Another Nobama Blogburst.
The
media and candidates assure us that the number one issue in the minds
of prospective voters is the economy, so this week we will address that
issue; and we’ll do it clearly and concisely. Two concerns right off
the mark: (1) If Americans are nervous about the economy, why on earth
would they turn to a Democrat for help? (2) If Americans are nervous
about the economy, have you heard Barack Obama say anything beyond
vague election-year promises?
We
don’t want to waste any time on adolescent bantering, but the truth is
that our present economic conditions are a direct product from the
seeds of eight-years of Bill Clinton. It is also true that
Congressional Republicans failed to deliver on their contract with
America . And now let’s get down the brass tacks.
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With
everything going on in your everyday life, you don’t have the time, and
probably not the inclination to spend hours sifting through, and
thinking about the Obama/Biden Economic Plan. Neither do the authors of
that website, apparently. After considering tens of thousands of words
of gibberish, what we found are volumes of proposals, policies,
programs, and promises, and less than 10% of these ideas come close to
responsible or prudent. And this is apparent at the very beginning.
According to Mr. Obama:
Wages
are Stagnant as Prices Rise: While wages remain flat, the costs of
basic necessities are increasing. The cost of in-state college tuition
has grown 35 percent over the past five years. Health care costs have
risen four times faster than wages over the past six years. And the
personal savings rate is now the lowest it's been since the Great
Depression.
Tax Cuts for Wealthy Instead of Middle Class: The
Bush tax cuts give those who earn over $1 million dollars a tax cut
nearly 160 times greater than that received by middle-income Americans.
At the same time, this administration has refused to tackle health
care, education and housing in a
manner that benefits the middle class.
In
laying his predicate, Obama wastes our time with what we already know.
In 1954, a loaf of bread cost five-cents. In fifty-five years, prices
have increased; but I also know that back then, my father earned $60 a
month; when he retired in 1972, he earned over $3,000 a month. Next,
Obama typically engages in Marxist class-warfare, a classic saw within
the Democratic platform. The facts tell us something else. According to
U. S. Treasury Department, taxpayers in the top half of income paid 96%
of the total income tax revenues. In future years, the percentage of
income tax paid by middle class citizens who fall into the bottom half
of income earnings will be less than 4% of the total. That presumes, of
course, that Barack Obama is defeated in this election. So it would
seem that Mr. Obama is being dishonest. If the American people elect
Barack Obama to the presidency, taxes will increase across the board.
And the proof of this is that Barack Obama cannot increase government
spending AND provide meaningful tax cuts to “95% of the American
workers.”
Barack Obama claims that he has
a plan to jumpstart the economy — and he plans to do this by giving
“something back” to Americans. At the very outset, he wants to tax oil
company profits to give American families a $1,000 rebate. Now if you
lack critical thinking skills, this sounds great. History tells us that
government does not exist to give us money; in fact, the opposite is
true. Every “benefit” costs the American worker money. But now
consider, if these funds come from the “greedy oil companies,” what is
the likely consequence to the cost of gasoline and heating oil? By the
end of the first year, Obama’s rebate checks might offer consumers with
a “break even” scenario.
He also wants to
give $50 billion to state and local governments so that each of us can
have access to health, education, housing, heating fuels, as an offset
to property taxes. Forget that federal grants do not offset state,
county, or municipal taxes, but do think about this: his allocation of
one-billion dollars to each state, if distributed on a per-capita
basis, is a laughable benefit. In California , the per-capita share of
one-billion dollars is $27.35, and in Pennsylvania , it comes to
$80.43. Once again, Barack Obama is following the example of Bill
Clinton in 1991 — promises made, promises broken.
Obama wants to provide “a tax cut” to middle class Americans. This is what he wrote:
Provide
a Tax Cut for Working Families: Obama and Biden will restore fairness
to the tax code and provide 150 million workers the tax relief they
need. Obama and Biden will create a new "Making Work Pay" tax credit of
up to $500 per person, or $1,000 per working family. The "Making Work
Pay" tax credit will eliminate income taxes for 10 million Americans.
Mr.
Obama is not going to cut taxes. It is impossible to cut taxes for 150
million Americans — half of our entire population, when he in fact
intends to increase spending by $3 Trillion. Our grandfather might have
noted, “This dog won’t hunt.” Additionally, ten million Americans is
roughly three percent of our population, so at this point we must ask,
“Who benefits most from the Obama plan?” The answer is, “Not the
average American.”
Barack Obama and Joe
Bide believe that foreign trade should strengthen the American economy;
it should create more jobs for Americans. Obama vows to “fight for fair
trade,” which means that he will erect trade barriers that will make
imported goods more expensive, and domestic made goods less appealing
to foreign consumers. How does this help “jump-start” the economy? The
answer is it doesn’t. Two issues come to mind. The first is, think
about an increase in the retail cost of Chinese-made “junk” you find on
the shelves at Wal-Mart. Second, what will happen to American jobs when
foreign buyers no longer purchase domestic-made goods? Does Obama have
a realistic goal for our economy? No, he does not.
Several
years ago, a thoughtful schoolteacher noted the following: when her
school district gave teachers a raise, there was a direct and immediate
increase in the cost of food, utilities, clothing, fuel, and medical
and dental costs. She noted that if her new salary was a modest
increase of four percent, the cumulative weight of increased costs
across the board resulted in an income loss. Now, Barack Obama wants to
“reward” companies with tax breaks when they pay their workers a
“decent wage.” We don’t know what “decent wage” means, but we do
understand Barack Obama’s very first statement: “Wages are stagnant as
prices rise.” We also understand that Obama does not have a solution to
a problem he identified as a national problem.
To
bolster manufacturing, Barack Obama will create an “Advanced
Manufacturing Fund.” The first intelligent question is, “What is that?”
The next question should be, “Where will the money come from?” The
answer to the first question is it is another costly government
bureaucracy. Another government program, another layer of inefficiency
added to the federal government. The answer to the second question is
simple: it will come from the pockets of the American worker. Is this
what Americans want? Does anyone honestly trust Obama with a flagging
American economy?
To simplify the
process of investigating the Obama Economic Plan, we’ve compiled the
following chart. It will take just a few minutes to review it, and the
reader can investigate further at the Obama website. But the sheer
weight of this information demonstrates that Barack Obama’s Economic
“break for Americans” is a fraud.
(click chart for larger image)
Note
1: Job training programs are vital to ensuring that young people
entering the work place for the first time are qualified to find and
maintain good paying and rewarding jobs/careers. We concur that
retraining is a necessary step for workers laid off in a dwindling
industry, but we also think that an increase in vocational/technical
training as an adjunct of public education makes sense for 70% of high
school students. Most educators regard such programs as invalid, but
the absence of such programs explains why our dropout rates are so high
within the public education sector.
None
of the foregoing should surprise; these are economic programs an we can
expect an avowed communist to support. The question really is, having
won the cold war, do the American people now want to put a communist in
the White House? We should make no mistake: Barack Obama has been a
communist at least since 1991 . . . more illusive deception on his part
. . . and none of these programs are the right fit for the United
States of America.
Again, vote NO Obama, and vote NO for socialist members of Congress seeking reelection.
Participants: Always on Watch; And Rightly So; Big Girl Pants; Chuck Thinks Right; Confessions of a Closet Republican; Defending Crusader; Farmer’s Letters; Fore Left; GeeeeeZ; Has Everyone Gone Nuts?; Learn Something Today; Long Range; Palace for a Princess; Papa Frank; Mind of a Misfit; Paleocon Command Center; Political Yin and Yang; Pondering Penguin; Right Truth; Social Sense; The Amboy Times; The Bitten Word; The Crank Files; The Jungle Hut; The Logic Lifeline; The Merry Widow; TSOFAH.
