I intended to do a comprehensive analysis of the President's SOTU speech. But, yesterday was largely taken by job networking activities. So, I'm going to just give you a few of my immediate impressions.
First, this President must be spending sometime with Marion Barry (if you know what I mean) if he thinks he can balance the budget in five years, WITHOUT RAISING TAXES. This is impossible. He wants to escalate the War in Iraq as well as increasing the overall size of the military by nearly 100,000. Early analysis says that discretionary spending would have to be cut by forty percent in order to achieve a balanced budget. I would also like to point out that the Republican Congress and this Republican President have driven our Federal budget into the largest deficits in history. It is simply amazing that he could stand before the Congress and the country and propose such a ridiculous idea.
(Let's not also forget that in the same speech, he already proposed raising taxes on employees who are provided great health plans by their employers. Read: Unions)
On a related point, others have correctly pointed out that the War(s) that we are engaged in presently is the only time in history that the President has not asked the American people to make a sacrifice to fund the War. This is particularly amazing to me because when you point out the fiscal disaster created by Republicans, they point to the War on Terror as the reason. However, instead of following historic precedent and raising the funds for a War, they cut taxes. Of course nearly 90% of their taxcuts went to the wealthiest 1% of our citizens.
So, when the President presents his budget to Congress, let's be wary of how the heck he's going to achieve balance in five years without gutting spending on domestic issues like education and healthcare.
Another point that really got me was his proposal to end earmarks. Thanks, Mr. President, but Speaker Pelosi already beat you to the point. By a couple of months. By the way, has anyone remembered that the Democrats are stuck passing LAST YEAR'S appropriations bills because the Republicans don't know how to govern?
And on Iraq. Jeez. This President is seriously delusional when it comes to Iraq. I'll leave it at that.
Below, I'm posting a response from one of my new favorite Members of Congress, Rep. Louise Slaughter, Chairwoman of the Rules Committee. You've got to love that Southern Accent from a NY Congresswoman!
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1 comment:
Nice post! Can’t wait for the next one. Keep stuff like this coming.
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