In Obama’s weekly radio address, he announced:
“Never before in our history has a tax cut taken effect faster or gone to so many hardworking Americans”
“Making Work Pay” tax break will affect 95 percent of working families, and, in six weeks’ time, a typical family will start taking home at least $65 more every month.”
This is an outright lie and distortion of the truth.
Fact: The majority of the 95% he talks about do not even pay taxes and will not even see a difference.
Fact: The majority of the ones he is talking about will be the ones lined up for the extended unemployment pay or increased welfare benefits. Benefits that will come at a very high price to small business owners who are already struggling.
Fact: Expanding Government has been proven to hinder capital growth, thus prolonging a recession.
It also still continues to dumbfound me, how these elected officials think it is fiscally responsible to “CHARGE” a debt on the “taxpayer credit card”. The country is “BROKE”, when will they get it!!!
This week, legislaters in Pierre will be meeting to discuss how to best implement any funds Gov. Rounds takes from “US”. Please call, e-mail and fax your concerns. And better yet, if you are in the area, drop by and see them personally. ( SD Stimulus Planning Committee )
Fact: For states to create the jobs that Obama claims will be created, the state will have to spend 87% of the total amount, of the Stimulus they receive, just for payroll, taxes and emplyee benefits. That is 87% before any govt red tape or construction costs are factored in.
Fact: The money will “NOT” be going for job creation and capital stimulation, this is “WELFARE” at it’s best!!!
Governors of LA & MS are already saying they will not make any changes to their states unemployment codes so as to not further burden small business owners. I believe SD should follow suit. It is the moral and ethically responsible thing to do.
Fact: If you give a man a fish, he eats for a day. If you teach a man to fish, he eats for a lifetime.
Update ~ Don’t get too comfortable with that extra few dollars(a Lincoln at best) a week. It will be gone very soon and you will be in the “other” majority or looking to add another job to cover Obama’s dreams of “Big Brother” . . .
WASHINGTON (AP)— President Barack Obama wants to cut the federal deficit in half by the end of his first term. Read the whole story at AP for the full depth of Obama’s ignorance and the fact that he has absolutely “NO” experience running anything that requires balancing a budget.