Democrats prepare to saddle future generations with nearly a trillion dollars in additional debt
Barack Obama is our new president calling for change, but nothing has changed other than Washington politicians leaving nothing but change in the pockets of our children.
The Democrats' "economic stimulus" package is nothing more than another Congressional attempt to pass a spending bill with a sense of urgency that ultimately is only designed to get members re-elected.
The bill's price tag comes in at over $800 billion. This on top of the $700 billion stimulus package passed last year. That bill was loaded with "gimmees" and handouts to banks which now claim they can't show where the money went (give us a break! Bankers know where every dime of the money is). And don't forget the $168 billion tax rebate "stimulus package" from 2007. That handout also failed to stimulate the economy.
Are we starting to see a pattern here? Why do we expect that the clowns who caused the economic problem are the people we should entrust to save us?
The pending $800 billion plan is loaded with pork to big business, special interests, the National Endowment for the Arts (apparently government subsidized paintings is a vital part of the economy). Don't be surprised to find out that there is money to study the mating habits of pelicans in there before it's all over.
The biggest handout is a $300 tax rebate for Social Security recipients.
Now I'm all for helping out the elderly, but this type of targeted "assistance" is nothing more than a bribe from Congressional Democrats to the most reliable group of voters in America. And for the life of me, I don't see how with good conscience any politician can vote for this bill knowing the added debt it will incur on our children and grandchildren.
Oh, and don't forget further tax cuts for people who don't even pay federal income taxes.
The biggest kicker of all is this: the $800 billion plan has spending spread out over six years. That is, Congress, in its infinite wisdom to immediately spark the nation's sour economy thinks dedicated allocations in 2012 and beyond is necessary to jump-start our economy today.
This isn't a matter of sound financial planning of paying as we go, or spending as we need it. It's a simple matter of Congressional Democrats dedicating money we don't have for future programs so they can hand out more pork in years to come so they can get re-elected. Can anyone say, "slush fund?" Five years from now it will take further congressional action to cut/cancel these spending programs. Anyone think that's going to happen?
But hey, who is really to blame? We are. We elected these clowns. And nothing has changed.
Chris Ingram is the president and founder of 411 Communications a corporate and political communications firm, and publisher of www.IrreverentView.com. Ingram is a frequent pundit on Fox News and CNN, and has written opinion columns for the Washington Times, UPI, Front Page Florida, and National Review online. E-mail him at: Chris@411Communications.net.