U.S. President Barack Obama calls on Congress to pass a small package of spending cuts and tax reforms that would delay the larger, automatic "sequester" cuts from going into effect during an announcement in the White House briefing room in Washington February 5, 2013. REUTERS/Joshua RobertsAll factions agree that the mandated defense cuts of the scheduled “sequester” would dangerously damage our security, but the president’s plan to avert disaster offers precisely the wrong approach. He wants more tax hikes to finance new spending—and wants to postpone scheduled budget trims until he gets his “grand bargain.” But Congress only needs $85 billion in savings—just 2.3 percent of overall spending!—to avoid the automatic cuts in the sequester.
The necessary reductions amount to less than 1 percent of the Gross Domestic Product, so it’s ridiculous to describe such reforms as unattainable. If Washington politicians can’t come up with these relatively trivial cuts this month, they’ll never make the long-term reforms necessary to avoid budgetary collapse. As the great sage Rabbi Hillel asked two thousand years ago: “If not now, when?”
He’s a Marxist elitist. Immorality, immigration, and the loss of liberty move him. Taking other people’s money to give away for votes is what drives him.
I don’t know if the Pres. is a Marxist but he certainly has hung out with a bunch of them. He seems to have no qualms about spending the nation into oblivion. I just hope the spineless stumble bum republicans unite enough and explain the situation clearly enough to slow him down. If they do, it will be a first. In my 66 years of life, I have yet to see Republicans cut anything.