Tuesday, December 14, 2010

Spendaholics: Why the Tax Cut Compromise Was Necessary

The Triad of Redistribution
In 2009, the 111th United States Congress passed H.R. 1105, otherwise known as the Omnibus Appropriations Act, 2009, and it was considered a massive expansion of government spending at a time when the deficits were mounting rapidly. At $410 billion, it contained $8 billion in pork.

It was one year ago, December of 2009. It was also long before the government heard the loud shouts of "STOP!" from the electorate in the form of voting this past November. No matter, the lame-duck session of Congress - a collection of soon-to-be-unemployed politicians - have decided to have one last laugh on the American people.

Not only did the mobility-impaired water fowl ignore the people this year, they have upped the ante, significantly. This December - today, in fact - the Congressional leadership dumped upon its membership a nearly 2,000-page bill calling for a new omnibus spending package of $1.1 trillion. Yes, trillion, with a "T". At 1,924 pages, the spending proposal amounts to nearly $572 million per page. While that may stun some people, there is more. Much more.

The Republican side of the aisle, according to Minority leader Mitch McConnell, knew nothing about this bill until it was plopped before them. Even more stunning is that the disabled drakes want an immediate vote.

Here's why this is so important, as if there were a need for further explanation. While the outrage of such reckless fiscal policy would normally be sufficient on its own, my reasoning for the title should serve to allay the ire of those who stamped their feet at the so-called "Bush tax cut compromise".

If nothing is done, and the taxes are raised again by this administration and current Congress, it is estimated that an additional $200 billion - seized from the people - will flood the coffers of the federal government, and mushroom to $3.8 trillion over the next ten years. Given what we already have learned of the gluttony of our "public servants", it is unreasonable to expect that increasing the taxes of the American people will ever be applied to reducing the deficit, which is the only reason the people would have for accepting such an injustice.

No, nothing would be gained by these tax hikes other than the further subjugation of even more of the populace and, as a result, increased dependence, which is exactly what the Left wants. Just like the pusher, Liberal politicians know full well that without a dependent constituency, power will be lost. Can't have that, can we?

Even if the omnibus spending bill is not directly related to the tax compromise, it is most assuredly indicative of why a deal was so crucial. Give a little or lose a lot. If you're a young reader, and time still passes slowly for you, I say try to hold on while this plays out until 2012. If you're my age, you already know that two years is but the blink of an eye, and we can weather this storm while holding our breath.

The key is that we can prevent an enormous influx of cash for the Democrats, who would have burned through it faster than General Grant took Richmond. In any event, I maintain that the Republicans still have a grasp on what they're doing. We have mere weeks until we can prevent Obama from further running up the credit card. Hold on.

Have faith.

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