And it's not even my money, cool huh?
A 2% payroll tax cut is about to expire (one that should not have occurred in the first place), the President appeals to the public to tell Congress what the loss of the $40 will mean to them and unthinking Americans respond in droves not caring where the money will come from, the inevitable consequences of our financial chicanery or the long-term impact on Social Security funding … Hey just get it from the “wealthy 1%.”
Congress extends the tax cut without funding it, adding more to the deficit.
Not a week goes by that another piece of legislation is not introduced adding more to federal spending. There is more for everybody, just don’t pay for it or instead soak the top 5 percent of Americans.
There are several clear messages here. Americans want more, they know little and care less about Federal spending . Obama is going to be re-elected because he is more than willing to buy the votes of the middle class.
It’s not all that complicated and Americans are going to get exactly what they deserve.
Tags: Balanced Budget Act, Congressional Budget Office, debt, deficits, Economic inequality, federal budget, government spending
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