Public Works Project
It’s late, so I’ll try to be brief in voicing my displeasure.
Obama hasn’t even taken oath yet and he’s already got big plans for your money. He plans to institute a public works project on the scale of the construction of the interstate highway system in the 1950′s. This is his plan for reviving the economy and creating jobs.
You are probably asking yourself, “Where is he going to get the money to pay for all this?”
Well, there are really on 2 viable options. 1) Raise our taxes. 2) Borrow it.
I think I’ve made my views on the government dipping into my wallet to pay for garbage like this very clear. So let’s take a look at option 2 – borrowing to pay for the public works project. Obama could potentially take us even further into debt to pay for his project. It would be refreshing if someone in the government would acknowledge that part of the reason companies and individuals are in the mess that they are in financially right now is because they carried an unhealthy amount of debt. Yet, as a country, we have saddled ourselves with ENORMOUS debt to pay for various pet projects, socialist programs and vote buying schemes. In fact, if you were to calculate our country’s credit score, it would be somewhere in the neighborhood of 0. If America was an individual, the phones at the Capital would be ringing off the hook with calls from collection agencies, Ari Force One would have been repossessed and the White House would be in foreclosure. That is unacceptable. Yet Obama could very well INCREASE the amount of debt we carry. How is this a good idea?
There is an easy solution to avoid rasing taxes and borrowing to pay for Obama’s plan – DON”T DO IT! We don’t need to “create jobs”. If you have to create a job, then the job is not needed. It’s basically the same as a rich uncle giving his idiot nephew a job to make sure that he’s got money to live on, because he’s too stupid to get a job elsewhere. The government is basically creating jobs to make sure that their idiot nephews (those who chose to go to work in dying industries and are too dumb or lazy to try and get a job anywhere else) will have somewhere to go. And I haven’t even looked at the vote buying aspect of this scam…er, plan.
Corporate America understands that when times are tough, you tighten the belt, make some tough choices and cut spending. Our government doesn’t get it. They think that they should borrow more money (this is on top of the $8.5 trillion and counting spent bailing out various companies) to try and improve the economy. It’s absurd.
Would a smart, financially savvy individual borrow more money than they could ever payback in an attempt to improve their financial situation? No. Going into debt weakens your financial strength.
Obama’s public works project will weaken the US even further financially and give all our idiot cousins jobs.
YAY GOVERNEMENT!