NEWS FLASH: Economic Growth Is The Only Way Out Of Debt

In 2008 Barack Obama’s campaign shtick was “change.”  That change resonated because President Bush was spending too much and the country meant to change Washington.  But Obama meant to change the country.

In response, the Tea Party movement arose to implement the real change – putting brakes on that out of control big government growth.  Our message to Washington is simple: you have run out of our money, stop excessive spending.  You cannot borrow your way out of debt;  you cannot spend your way out of deficits.

What is President Obama’s response to our message of fiscal responsibility?  Shared sacrifice; everyone must feel his pain.  By everyone he means the people, not the government.  Winston Churchill was more eloquent when he observed that “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”

Last year, Obama used Pennsylvania’s Allentown Metal Works as a backdrop to tout his so-called stimulus spending as a success.  A couple of months later – the plant closed.

Then Vice President Joe Biden bragged to a Pittsburgh crowd that all the runaway deficit spending would produce 250,000 to 500,000 jobs created each month by the start of last summer.  We’re still waiting Joe!

Obama claimed his extreme spending spree would prevent unemployment from going above 8%.  It’s been above that for the last 27 months.  To be fair, not everyone has done poorly under Obama.  Federal government union employees have prospered.  Federal employment has grown by over 100,000 positions.  Federal civil servants average pay and benefits were $123,049 in 2009, while private workers that year earned $61,051 average pay and benefits, according to the Bureau of Economic Analysis.

Take the Department of Transportation as a specific example of excessive government growth.  Before Obama, only one bureaucrat there made over $170,000.  After Obama’s spending spree, 1,690 bureaucrats were  paid over $170,000 a year.  How has  the Department’s services improved the nations transportation services?   Now Obama claims austerity by wanting to freeze the Department’s payroll  at that exponentially higher level for a short while before increasing it again.

I guess that is what Obama meant when he said he “will not rest” until he creates jobs, jobs, jobs.  But growing the government is not the same as growing the economy.  Extending unemployment insurance payments is not a jobs program.  Adding more Americans to food stamps is not a jobs programRedistribution schemes do not create more wealth; it just shuffles the stack of what was already there.

News flash to Washington politicians:  you don’t create jobs.  The American people do.  In the private sector, without government money, ordinary Americans start businesses and hire people.  All that is needed is that the government leaves our money in our pockets and gets out of the way by ending excessive and burdensome regulation.

If you succeed, Obama’s government would take your profits in oppressive taxation, to consume on growing the government overhead and whatever is left over is redistributed to government dependents who will vote for more hand outs.

The truth is only 30% of the money intended to be redistributed actually gets to people liberals claim they want to help.  If the government were a United Way charity with 70% overhead expense, would you contribute to it voluntarily?  If the government were a company, would you buy its stock?  When you hear that Obama wants to raise taxes on anyone, what you are hearing is his call for big and bigger government.

The government does not deserve a pay increase.  It’s time to cut spending.

The left blames the Iraq war for deficits but that just doesn’t add up.

Obama and his cronies claim apocalypse will occur if you cut anything from the budget.  Any time someone claims that immediate spending cuts will harm the economy – ignore them, laugh at them, mock them!  You know why?  Because spending never goes down.  NEVER.  Republicans, Democrats and the drive-by media all deceive you when you use the word “cut”.  When businesses cut expenses, spending declines.  When people cut their bills, they spend less.  When government “cuts” spending, the total amount spent still rises, always.  And the drive-by media never explains this properly.

While any tax increase occurs immediately, another sleight of hand is that the spending “cuts” are planned for the last couple of years of any ten year deal, as in years eight, nine, and ten.  So they know it will never happen.  It’s four or five Congresses from now.  Laws change Deals are forgotten.  Promises are broken.  The only thing that really matters is next year’s budget.  Will it be less than the previous year?  Now that would be a real cut.  All that other “deal” stuff?  Increased spending!  Politicians want deals; Americans want solutions.

Obama used the word “balanced” so many times in the recent debt-limit debate it must focus-group well, but the only thing he never would accept was a balanced budget.  He claims he inherited his problems.  Well – get over it!  Every president inherits the problems left behind by the previous administration.

I’ll tell you what else Obama inherited, a triple-A credit rating.  He tried to blame losing that on the Tea Party!  First they claim the Tea Party is fake, astro-turf, small and losing influence; then they turn around and claim we are so powerful we impacted the entire economy of the United States.  I guess being President isn’t enough power.  Obama should try organizing a community Tea Party.

Obama loves to blame others for his poor job performance. “It’s Bush’s fault.”  Obama demonized Bush as an evil fool, but Obama has adopted and continued many of Bush’s policies, and justifies the bad result by saying “Bush did it first.”  The drive-by media lets him have it both ways, but we know better.  He said we should change what Bush was doing, and a majority agreed.  The problem is  -  Obama made it worse.

Obama has never before run on a record.  He’s always run almost literally on words -  hypnotic charm, clever phrases spoken with flare – speechwriters and tele-prompters.  Now he must defend what he has done, and what he has failed to do.

What is Obama’s record?  Sustained high unemployment as a new norm; he has lost the AAA credit rating, he has added more to the national debt than any other president ever; he has more than tripled the annual deficit; he has implemented socialized medicine with Obamacare while health insurance costs continue to rise; he has failed to “stimulate” the economy; he has stopped off-shore domestic oil exploration making us more dependent upon foreign sources.

Food costs more –  Fuel costs more – Housing values have plummeted - More Americans are on Food Stamps than ever in history - Real median household income has declined since Obama took office.  Obama claims he has leveled off the economy.  If Obama were a pilot and he crashed a plane into the ground, would you say he leveled off?

Answering his failed record the administration says it hasn’t spent enough.  But Obama doesn’t seem to learn from history.  Henry Morgenthau, Jr., Secretary of Treasury for FDR testified before the House Ways and Means Committee on May 9, 1939.  “We have tried spending money.  We are spending more than we have ever spent before and it does not work. . .We have never made good on our promises. . .after eight years of this administration we have just as much unemployment as when we started. . .and an enormous debt to boot.”

Nobody has ever spent a country into prosperity, but Obama’s dogma won’t allow him to learn from history.

The recent victory in Wisconsin shows us the way forward.  Gov. Walker brought a $3.6 billion budget deficit into a surplus in less than 6 months without raising taxes.  He did it by gaining control over the spending obligations.  It’s time to follow that lead nationwide.  Revenues will increase through more prosperity.  Grow the number of taxpayers by increasing employment rather than taking an ever larger share from those already struggling.  Economic growth is the only way out of debt.

President Ronald Reagan said “Freedom is not something to be secured in any one moment of time.  We must struggle to preserve it every day.  And, Freedom is never more than one generation from extinction.”

If we intend on passing the torch of freedom to the next generation, let us return our government to its Constitutional moorings.  That would be real change.  Let us not grow weary in the effort.  Our nation’s future depends upon our vigilance.  Our freedoms, and that of our posterity, depend upon it.

The Tea Party Movement is guided by 6 basic principles:

  • NO MORE BAILOUTS
  • REDUCE THE SIZE AND INTRUSIVENESS OF GOVERNMENT
  • STOP RAISING OUR TAXES
  • REPEAL OBAMACARE
  • CEASE OUT-OF-CONTROL SPENDING

Howard Kaloogian, TeaPartyExpress.org

 

 

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