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Betty Arenson: Democrats redefine ‘compromise’

Posted: December 14, 2012 2:00 a.m.
Updated: December 14, 2012 2:00 a.m.
 

Democrats have blared for a decade that the Bush tax cuts are for the wealthy. Now they panic that expiration of those dangerous Bush tax cuts will gravely harm the middle class. Which message is the truth? Call it ambiguity, hypocrisy or blatant lies; the scorners sow and reap a host of prudent observations and sapient questions.

Unquestionably, the gang derisively trashes the Bush tax cuts while most glaringly they all take full advantage of them. Every phony critic can pay the Clinton-years tax rates anytime. It’s simple: write, sign and send a check to the IRS.

If the cuts are for the rich, why stampede to scare the middle class? Last week Obama rushed to Rodon Group toy factory in Pennsylvania to warn that the cuts’ expiration would tax the average middle-class family of four about $2,200 in 2013.

Democrats’ theme is tax millionaires and billionaires more. Then why are Democrats insisting on the higher rate for earners at $200,000? The misguided erroneously perceive that six-figure earners lead easy lives of luxury. The $200,000 figure will cripple many small businesses.

Democrats covet the Wall Street Occupiers with their disgusting behavior in a purported message of taking down the evil “1 percent.” What happened to that 1 percent? Obama now demands increasing taxes on the “top 2 percent?”

The National Debt approaches $16.3 trillion with the debt clock ticking increases at about $47,000 per second. Obama and loyalists now demand $1.6 trillion in new taxes and they do not dispute that raising taxes on those $200,000 and above will only generate about $82 billion a year; a mere $820 billion over a decade. Calculating Obama’s present demands over a decade adds $16 trillion over and above the $16.3 trillion we already have. We face unimaginable trillions in debt and the Democrats are quibbling over $820 billion.

The aforementioned debt does not include the trillions of debt that will be heaped upon us by Obamacare. Because this administration wholly lacks transparency, it is unclear as to whether or not these outrageous numbers include Social Security.

The day before Thanksgiving the national debt was $16.28 trillion. With no borrowing on the holiday, $16.31 trillion was owed on Friday; a one-day increase of $24.32 billion. That one day of borrowing “equaled about $211.69 per household,” (LBN report). Obama created more debt in four years than all of the previous presidents from George Washington to George W. Bush combined. The CBO reports that by December 2012, the U.S. borrowed 46 cents of every dollar spent.

Treasury Secretary Timothy Geithner said (CNBC interview Dec. 5) the Obama administration is “absolutely ready to go over the fiscal cliff if Republicans refuse to raise tax rates on the wealthy,” and, “There’s no prospect in an agreement that doesn’t involve those rates going up on the top 2 percent of the wealthiest Americans.”  Obama preaches “compromise” while he has not budged one iota nor has he offered any detailed spending cuts or any plan. He is Demander-in-Chief; you play my way or you don’t play. That isn’t compromise and this is the bunch that calls Republicans “obstructionists.”

It is a slap in Americans’ collective face to be told by Geithner to pay more in taxes while he didn’t pay his own on time, yet this is the man Obama appointed as Treasury Secretary to pick our pockets.

On July 21, 2011 debt talks fell apart between Obama and John Boehner. After agreeing to a deal, in principle, for $800 billion in new revenue, Obama moved the goal post demanding $1.2 trillion. Today Obama demands $1.6 trillion. Obama and his minions cannot be trusted.

Republicans must not fold to Democrats again. The fiscal cliff already hit many of us. This is the time to give clarity to the blinded on the real Obama and his agenda. Americans must demand honest dialogue on the observations and demand answers to the questions.

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally. Leadership means that, ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.” — Sen. Obama, March 2006

Thank you Mr. President. Republicans couldn’t say it any better.

Betty Arenson is a Valencia resident.

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