Teachers open the door,
but you must enter by yourself.
Chinese Proverb
Pro-Liberty Thought of the Day
Well, After All They Elected...
Bad Bad Jerry Brown
The Baddest Governor Since We Fought the Crown
Badder than Old Pat Brown
Meaner than a Paper Tiger
Now Jerry, He a Gambler
And He Like His Fancy Rails....
 |
| Via Liberty.Me |
Now that Jay Leno Has Retired From the Tonight Show, Obama Becomes a Late-Night Comic: "With 2015 budget request, Obama will call for an end to era of austerity"
The national debt when Obama started his tenure as President was well below the size of the economy, a natural debt limit, at just over $10.5T; as I write, it's just a hair away from $17.5T, well above the size of the economy. Keep in mind this is over and beyond what lately has been over $2T in revenue. In the meanwhile, Medicare is just a few years shy of running out its reserve (and less than a generation away from the same thing in social security and Obama has not reduced over $80T in unfunded liabilities by as much as a dime). It took the 2010 election just to slow down spending increases; we are spending a trillion dollars more a year than less than a decade, but Obama sent out his minion Chicken Littles over a mere 2% sequestration trim. Obama is out of his mind if he thinks he's been experiencing austerity. What austerity is is losing your job in a jobless recovery and not knowing how you're going to eat or pay your rent next month, largely due to the indecision caused by the Democrats' counter-productive economic interventionist policies, including a poorly conceived healthcare law that adds to the cost of hiring new people. But not to worry: the Democrats will spend Obama money on the social welfare net to partially subsidize the bad effects of their policies (not in so many words, of course) and will scapegoat the likes of WalMart, which makes money by selling competitively-priced goods, enabling lower-income people to stretch their limited resources, or successful businesses as if hard work and risk-taking is theft from others! (i.e., the sheer arrogance of "you didn't build that", the self-righteous cries of the parasites).
Here's some truth to The (Profligate) One: you can't spend a penny that the GOP-controlled House hasn't authorized. Any attempt to declare an end to fiscal responsibility is null and void. The days of Democratic super-majorities are done: deal with it.
Political Cartoon
 |
| Courtesy of the original artist via Patriot Post |
Dan Hill, "Sometimes When We Touch"
