Menu
- Move on: Dems should focus on own platform (5/22/19)
- Major investigation seeks origin of collusion charge (5/18/19)
- Golfer teaches a lesson in overcoming adversity (5/15/19)
- Higher ed costs for illegal immigrants shouldn’t fall on the taxpayer (5/11/19)
- Dems ignore how great the economy is doing (5/8/19)
- Indonesian election ballot hand-count turns deadly (5/4/19)
- Survey says: Life moves fast, enjoy every day (5/1/19)
Editorial
Obama's promises require more funds
Wednesday, February 20, 2013
Did you notice the snafu in the President's State of the Union address last week?
Even with our highly advanced technology, the President's teleprompter - of all things - skipped over one small paragraph in the President's address.
After the President again repeated his desire for a new series of multi-billion dollar federal programs, he said the proposals would not add "a single dime" to the exploding federal deficit.
That's when the teleprompter went on the blink.
The full passage was, "These initiatives will not add a single dime to the federal deficit because we plan to raise taxes again to pay for these new programs."
Without that full passage, the President's economic assertion is laughable.
But State of the Union addresses are broad philosophical plans that often depend on some financial mechanism to enact.
And to fund this laundry list of big government expansion, someone has to pay the price.
You first take from the easy targets - the rich.
And when you have fully soaked that population, you dig deeper.
And we the people are next.
Among the President's spending spree ideas are:
Universal pre-school - yet another costly big government program that seeks to instill those basic life lessons that should be taught in the home.
Green energy has yet to provide the promise of energy independence despite lofty declarations.
Raise the minimum wage? Why not! Government won't pay this added cost. And surely, businesses will simply absorb this new expense and maintain their same prices.
Right?
What's important is not the dream world of these isolated programs.
What's important is our inability to fund these ideas without new forms of revenue.
Nothing complex here.
You either cut current programs and use the savings to fund new initiatives or you raise taxes to pay for them.
When this President says he is not through seeking economic equity, he means it.
And he's talking to you.
For those shaking their heads in full agreement with the President's plans, cover your wallet.
You're next!