“There’s more work to do to reduce our deficits, and I’m willing to do it,” Obama commented about the latest attempt at diverting the fiscal cliff. In Obama speak, he is actually saying, “Read my lips, under my plan you taxes will necessarily skyrocket”.
Obama keeps pledging that he will not raise taxes on the middle and lower-income groups. In the Obama paradigm, if he says anything that sounds sane or reasonable, the inverse is most likely happening in his mind. He and his cadre of minions continue to impose costly regulations on businesses and individuals. “We the People”, of all income categories, pay the price of these unnecessary and downright inane compliance mandates. The money being put into the coffers of the government is then wastefully spent. He keeps demanding more spending and imposing more taxes in the form of fees and fines, but no amount of fiscal rape of citizens will ever mitigate the ever-increasing debt.
The idea is to break the country. Remember his quote from 2007, “I’m in this race not just to hold an office, but to gather with you to transform a nation”. The transformation to which he refers is from a nation of prosperity with rich, poor, and middle classes; one in which individuals can move upward through their efforts, into one where every person has a designated station in life from which ascension is nearly impossible.
The latest deal from congress includes an income tax increase for families making over $450k per year. That is a direct attack on the middle class. Unfunded spending, however, continues without budget constraints. The debt ceiling must again be raised amid calls from the socialist left for continued spending without congressional or Constitutional restrictions.
To His Majesty Obama, adherence to the teachings of Saul Alinsky, is glorious compromise. “But to the organizer, compromise is a key and beautiful word. It is always present in the pragmatics of operation. It is making the deal, getting that vital breather, usually the victory. If you start with nothing, demand 100 per cent, then compromise for 30 per cent, you’re 30 per cent ahead”. Rules for Radicals P.59
For the past four years Obama has stated that he wants to return to the previous income tax rates for everyone making over $250k per year. Household income of $250k simply makes a family comfortable and able to enjoy the fruits of their toil. It does not make them rich. To take more of their earnings for the government to spend foolishly is sure to deflate the economy further. Karl Marx would be proud of Obama.
After the fiscal cliff “deal” was finalized on Tuesday night, without hesitation, Obama stated that this win would only be the beginning for his “balanced approach” to deficit reduction and that more tax increases are on the horizon in masque of the massive and unwarranted spending.
“We can’t simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals can’t take advantage of loopholes and deductions that aren’t available to most Americans. And we can’t keep cutting things like basic research and new technology and still expect to succeed in a 21st century economy. *Note – there is no mention or forethought to cutting spending for ongoing research of fairy shrimp habitat. So we’re going to have to continue to move forward in deficit reduction, but we have to do it in a balanced way, making sure that we are growing even as we get a handle on our spending . . .”
Meanwhile, despite working Americans at all income levels struggling to make ends meet, in many cases watching inflation etch away at their savings, Obama, via Executive Order attempted to reward his already well compensated loyal followers with pay increases.
We are so very, very fortunate to have at least four more years of Obama’s destruction of our once great country.