Why is the mainstream media trying to portray the person who drove the train off the rails as the savior? Whether you watch MSNBC, read the blogs of the Washington Post or CBS News, they are trying to help the White House position the President as trying to save us from this problem.
The President and his policies have created the economic circumstances we have. Remember, he and his fellow Democrats have not submitted a budget in two years so as to not to suffer politically from their actual policy goals. The Democrats continue operating under continuing resolutions in abrogation of their Constitutional responsibilities.
The mainstream media figures are calling Republicans terrorists or suicide bombers as they show their ignorance on economic matters and attempt to incite violence. Remember, liberals always say the words can cause people to react and act out. Remember the rhetoric after the Gifford’s shooting? Remember the Democrat’s and their mainstream media sycophants saying we need to be civil? Well, how is this incendiary language civil?
The keys to remember in the whole debate are as follows:
- Talking about saving money over ten years really means saving nothing today.
- Raising tax rates does not guarantee increases in revenue thereby reducing the deficit assuming spending remains at the same level. The projected revenue increases are fiction and should not be counted until realized.
- Spending cuts do guarantee reduced deficits assuming all other spending remains constant.
- There is enough revenue coming into the Treasury today to service the debt and stave off a default. Claiming otherwise is lying and an attempt to use they same tactic they used to create panic and pass Obama’s other spending programs.
Remember how TARP, QE 1, QE 2 and the other spending programs were passed? It was said that if we don’t do this, all will implode. Well, they’re trying the same here. Don’t believe them because they’re lying again. If they don’t pass the debt ceiling increase what will happen? Well, spending will have to be cut automatically so as to allow room to service the debt and repay the debt coming due. Perhaps, this is all a ploy to have this automatic spending cuts happen so as to get the fiscal house in order without actually having to vote on it in an attempt to provide political cover to the Democrats and allow the Democrats can blame the Republicans for this.
Note to Republicans: If there is ever time to take one for the team, it is now. You will be rewarded for standing firm. Let the cuts begin.
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