Tuesday, February 14, 2012

Obamaville, February 14 - Obamanomics Center of Budget Debate


 The Wizard of Washington on Economics

This week President Obama unveiled a record $3.8 trillion budget, promising $4 trillion in deficit savings the next ten years while sticking it to the rich.  Of course most of the cuts are from mandatory budget cuts resulting from the inaction of Obama and Congress on reaching any agreement on the budget.  Other cuts came from ending the wars in Afghanistan and Iraq.  Didn't stop the administration from taking credit for it.

Obamanomics did not include anything new to cut federal spending, fix Social Security, make Medicare sound, reduce the national debt, lower health care costs or most other things he, the GOP and Democrats promised.  Imagine that, broken promises from politicians.

One wonders if the fact he dumped his entire economic team that guided him through the first three years had anything to do with the lack of details and failure to address national priorities.

Congress and the White House will now spend the rest of the election year blaming each other or the political parties for all their failures that have been and are yet to come even though no one has done anything to find solutions.

The failure to address long term debt and deficit issues is turning their back on all of our youth because the systems will be broke long before today's youth have finished paying their fair share.

Sometimes it seems as if the only solution to our problems, which are caused by political expediency, greed, waste and abuse, would be to throw them all out of office.  It might make things interesting if Washington, D.C. was filled with new faces.

We already know how to survive an inexperienced president and no one seems to know what Congress is even doing.  Perhaps it would be wise for Congress to just take a vacation for the year thus ending the name calling and back stabbing so much a part of our political process.

One thing no one wants to discuss is why are we trying to raise billions of dollars in taxes on anyone when we are already wasting billions of dollars on everyone.

When nothing is getting done what have we got to lose?

No comments: