Friday, July 8, 2011
A True Man-made Disaster
Liberals, and some Republicans, are usually the ones that are quick to spend money that they don’t have, but they understand the country is fed up with the reckless spending. Believe me though, if the Tea Party did not send a message this past November, then it is likely we would have raised the debt ceiling 3 months ago and would have already spent well past it. So now the argument is where do we cut spending and how do we manage the revenue coming in? The basic two sided compromise is Conservatives want massive spending cuts to be on the table, and Liberals want to raise revenue.
Liberals feel that if you raise the revenues that come in, then you have more money to pay down the debt. Now if you applied that to your household or personal budget you would raise revenues by picking up another job. Congress on the other hand, takes more money off of its citizens with taxes. So let’s be clear, Liberals on TV or in Congress will talk about raising revenues, but understand that means increasing taxes. Listen and watch carefully how they will proudly support increasing revenues. Do you feel that more money should come out of your paycheck to pay the debt Congress accrued? In fact, do you actually think the money they get from higher taxes will go to paying down the debt? Now that President Obama has finally jumped into the decision making, you would think that a great leader that once prided himself on being a President that would bring the country together would lead and mediate this crisis. HELL NO! The President put on an embarrassing press conference where he not only attacked Republicans, but started a class warfare by going after the "evil rich.” I guess Barack the campaigner is back. Their strategy is to convince you that we are in debt because “rich” people in America are not paying their fair share. Oil companies are not paying taxes because of loopholes while receiving subsidies, tax breaks are increasing the deficit, and they even singled out people that ride private jets. These are typical Liberal talking points. Will you allow Liberals to divert your concerns about our debt away from Congress and onto a certain class of society? Are the rich the problem? Should we target their wealth to increase revenue? I ask you to think about these questions and put them up against the Conservative mindset. Do the answers you’re told to believe match up to your morals and to the principles of our country? What do you really believe?
Taxes. More taxes on any economic class is never the answer. A huge Liberal idea is that tax breaks increase the deficit. That is why they claim the “Bush tax breaks for the rich” caused our current deficit. In a way this is true, only because Liberals think that if they lose revenue coming in, then they have to borrow money to make up for. If Congress would live within its means, the way a common household is expected to do, then they would not spend it if they didn’t have it. Conservatives believe that cutting taxes will spur businesses to invest their kept income, hire new people, and in result trigger economic growth. That is why deficit reduction is two-fold; you have to cut spending when you cut taxes, something Reagan even failed to do. I’m really lost for words when Liberals even think higher taxes will improve the economy, even if you limit it to only the “rich”. I have been putting rich in quotations because Obama and Liberals label the rich as anyone making more than $250,000 a year. That might sound like a lot, but the problem is that that tax bracket includes many people that work extremely hard for their money, so why single them out even more than our tax laws already do. The fact that they went to college and earned a degree which allows them to make a great living should be rewarded and incentivized, not punished and stolen away for those who chose otherwise. Also, that tax bracket includes small businesses. Small businesses are the foundation of our economy. The Office of Advocacy funded data and research showing that small businesses represent 99.7 percent of all firms, they create more than half of the private non-farm gross domestic product, and they create 60 to 80 percent of the net new jobs. If we tax them more, especially now when we are begging for them to employ more people, it will have the reverse effect and unemployment will essentially increase. As for the evil rich private jet owners, the same principle applies. Ask yourself, how many poor people have signed your paycheck? Also, the corporate rich are the ones that take risks to invest in new businesses and create new markets. The private jets, yachts, fancy restaurants and hotels that we are told to despise the rich for, are all built and serviced by middle class workers. I’m sure they are thankful for the use of their services and products. Attacking the rich for this lifestyle punishes the very class of people that are being told to do the attacking. If we gave into Liberals and taxed all 403 billionaires in the US at a 100% tax rate we would get an additional $1.3 Trillion in revenues. This would not be enough to pay this year’s deficit. This is obviously not the solution to our problem. It is just a side show that our inexperienced leaderless President puts on to avoid making real decisions. The liberal mindset of class warfare to chop down the upper class to make us all equal equates to the mindset of Marxism.
Big Oil, oh that evil and dirty Big Oil. Why the attack on oil? Probably the easiest answer yet. Liberals know that our US economy is driven by the use of oil, but they think oil has had it too easy and is making too much of a profit. How many times have you heard Exxon Mobile’s yearly earnings reported and then followed up with a reason to increase the taxes on them because they can afford it. Liberals want you to hate their large profits. They want you to despise the fact that they have profits in the billions while you pay outrageous prices at the pumps, and they are subsidized! Do not fall into that trap! First off, oil companies get ABSOLUTELY ZERO subsidies. They get tax breaks, and there is a difference. A subsidy means that money is actually given to them out of the US Treasury. Oil companies get a tax break which means they get to keep more of their own earned money when they file taxes. The reason for this tax break is because all businesses and manufactures get the same tax breaks. Money spent on finances for the business or manufacturing costs can be “written off”. Oil companies just spend a lot of money to produce their product. In fact, after research and development, drilling for oil, refining the oil, transporting the oil (sometimes across the world), they still are able to get you a gallon of gas on average for $3.58. But a gallon of milk from our own country on average is $3.50. But you are told to hate Big Oil. The “loopholes” for oil companies that Obama and Liberals want to do away with would bring in an additional $4 billion in revenue, that is 0.028% of our national debt. Again this is not the answer to our problem, just another bone thrown to liberals for the upcoming election. If you want to be mad at anything regarding oil be mad that we rely of foreign oil that harbors terrorists and set the prices, instead of drilling for our own in our own country. Be mad that gas was $1.84 last January and now it’s $3.60. Be mad that the Brazilian oil company Petrabras got a true subsidy of $2 billion dollars from the US.
Liberals hate oil because of profits and the idea of global warming (again a debate for another post). Despite both of those reasons, we cannot allow our government to pick and choose winners and losers. That is not a true free market. Many Liberals hate capitalism because of the crookedness and cheating, well that kind of capitalism is not wanted by Conservatives either. The more government involvement and regulations that are enforced upon the market, the more corruption exists (i.e. Prohibition). We want a free market where businesses win and lose on their own. Do you agree that the government can pick oil companies to be excluded from tax breaks while all other businesses continue to receive them? Especially when you take money from oil companies and give it to a competing industry that Liberals love such as renewable green energy. It is simply Socialism for the government to dictate which companies will succeed and which ones will fail. It is Socialism to redistribute the wealth and profits of one company to another company through taxes. If this is allowed, then which company is next? Should we take from Ford to help out GM? Should we punish the hotels to help out the cruise lines? Should we tax comedies to help promote dramas? Should we take from the private sector workers to pay for the public sector worker’s benefits and pensions? Who makes these decisions and for what reasons? The Conservative Mindset says the consumers decide who succeeds and who fails in the free market. Socialism gives that privilege to your government, and if history tells us anything, that can be a very slippery slope.
The debt ceiling crisis should be taken very serious, but for our President to use it to demagogue his opposing party because of his upcoming election is pathetic. We need someone with the courage to put together a budget and plan that confronts the problems at hand, not divert them into class warfare for their own political gains. This compromise of cutting spending and raising taxes is nothing new. When the deal goes through they will claim a bipartisan effort with "X" amount of dollars of spending cuts for every "Y" amount of new or raised taxes, but if we learned anything from Reagan and Bush Sr., the taxes will go through but the spending cuts will get lost in the rhetoric. We need someone to force Congress to stop its reckless spending by holding the debt ceiling in place. We as Conservatives say tax us fairly and then spend our money responsibly.
Don't forget to use the share buttons below! And don't forget to sign up for automatic updates through Facebook, Twitter, or Email using the buttons at the top right of the website. If you choose to use email, remember you have to activate your subscription through the confirmation email you will receive from feedburner. If you choose Facebook, just Like the page you are redirected to.
Spread the Conservative Mindset with:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment