Thursday, February 26, 2009
Barack's lofty goals
Obama has set the bar high for himself with the expectations Americans can expect from his Administration. Things like halving the deficit before he’s done come to mind. As well as the alternative energy sources and the revamping of the education system. At first I was gonna be like “nigga, please. You can’t get all of that done. Why set yourself up to fall on your face and have the Republicans say ‘I told you so’?” Then I realized somethin important. If there is one person in America who I would want to set the bar high for himself, it IS the President. Why wouldn’t I want an ambitious President? Why wouldn’t I want a President that calls out a country to better itself? I want a President that makes his country shoot for the moon, so that even if we fall short we’ll be among the stars (real cheesy I know, sue me). I guess my problem is the fact that most Americans are idiots and take everything that is said at face value. If the deficit is cut down by 49.9999% they won’t be happy because it’s not exactly half. I just hope that they don’t write him off as a failure because he falls shy of hittin his goals. He wasn’t given the country under ideal circumstances you know. And if he does turn this country around…oh boy. White people will elect black people for everything (that’s non sports related!!!).
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No, we will label him a failure because he won't be able to dimunish the deficit at all.
ReplyDeleteHis first step toward reducing the deficit? Spending hundreds of billions he doesn't have (taking a cue from George Bush).
Think of it like this, how do you reduce a deficit? (earn more than you spend). So in order to earn more than he spends, he has to increase taxes. Now most importantly... In order to EARN MORE THAN HE SPENDS, he has to increase tax revenue higher than the billions he gives out. The net effect is taking more money from us than he gives us, its the only way it works without following the proper solution. (reducing the size of government)
/rant
In order to make money you have to spend money. I don't know a single successful business that runs any other way. When they spend money to help employ and keep people employed, the people are gonna start spending more, which will be a boost to the economy...is that not correct?
ReplyDeleteTwo points...
ReplyDelete1) his first step was to increase the deficit from $1T to $1.75T. wtf
2) there is a fixed amount of wealth, if you are correct he will help some people become more wealthy, this will come at the expense of somebody else. Bottom line is to reduce a deficit you need more revenue than expense.
A third point just for good measure...
$750B is equal to $2500 per person (its actually quite more per person who actually files taxes). In order to reduce a deficit taxes per person much go up by at least as much.
He can't increase taxes on the "poor" after they voted him in, otherwise he'd be lynched (figuratively). So now its just the wealthy carrying the line yet again. It's just a game of switcheroo, redistributing the wealth.
so what would you rather have them do?
ReplyDeleteI'd rather the government be about 10% the size it is now. No department of homeland security, not czar of anything, cut out all the shit that we didn't need for 250 years.
ReplyDeleteWe have let career politicians ruin our country, term limits and a stern eye on "lobbyists" would be a nice first step.
Heres an article I was just sent from the WSJ.
http://online.wsj.com/article/SB123561551065378405.html
sounds like a great long term vision, but doesn't explain how it will solve the current crisis.
ReplyDeletewho said it needs an immidiate fix? If we take the first steps now, we will reach a better solution than slapping a hello-kitty bandaid on an severed artery.
ReplyDeleteit has to be an immediate fix because people are losing their livelyhoods out there. people are losing jobs, people can't put food on their table. Maybe people think the only ones that are suffering are the wall st cats...and who cares, they deserve to lose thier 6 figure jobs...but that has a trickle down effect. People with less thank 50K a year are losing their jobs too. You've read the Rant enough to know that too many unemployed people is not only terrible for the current state of our country but will make it even HARDER to rebuild.
ReplyDeleteI need a better solution than "let everything burn to the ground and start from scratch". This isn't a science project, this is people's lives.