Sunday, August 23, 2009

Obama's Biggest Mistake- Biggering Government

When I think of President Obama’s present problems with the American people, I think of The Lorax, a Doctor Suess story I used to read for my children.

The Lorax went like this:

Business is business!

And business must grow

regardless of crummies in tummies, you know.

I meant no harm. I most truly did not.

But I had to grow bigger. So bigger I got.

I biggered my factory. I biggered my roads.

I biggered my wagons. I biggered the loads.

And I’m figuring

On biggering,

And biggering,

And biggering.

President Obama’s problem, as I see it, is that he sees Biggering the Government as the solution to America’s problems.

In doing so, he overlooks a fundamental feature of American culture: it distrusts Big Government when Government impinges on individual liberties and freedoms.

So, President Obama, emboldened by Chief of Staff Rohm Emanuel’s philosophy of “Never let a crisis go to waste,” has over-reached and over-biggered.

1. He biggered the government, making it the nation’s largest employer, with a $787 billion stimulus package.

2. He biggered the number of earmarks, with the $410 milliom Omnibus Bill, sometimes referred to as the Porkulus bill.

3. He biggered health care reform by proposing a $1 trillion plus proposal to be spread out over 10 years. In effect, he threatens to completely overhaul 1/5 of the nation’s economy and the nation's largest single and growing private employer.

4. He biggered the future tax burden on the American people, expected to cost every household $1,100 by 2050, and business much more, with a Cap and Trade bill, designed to tax carbon emissions.

5. He biggered the load on the information technology sector, with antitrust lawsuits against Google and Microsoft and other Internet giants.

6) He biggered the role of government in setting executive compensation of executives at firm receiving bailout money, and the federal government is preparing steps for unprecedented regulation of all consumer finance transactions. Already, payday lenders are being chased into the black market, and New York is losing its luster as an international capital for finance.

7) He biggered government’s stake in academic by making Pell Grants a government entitlement. If the Student Aid and Fiancial Responsbility Act is passed, it will make the government the biggest provider of student loans in American.

8) He biggered government’s ownership in the American automobile industry, fired the CEO of General Motors, and pulled off the Cash for Clunkers program.

9) He biggered government’s role in regulating tobacco, and he would like to bigger taxes for alcohol, fast foods, and soft drinks – and perhaps any other product that leads to obesity - and to pleasure.

10) By dint of these activities, he biggered the federal debt to heights not seen since World War II, moved the United States from 10th to 3rd on the list of major industrial countries in terms of total government spending as % of GDP (at 49,6% now behind only Sweden at 57.0% and France at 54.2%), led to polls saying twice as Americans now consider themselves conservatives rather than liberals , and provoked a string of best-selling conservative books accusing Obama of being a socialist or worse – Culture of Corruption, by Michelle Malkin, Liberty and Tyranny by Mark Levin, Catastrophe by Dick Morris, and The Last Best Hope, by Joe Scarborough.

There is nothing wrong with all of this, aa long as it achieves the desired effect, is limited and temparary, deosn't run out of the people's money, doesn't heavily tax the middle class, doesn't hamper innovation, deosn't destroy American's capacity to make more, and as long as it can count on other countries like China to continue invest in the U.S.

1 comment:

Anonymous said...

absolutely agreed with you.... it's the time fight with other problems first then making any advancement....


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