Monday, August 1, 2011
I am a little pissed at President Obama. He should have let the Bush Tax Cut expire when he had a chance. It overwhelming benefits rich people and is directly responsible for 3.1 trillion dollars of the national debt. Hopefully Obama will stop trying to be a moderate conservative and get back to his moderate liberal roots. Trying to balance the budget without increasing revenues is pure folly.
As long as the Congress produces a budget that contains more spending that revenues, our country will have to borrow money. When I am King, I'll declare the debt ceiling process unconstitutional. Maybe then we can get on to real problems, like JOBS, JOBS, AND JOBS.