A Message From President Obama
For years now, America has been spending more money than we take in. (especially since I’ve been in office , 4 times Bush’s debt in one 4th the time, am I good er what?) The result is that we have too much debt on our nation's credit card — debt that will (has already) ultimately weaken our economy, lead to higher interest rates for all Americans, and leave us unable to invest (i.e. increase dependency and/or buy votes) in things (i.e. voting blocks) like education (18 to 28 year old voters), or protect vital programs like Medicare (Senior voters).
Neither party is blameless for the decisions that led to this debt, (but some are more to blame than others, rubes, what do you think that (D) stands for?) but both parties have a responsibility to come together and solve the problem. That's what the American people expect of us. (at least the idiots who think we are here to serve their interests rather than our own) Every day, families are figuring out how to stretch their paychecks a little further, sacrifice what they can't afford, and budget only for what's truly important. It's time for Washington to do the same. (by time I mean after the next election after we kick this debt ceiling can down the road, only one more time, promise)
Why cuts are necessary
In the short term, my No. 1 focus is getting our economy back to a place where businesses can grow and hire. (no, I’m not announcing the repeal of that god awful healthcare act, even though that would kick start the economy faster than anything) That's why I want to take a number of steps right away, like extending tax relief for middle-class families (i.e. liberalspeak for wealth redistribution) and putting construction workers back on the job rebuilding our roads and highways (it’s a mystery to me how people keep falling for this golden oldie but it still tests well with focus groups).
But over the last few months, I've also said that I'm willing to cut historic amounts of spending in order to reduce our long-term deficits.(even though I dismissed those suggestions from the debt reduction commission I authorized, and submitted my own budget to congress which actually increases spending, but never mind that) I'm willing to cut spending on domestic programs to the lowest level in half a century (but I’ll be damned if I will actually name one before an election) . I'm willing to cut defense spending by hundreds of billions of dollars (always have been, damn corpsemen vote Republican most of the time anyway). I'm willing to take on the rising costs of health care programs like Medicare and Medicaid, so we can meet our obligations to an aging population. (more debt commissions ideas I dismissed, good thing I saved a copy) Some of these cuts would eliminate wasteful spending, weapons we don't need, or fraud and abuse in our health care system. (why they have been acceptable up to now is anybody's guess, maybe waste, fraud, and abuse is the necessary grease for the big government machine) Still, some of the cuts would target worthwhile programs that do a lot of good for our country. (the ones that swell Democrat vote turnout for example) They're cuts that some people in my own party aren't too happy about (Bill Clinton once told me that stuck pigs always squeal the loudest, but that may have been a sexual reference, you can never tell with that guy) and frankly, I wouldn't make them if we didn't have so much debt. (pay real close attention folks, I almost actually accepted responsibility just then)
But the American people deserve the truth from their leaders
(sorry, but in the meantime all you got is me, leading from behind with
lies). And the truth is, you can't get rid of the deficit by simply
eliminating waste and fraud, or getting rid of pet projects and foreign aid,
like some have suggested. Those things represent only a tiny fraction of what
we spend our money on. (99% of government spending is essential)
At the same time, it's also true that if we tackle our
deficit with spending cuts alone, it will likely end up costing seniors and
middle-class families a great deal. Retired Americans will have to pay a lot
more for their health care. Students will have to pay a lot more for college. (that
cradle to grave welfare state plan will be derailed and we can’t have that) A
worker who gets laid off might not have any temporary help or job training to
fall back on. At a time of high gas prices, we'll have to stop much of the
clean energy research that will help free us from our dependence on oil. (let’s
see, scare seniors – check, scare young voters - check, promote a green
industry fantasy while denomizing big oil-check, promise even more unemployment
compensation-check, all good)
That's why people in both parties (not
including the large majority in the House of Representatives, evil, racist,
ignorant, extremists that they are, just ask anyone at MSNBC) have
suggested that the best way to take on our deficit is with a more balanced
approach (tax and spend status quo, only with a new label). Yes,
we should make serious spending cuts. (and by cuts I mean slow the rate
of growth, you know Washington DC cuts, not actual cuts) But we
should also ask the wealthiest individuals (i.e. evil rich) and
biggest corporations (i.e. small business owners making over $250K per year) to
pay their fair share (i.e as determined by government depending on how many votes we need to buy)
through fundamental tax reform. Before we stop funding clean energy research,
we should ask oil companies and corporate jet owners to give up the tax breaks
that other companies don't get. (one more jab at the evil rich and
oil companies, amazing how many fall for this schtick)
Before we ask college students to pay more, we should ask hedge fund managers
to stop paying taxes at a lower rate than their secretaries. Before we ask
seniors to pay more for Medicare, we should ask people like me to give up tax
breaks they don't need and never asked for.
The middle class hasn't just borne the brunt of this recession; they've been dealing with higher costs and stagnant wages for more than a decade now. (like I keep telling you, it’s all Bush’s fault) It's just not right to ask them to pay the whole tab — especially when they're not the ones who caused this mess in the first place.
Raising revenues: a bipartisan position
(tax
increases, the ruling class solution to everything every time)
A balanced deficit deal that includes some new revenues
isn't just a Democratic position. (yeah, remember we are in bed with their
handmaiden the establishment GOP, also known as Democrat lite) It's
a position that has been taken by everyone from Warren Buffett to Bill
O'Reilly (like 2 guy rich white guys represents some kind of spectrum). It's
a position that was taken this week by Democrats and Republicans in the Senate,
who worked together on a promising plan of their own. And it's been the
position of every Democratic and Republican leader who has worked to reduce the
deficit in their time, from Ronald
Reagan to Bill Clinton. (Never
mind that I failed to acknowledge anyone remotely aligned with or sympathetic
to the TEA party movement. Hey, just
because they won the biggest house of representatives turnover in 70 years in
2010 doesn’t mean you get a seat at the cool kids table)
There will be plenty of haggling (i.e after
hours back room deals) over the details of all these plans in the days ahead. But
right now, we have the opportunity to do something big and meaningful. (providing
of course that you believe a revised version of the status quo is not the
opposite of big and meaningful, which I
admit, may require a degree from Harvard, so sorry if you just can’t get it, peasants) This debate shouldn't just be about avoiding
the catastrophe of not paying our bills and defaulting on our debt. That's the
least we should do. (and in the end doing the least is about all we can manage,
even if not so smoothly) This debate offers the chance to put
our economy on stronger footing (which we will steadfastly avoid by
continuing the same tax and spend policies) restore a sense of fairness in
our country (fairness as defined by equal poverty for everyone, except us
Harvard educated rulers of course. I’ll
be damned if I’m giving up my plane, staff, golf, and extravagant vacation,
knaves) and secure a better future for our children (only
$88k debt burden per child instead of $90K). I want to seize that
opportunity, and ask Americans of both parties and no party to join me in that
effort.
President Obama wrote
this column exclusively for USA TODAY.
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