speak pretty much means a crap sandwich that no one likes, but something their respective leaders can push through so they don't look like bigger buffoons than usual.
And of course, the sycophant, toady, lap-dog media immediately started their usual "Ohhhhh, isn't he dreamy" worship of Obama for pushing through tax increases on those evil, evil, rich people.
And Republicans started their usual navel gazing-"Why don't the media like us?" B.S. that always annoys the hell out of me.
BUT, what was really accomplished? AND, ultimately, who got really screwed in this deal? I mean besides the average American taxpayer?
Well, here are my bullet points on this whole mess...with maybe a wee bit of snark...
- Obama got his tax increases...yup conservatives should be pissed that his whole 2012 campaign was based on lies, class envy, race envy (yup I said that), and more lies...and it worked...BUT, as we used to tell our son when he got caught in a lie, eventually, you will get caught. EVEN Obama....when unemployment stays high, inflation starts kicking in, and the economy stays in the gutter...even stupid Storage Wars watching Americans will figure out that all those new taxes didn't do anything Obama promised they would...in other words screwing over those evil rich people did not help out anyone else...except the welfare folks on foodstamps and other entitlement receivers...you remember those pesky 47%....now 52% that Romney cruelly pointed out were going to vote for Obama no matter what to keep those gubment checks flowing...realistically, I think Republicans did OK...even Obama knew (although he lied about it) that if those evil Bush tax cuts expired EVERY SINGLE AMERICAN still with a job (important caveat in Obamaerica) would have their income taxes go up...not just the evil rich people. Obama got as much as he could, but it could have been worse...after all, $400K? Not to stoke that class envy, but would I take a hit as a conservative Congressman to protect the salary of NFL football players, Hollyweird types, and stupid Blue Staters who voted for Obama (remember 8 out of the 10 richest counties voted for Obama, so screw'em..welcome to 2013 morons). So, the whole payroll tax hike will bite most Americans, but honestly, that was coming no matter what...gotta keep Grandma and the AARP happy, after all.
- BUT, here's the big 800,000 pound gorilla in the room, that Obama and his buddies don't want to talk about...and if Republicans were half as smart and ruthless as I am--they would be talking about 24/7...OBAMACARE is going to run over this economy and country...period. The additional $1T ..yes you read that correctly the NEW $1T in taxes from Obamacare that kicked in while everyone was arguing about $600-800B in new income taxes will ensure our country remains in, at best, anemic 2-3% economic growth (viv la Europe!) and 8-10% unemployment for the foreseeable future (much higher for young people and minorities--those same idiots that believed all the Hope and Change hype). Oh, and all you hourly workers...especially retail, restaurant and other low-skill entry level jobs---well, hope you can survive on less than 40 hours a week, cause that's coming as well. Business people are not stupid or sheep..so until the Obamabots get to implement their European socialized medicine...oh, and don't kid yourself, that's still the goal of all this...those low income, low wage folks will pay the price for Obamacare...the rest of us will see our premiums jacked up..but we'll keep some coverage....for now.....but HEY, there's free contraceptives and abortions...so hey, I guess all's well then....you can screw...just don't get sick....
- Who I really feel sorry for is the poor bastard that comes behind Obama on January 20, 2017. Although that new President could be a DemocRAT, history tells us it will likely be a Republican...who will have the godaweful task of taking the ATM card out of the hands of Congress, turning off the entitlement spigot...and telling the American people that the Emperor has no clothes and the good times are over. Will America elect someone who can do this? Or are we so far down the path of Rome, that we will elect Obama v. 2.0 to keep the good times rolling with more taxes, more free stuff and a general "Party hearty tonight, for tomorrow we pay the piper" attitude? Darn fine question. In any event, I hope someone has the balls to stand up to the "Poor and Elderly and Minority and Women and Children" industrial complex and tell the truth....yea, yea, and I want a pony, and a unicorn, and a leprechaun.
- BUT, is there hope? Well maybe, after January 20, 2017. IF we had a pro-business, pro-jobs Administration and Congress, that would rein in the EPA and all the other regulatory agencies, modify or repeal Dodd-Frank, Sarbannes-Oxley and all the other knee-jerk liberal government regulations, the impact could be significant. Add in the potential for the US to become a net energy EXPORTER...of oil, gas and coal, not ridiculous solar panels and wind turbines, and the effect on the deficit could be remarkable. Here's a little tidbit from a study during the Clinton years on the effect of high unemployment on the economy and budget deficit:
I mean THINK about that...if you cut the unemployment rate in half...to where it should be...(by half I mean to about 5-6%...using the more logical U6 unemployment rate, not the BS number quoted by the Obamamedia and cooked up by the Obama-loving Labor Department)...you could almost eliminate the Obama deficits...AND if you repealed Obamacare...WOW, think of the possibilities? Remember how all the DemocRATS love to talk about the Clinton budget surpluses???? Well we could have the Rubio surpluses of 2020??!!! How cool would that be?According to the last Congressional Budget Office estimate of the impact of unemployment on the deficit, a reduction of unemployment by only one percentage point starting in January 1995 and sustained through fiscal year 2000 would have netted the government $415 billion over those six years. Most of that would come from increased taxes paid by more people working and greater business profits ($315 billion). The rest would result from less money needed for unemployment insurance and other social programs ($32 billion), and less money spent on interest payments to service the debt ($68 billion--$23 billion in fiscal year 2000 alone).
So, that's where we stand, I guess...my taxes have already gone up...thanks to the expiration of that payroll tax cut...so...guess that a couple hundred bucks less a month I have to stimulate the economy...you know buying groceries and frivolous things like that....and here's the FUN, SUPER FANTASTAFABULOUS part.....OBAMA WANTS MORE TAXES...yes, we have truly passed into the land of the absurd...yes, this is totally awesome. Now, here's the fun part...watch what happens when the SH** hits the fan and we (all Americans) have to face the fact that Mediscare and Social Insecurity come up for {GASP} reform in a few months....ONLY the hard core, loony left, union flacking idiots believe all's well and nothing needs to be done but RAISE MORE TAXES....for the rest of us...hard choices have to be made...does Obama have the vision and guts to make them......................don't bet on it..................
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Oh and he wants more taxes...to pay for Obamacare....and who knows what else..
Oh, and how about that "balanced approach" to the deficit???? Remember any big spending cuts or entitlement reforms....nope me neither....
But yup, you're right he promised to screw us with more taxes...wow thanks for the honesty Barry.....