Happy Third Birthday, Stimulus Package
Today marks the third birthday of Obama's $787 billion boondoggle stimulus package. We all know how successful that program was. To celebrate, the Congress and Senate both passed the unfunded extension of the payroll tax cut. We now are blowing another $150 billion to "give" taxpayers about $20 more a week in take home pay. Meanwhile, people who are retired or living on fixed income get screwed again. They get no stimulus money or interest on their savings. The mythical Social Security trust fund is now owed another $150 billion. Just put another I.O.U. in the file cabinet. We will get around to it when the economy gets better.
It's a good thing the 160 million working Americans are getting this money because it will go right into their gas tanks. Have you noticed the price of gas lately, Mr. Obama? Of course not. You are too busy flying around the country on Air Force One to raise money from all your tree-hugging friends. After you land you are escorted via an armored, stretch limosine that probably gets about 5 miles per gallon. $4.00 gas has already arrived in some of the blue states. When it goes over $4,50 per gallon, that will be all the Hope & Change the electorate can stand.
What should the good folks do with their new found riches? Let's see, we can save it for next year when this tax "cut" expires and the Bush tax cuts also expire. Or. we can sock it away to pay for all those annoying fees which keep popping up on our monthly bills to pay for all of the expanded Obama regulations. (Someone has to pay for all those "free" cell phones -- check your monthly phone bill!). Or better yet, we can take the $1,000.00 and add it to the increased $10,000 tax credit for a beautiful new Chevy Volt.
It's election year, everybody. There is candy for everybody. Our kids and grandkids will have to pay for all this nonsense some day. This spending has a Greecey feel to it. It is only a matter of time when the bond vigilantes start asking for higher interest rates on our massive debt. Then the game will be over, the spending cuts will be too late, and the riots will begin.
The President, John Boehner, and Harry Reid and all the morons who voted for this unfunded tax boondoggle should be ashamed of themselves. But as we all know, there is no shame amongst the Beltway Blowhards!
"Don't worry, take the money and run. We can print more!"
It's a good thing the 160 million working Americans are getting this money because it will go right into their gas tanks. Have you noticed the price of gas lately, Mr. Obama? Of course not. You are too busy flying around the country on Air Force One to raise money from all your tree-hugging friends. After you land you are escorted via an armored, stretch limosine that probably gets about 5 miles per gallon. $4.00 gas has already arrived in some of the blue states. When it goes over $4,50 per gallon, that will be all the Hope & Change the electorate can stand.
What should the good folks do with their new found riches? Let's see, we can save it for next year when this tax "cut" expires and the Bush tax cuts also expire. Or. we can sock it away to pay for all those annoying fees which keep popping up on our monthly bills to pay for all of the expanded Obama regulations. (Someone has to pay for all those "free" cell phones -- check your monthly phone bill!). Or better yet, we can take the $1,000.00 and add it to the increased $10,000 tax credit for a beautiful new Chevy Volt.
It's election year, everybody. There is candy for everybody. Our kids and grandkids will have to pay for all this nonsense some day. This spending has a Greecey feel to it. It is only a matter of time when the bond vigilantes start asking for higher interest rates on our massive debt. Then the game will be over, the spending cuts will be too late, and the riots will begin.
The President, John Boehner, and Harry Reid and all the morons who voted for this unfunded tax boondoggle should be ashamed of themselves. But as we all know, there is no shame amongst the Beltway Blowhards!
"Don't worry, take the money and run. We can print more!"
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