Lacey Smith

Obama’s faith

In Uncategorized on July 11, 2011 at 2:19 pm

The talks over the deficit and debt ceiling continue in Washington today. There seems to be no compromise forthcoming despite a looming deadline.

As usual, there has been closed-door summits, press conferences, name-calling, blaming and playing chicken. Despite Obama’s campaign promises, it’s business as usual.

In the president’s press conference today, he said that he would not accept a deal that didn’t ask anything out of him (one of the wealthy). Basically, he said he has all this money he doesn’t need and there are others who do need it.

So, Obama reasons, he and others like him should pay more taxes because they don’t need the money and the government definitely should help out those that do by taking more from the rich. It’s the typical liberal argument.

I have a better idea, or ideas, for what Obama could do with all that money he doesn’t need.

First, he could give up his salary as president. He makes $400,000 annually. While $1.6 million won’t make a dent in the $14 trillion budget deficit, it’s a start.

Or, if he needs some of that money, he could take what he doesn’t need and start a charity. Then instead of going through the whole bureaucratic system the money could go directly to those who need it.

Pres. Obama could personally invest personally in green energy, agriculture or housing. He could provide the seed money for dozens of start-up companies.

Those start-up companies could eventually provide jobs for thousands of people. That’s sort of a best-case scenario, but it IS a possibility.

The government, on the other hand, can never do what private companies and private investors can.

You know, I don’t know enough about “trickle-down economics” to say whether or not I believe that they work. What I do know is that any jobs created by the government are created on the backs and shoulders of taxpayers.

Government needs to be cut across the board. Then we can cut taxes for everyone, especially the rich who create jobs.

Obama’s faith in government is completely misplaced. It always has been and always will be part of the problem. Solutions come from free people, not those reliant on government.

  1. Couple of things:

    –It really isn’t for Obama to decide who besides himself has enough money and who doesn’t have enough money. It’s yet another reason why William F. Buckley was right when he said “I’d rather be goverend by the first 400 names in the Boston phone book than by the faculty at Harvard”.

    –Recently, I read somewhere (can’t remember where) that 35% of Americans are on some sort of government assistance–whether it’s social security, welfare, food stamps, and so on. Cutting spending is all well and good (and needed to be honest), but that percentage I mentioned has to go down or else America will a) not be a superpower and world leader, and b) won’t be a free society in any meaningful way.

    • I think “enough” is very subjective. There IS a point where you really can’t spend all of your money, but I think there are very few people who fall into that category.

      One of the things that must be done is reforming entitlements and welfare. If the government was only doing its job and not crossing the lines set up by the Constitution a 10% across-the-board federal income tax would be plenty to fund our government. Instead our federal government is taxing us at up to 35% of our income not to mention state taxes, plus property, sales, corporate, FICA, capital gains and benefit taxes. We are literally taxed on everything, sometimes two or three times over.

      Tax reform is not possible without entitlement reform because we have to fix the expenditures before we can quit taking in so much in taxes. Currently the system is designed to keep people on government welfare. Caring for our poor should be the job of churches and other private charities, not the government!

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