Deficit Crisis: The War on Poverty v. The War on Wealth
Ever since LBJ got his "War on Poverty" boondoogle passed with overwhelming congressional support in 1964, the government has spent hundreds of billions of dollars on thousands of anti-poverty programs only to see the ranks of the "poor" (which includes those with cell phones, color TV's, air conditioning, and I-Pods) grow ever larger. Clearly these government programs have failed to lift many of these people out of poverty. In spite of these facts, the beltway blowhards do not want to cut any of these programs. If a program doesn't work, spend more money on it or start another program is the mantra of the progressives and liberal Dumbocrats.
Their solution to more money for the War on Poverty is a War on Wealth, where we hear the liberal buzz words like "shared sacrifice" and "balanced approach" to solving our budget deficits. Tim Geithner moaned to Chris Wallace on Fox News Sunday that over 80 million checks were at risk of not being mailed out to all their worthy recipients if we didn't raise the debt limit by August 2nd. 80 million checks! Wow. No wonder we are broke!
President Obabble again said today that the solution to our budget crisis was a "balanced approach... wealthy Americans and big corporations should pay their fair share." He failed to mention that he has increased the federal deficits by 40% in only two years.
Obabble's balanced approach ignores the fact that 50% of Americans do not pay any income taxes, yet they receive most of the government benefits. And of course, the evil rich people already pay about 70% of the income taxes. Obabble's War on Wealth continues so he can keep funding the ill-fated War of Poverty and buy more votes.
Stay tuned...the bumbling Republicans, led by Boehner and McConnell, will be happy to take all of the blame for trying to derail the president's spending Bullet Train. The beat goes on in Washington...phoney budget cuts supported by phoney, career politicians who only care about the 2012 election.
You Evil, "Fortunate", Rich People Need to Pay More Taxes

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