A big problem with spreading a lie is that if you repeat it often enough, you start to believe it. The falsehood that government can spend without using taxpayer revenue became very popular when Barack Obama took office, as talk of debt and deficit grew and legislators needed to justify their spending habits. Suddenly bills were already paid for, and became deficit-free or even reduced the deficit.
President Obama’s comment about professional politicians and their understanding of fiscal policy was insulting to those of us who belong to America’s herd, but there was unwitting wisdom in his words. Barack Obama’s time in Washington has been brief, his inexperience revealed by reports of frustration over showy debt ceiling negotiations. Career politicians like Harry Reid know better.
You know that times are tough when a Democratic governor is forced to deny pay raises to members of a public employee union. Illinois’ Pat Quinn stood up to the American Federation of State, County and Municipal Employees, and now finds himself embroiled in a lawsuit over $75 million in raises for state workers. Like his neighbor to the north, Wisconsin’s Governor Scott Walker, Quinn learned what happens when government runs afoul of organized labor.
Members of Congress who are voted out next year should give up politics and head for Hollywood. With Washington behind them, what better place could there be to pursue a career generating hype for media stunts?
We are in the midst of the year’s second doomsday event, a follow-up to April’s threatened government shutdown (see: Budget Stalemate Antics Make a Shutdown Welcome).
Does Barack Obama think taxpayers are stupid, or is he so confused and disoriented from the economy’s refusal to follow his job creation edicts that he no longer pays attention to what speechwriters set in front of him? In his Saturday address, the president hinted at bipartisan support to cut spending, and a possible $1 trillion in cuts:
The good news is, Democrats and Republicans agree on the need to solve the problem.