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Friday, January 4, 2013

  I have started this blog because I am truly frustrated.  It would seem more and more Americans are loosing touch with reality, and forgetting the basic principles of debt management.  You cannot get rid of a deficit without cutting spending.   Obama does not want anything to do with cutting spending.  It is blatantly obvious.

  The cries to increase the taxes on the rich are ignorant at best.  The Rich in America do not make enough to be able to tax them enough to pay off the US Debt even if we were to tax them at a tax rate of 80-90%.  In addition I am tired of Plenty of Liberals screaming that the rich have to pay their fair share when the top 10% pay 70% of all taxes. 

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

   Many Americans got their first paycheck today for 2013 and found out that they were taking home less today than they were just two weeks ago.   Members of the Democratic Underground Posted that they were stunned that their paychecks were smaller, but in their naive brilliance came to the conclusion that Bush had enacted the payroll tax deduction, and while Obama did not want to raise taxes on the middle class had no choice but to let the Payroll tax deduction expire.  But the REALITY is that Obama is the one that enacted the payroll tax deduction, in 2011 in hopes of sparking the economy.

  http://www.nydailynews.com/news/national/payroll-tax-rise-article-1.1231335

So Obama lied.  All Americans not just the Richest Among us awoke to a tax hike in 2013.  Shock of all shocks meaning Obama lied.

  In addition to Obama's lying about not taxing any one but the rich.  Obama does not want to cut spending.  His followers do not want to cut spending as well.  Hannity has an economics professor on his show, that is a backer and supporter of Obama.  He is an economics professor but sees no need to cut spending.  He himself states that taxing the rich will get us out of the hole.  But the reality is that it wont.  Again if you taxed every "Rich" American at an 80% tax rate it still would not be enough to pay all of our debt off.

  Liberals hate it when Conservatives accuse them of class warfare but that is exactly what they are doing.  When a person says somebody like Romney is evil because they are rich and should be turned upside down and have all their money taken from them it is INDEED class warfare.  There are people in the US that believe that the rich are thieves and only got there by robbing others.  For some reason according to many liberals you could not be rich and work hard to get there.   But the reality is getting rich and staying rich are exercises in hard work and self discipline.  Nothing less nothing more.

  I would like it if some one could explain me how we can spend ourselves out of debt, or how we can tax the Rich enough to get us out of debt or how Bush Caused the Payroll tax deduction that Obama supported and that was passed into law in 2011.

  Please, I welcome debate.  Do not be rude and please do not be vague such as stating well its all the Rich peoples fault or saying Rich people do not work hard to get where they are.  I want true debate and real examples.  Thanks.

Next discussion will be about Unions.  I hope you respond and participate in my discussions. 

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