Tuesday, July 19, 2011

What Is This Budget Debt Fight End Game?

I know that the current debate regarding the budget, debt ceiling hike and long term debt is mind-numbing.
Without a doubt, to quote our vice-president, Brain Surgeon Joe Biden, this is a BFD*.
But what is the end game?
What does the Dear Leader, President Obama want?
What do the congressional Republicans and presidential candidates want?
The short course is this.
The Dear Leader, President Obama, wants to pull the wool over the eyes of just enough nervous Nelly Republicans and get them to agree to tax hikes and alleged budget cuts that may, or may not happen, down the road. Oh, the tax hikes will be on the front end. And it could be as much as $1,000,000,000,000 in additional "revenue".
As an important aside, since when did we start referring to tax hikes as "revenue"? That is a mind-blowing Whiskey Tango Foxtrot. Talk about pulling the wool over everyone's eyes.
Here is a fact. A tax hike is a tax hike. It is not "revenue" but getting money from us, the tax payer. And we, the taxpayer, do not get to say no.
It is part of the disingenuous nature of this debate.
But back to what the Dear Leader, President Obama, wants.
He wants the tax hike up front because he will use that to promote more government programs to allegedly get unemployment down.
Remember the infamous immediate so-called "stimulus" bill shortly after the Dear Leader, President Obama, took office in 2009? We were told that it needed to be passed because not passing that would see a spike in unemployment. We were told pass the bill and unemployment would not pass eight percent. Yet today the unemployment rate is at 9.2%. And we are supposed to believe that if taxes are raised for a Stimulus II, it will lead to the desired result? And what would the result be? That unemployment won't hit 10%?
What the Dear Leader, President Obama wants is to increase the size of government. Period.
So, what do congressional Republicans want?
It gets a little tricky here.
In the House of Representatives, it is clear that they favor an approach called "Cut Cap And Balance". It would not be pretty to the 80-year Democrat party experiment to create Europe in the United States.
The following is from the Republican Study Committee in short on what Cut Cap And Balance would do:


1. Cut - We must make discretionary and mandatory spending reductions that would cut the deficit in half next year.

2. Cap - We need statutory, enforceable caps to align federal spending with average revenues at 18% of Gross Domestic Product (GDP), with automatic spending reductions if the caps are breached.

3. Balance - We must send to the states a Balanced Budget Amendment (BBA) with strong protections against federal tax increases and a Spending Limitation Amendment (SLA) that aligns spending with average revenues as described above.


And I'll point out that according to the Congressional Budget Office, 25c of every dollar is in the hands of the federal government. Makes number two of the above, making sure that it is not more than 18% of GDP for federal spending very important.
And to show how serious the House is about dealing with this monster of a problem, they voted tonight of a mostly party-line vote to move Cut Cap And Balance to the senate.
Now the weasels in the senate seem more interested in cutting a deal. Either the plan put forth by Sen. Mitch McConnell or the so-called Gang of Six plan.
The reality is that either plan does exactly what the Dear Leader, President Obama, wants. Gives him the ability to hike the debt ceiling and the tax hikes he wants upfront.
What way too many senate Republicans are doing is caving on why they are there in the first place. It is not to continue the 80 year failure that is the Democrat welfare state. It is to stop and cut it.
The House gets it. Too many in the senate do not.
The end game after all that is this.
The Democrats want to continue the march of the federal government to even more of control of our lives. Whether it is in health care or employment, it is a relentless march on their part.
The Republicans, for the most part, want to put a stop to it and this maybe the best chance in a lifetime to do just that.
Now is not the time to give up.
Conservatives need to be encouraged and wobblers need to be reminded of what a bad deal will cost them. And Democrats need to be put on notice that the spending party needs to end and now.

*BFD-Big f---ing deal!

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