Sunday, March 1, 2009

Silly lies

Obama will let the Bush tax cuts expire, but claims it isn't a tax hike. Sorry, but if taxes increase, its a tax hike. Then we get a 3.2 trillion budget, with increases for his favorite social programs. Now, to be fair, some of the savings he's trying to get are decent ideas. But the increased spending erases any savings, so whats really the point? Then theirs the fuzzy math on Iraq. His "savings" in Iraq assume spending 180 billion in Iraq every year till 2019, which was never going to happen, as even Bush's deal with the Iraqis had most resources out by 2012. So another silly lie.

I hope the economy recovers, even if Obama gets credit for it. But taxing energy companies for carbon, on top of the 35% corporate tax rate, is going to increase costs across the board. Energy makes everything more expensive. Families might weather it, because they can buy Chinese products made with cheap coal power, but increasing costs on Americas dwindling manufacturers seems like suicide.

Obama seems to think everything will work his way, magically. But he's kidding himself with his silly lies.

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