Charlatan-In-Chief

[3rdnlng]

http://www.weeklystandard.com/blogs/75-percent-obamas-proposed-tax-hikes-go-toward-new-spending_666067.html

 

 

"According to the minority side of the Senate Budget Committee, $1.2 trillion of the proposed $1.6 trillion in tax hikes would go toward new spending, while only $400 billion would go toward deficit reduction.

 

"The [president's] plan called for $1.6 trillion in new taxes, twice what the president asked for in the campaign. He asked for $800 billion during the campaign. Now he wants $1.6 trillion in new taxes," said Senator Jeff Sessions, the ranking member on the Senate Budget Committee, last week on the floor.

 

"Spending under that plan would increase $1 trillion above the levels agreed to in the Budget Control Act, as signed into law. We agreed to the Budget Control Act 16 months ago, in August 2011, and we raised the debt ceiling and agreed to reduce spending. We raised the debt ceiling $2.1 trillion and agreed to reduce spending $2.1 trillion. The President's plan would take out over $1.1 trillion of those spending limitations that are in current law. I repeat, spending will increase more than $1 trillion above the already projected growth in spending," Sessions added.

 

 

[B-Man]

 

You Think the GOP Has Problems?

 

FTA:

The new Democratic majority has gone about as far as it can go. You can tell that in the subtext of Democratic policy this holiday season, which seems to be: entitlements today, entitlements tomorrow, entitlements forever.

 

{snip}

 

 

This is where things start to go wrong.

 

Despite the worst economy in the last 50 years, Democrats decided to run the old plays out of the old playbook, and they just went ahead and burdened the economy with more stimulus, more entitlements, more environmental regulation, and more crony capitalism/socialism. In consequence, the economy failed to thrive as it tried to rally from the depths of the Great Recession. What a surprise!

 

 

And get this: Just when the economy needed a superfluity of risk-taking businessmen creating new jobs from Maine to California, the Dems decide to run against businessmen, spending months demonizing Mitt Romney as a cruel plutocrat!

 

 

Today, President Obama is proposing that all we need to do going forward is to increase taxes on the rich by about $80 billion per year. In the face of a $1,200-billion deficit per year.

 

 

Why won't the president come up with a proposal on entitlements? Writes Fred Barnes: "The liberal base of the Democratic party--Obama's base--opposes [it], that's why." Apparently Nancy Pelosi thinks it would "harm the middle class."

 

 

Here's where I am left scratching my head. You would think that now would be the time, after the Dems have just won re-election, to take a few tough decisions; that's what politicians usually do right after the election. Apparently, this time, they won't.

 

 

Maybe there is a secret deal, known only to insiders, that "they" will spring on us in a couple of weeks after everyone has fed red meat to all their hungry partisans.

 

 

Maybe Democrats still think they have solved the Medicare problem with ObamaCare and its shadowy IPAB.

 

But maybe Democrats are simply afraid to cut any spending, ever, because if they do, then their coalition will start to melt away into the countryside. After all, what idiot sticks with a marauding band of predators after the word goes out that there is no more loot?

 

 

Or maybe the Democrats are like the Bourbons, who had "forgotten nothing and learned nothing" when they returned to rule France after the defeat of Napoleon. Sixty years ago, the only thing that a Southern politician needed to know was Segregation. Today the Democrats are more advanced, so their politicians know two things: Entitlements and Inequality.

 

 

In the end, dead-end ideas and their mindless promoters get thrown on the ash heap of history. The trick is to make sure that happens before the U.S. gets thrown on the ash heap.

 

http://www.americanthinker.com/2012/12/you_think_the_gop_has_problems.html#ixzz2EmLFnFsF

 

.

[Nanker]

$1,200 BILLION 2013 Deficit

- $40 BILLION 2013 Government's Windfall Tax on the 1%

-------------------

$1,160 BILLION 2013 Deficit

 

Yes, I'd say he's got a plan all right. Then again, so did Papillion and Emile Dreyfus.