Wednesday, February 03, 2010

A $1.6 Trillion Dollar Federal Budget Deficit Means Fiscal Restraint

Yes, a $1.6 trillion dollar budget deficit means fiscal restraint. It could have been $1.7 trillion dollars or any number picked out of the surrealistic Democratic sky. It apparently is a bi-partisan budget deficit that Mr. Obama is talking about, a budget deficit which actually saves dollars like the stimulus plan which saved jobs. What dollars that are saved is economically unclear to me (and what do I know about economics?) and how the United States is going to fund a $14 trillion dollar national debt is also economically unclear to me since trillions dollars of wealth have been lost in this recession. Also equally unclear to me is why the Obama Administration wishes to raise so many taxes on individuals and investors especially those making $50,000 to $499,999. a year? What does this prove-greater supposed redistribution of wealth? Isn't there irony in this situation, while Congress controls their personal wealth?
Higher taxes, higher debt and more fiscal irresponsibility by the Obama Administration. 2010 is here and voting has begun. The end of this fiscal irresponsibility is fast approaching. Please do not lie to me about economics, there is no fiscal restraint being shown by this Administration.

1 comment:

SJ Reidhead said...

I'm The Pink Flamingo. Your cat left a comment on my blog, suggested I check yours. Excellent. Do you mind if I do a link.

Then Brenda left a note, but the cat is the one who recommended I check out your site!

SJR
The Pink Flamingo