Here we are again, at the yearly celebration of American independence. Yet, things aren't so celebratory. The unemployment rate is abysmal. The border situation is abysmal. The government has taken over banks and car companies; to an unprecedented extent in our history.
Democrats continue to spend at a time when we need cuts. After all the blathering Obama does about a deficit commission, the Democrat controlled House of Representatives decided that they're going to spend over a trillion dollars for fiscal year 2011.
Democrats also talk about taxing. Obama dreams of a VAT tax. On top of that, and the new taxes of Obamacare; Massachusetts Representative Bill Delahunt presented a plan of taxing the INTERNET. Are they mad? Now is not the time for any new taxes, and now is not the time for any new spending. Democrats continue to do the opposite.
We lost sight. We forgot who we are. We looked to Obama to create the jobs when in fact it is the private sector who creates the jobs. Instead of taking money from the private sector and redistributing it, and f###ing it all up; Obama should have just let the private sector keep the money; it is the natural instinct for companies to grow and hire people.
Tax and spend has thus been proven to be a disaster. Obama raised taxes in Obamacare. Obama spent billions in stimulus in bailouts. All of Obama's policies have FAILED t0 bring the American economy back to normal. The U.N. is even talking about dumping the U.S. dollar as the reserve currency because of all the spending and inflating that the Democrats are doing.
Government bailouts and stimulus is not the answer. The answer is that the government needs to get out of the way of the private sector so that the private sector can grow and hire. Individual companies and people can spend their money better than the Democrats can.
As Calvin Coolidge said, "the business of America is business." Let us not lose sight of who we are. In our system, companies provide jobs; government destroys jobs when it taxes profits and inflates the dollar especially in this period of near stagflation.