Today President Barack Obama told House Republican leaders to “Stop trying to frighten the American people.” He said this in the wake of his first year of endless fear tactics used to promote and encourage his plans for America. At the beginning of the year President Obama threatened Americans that if his stimulus package wasn’t passed then we would see the unemployment rate reach double digits. So it passed, and in spite of his efforts unemployment exceeded 10%. With the healthcare bill in the making he warned of the dire urgency to fix the system or else healthcare costs would reach 20% GDP when the solution has been estimated to cost even more. President Obama himself is guilty of pressing Congress and the public for expensive programs that have and are proving to be failures. If you are going to scare me into something, please scare me into something that works.
If you want to be frightened into something, try this. Due to the falling support for the public option in the ongoing healthcare debate, members of congress have decided to drop the public option and let a nonprofit organization handle the healthcare dealings. They have decided that it would be a better idea to lower the age where people can apply for Medicare to 55 which would increase the number of recipients by tens of millions of people while simultaneously cutting the funding of Medicare by almost 500 billion dollars. So to sum it all up in one handy sentence, they want to take an entitlement program that is trillions in the hole, put a bunch more people in it and cut the funding. Now that sounds like the hope and change we have all been looking for.
Even as I write this report there are 200 billion dollars of repaid TARP loans that are at risk of being re-spent for job creation. They warn us that this money is crucial to inspire businesses to hire more workers. I understand that someone reading this without a job might think it is a good idea, but that money was borrowed for a specific purpose and now that it is being repaid it is imperative that it is returned to the lenders. If there is a crazy job creating idea that needs funding then the money should come from the hundreds of billions of dollars remaining in the fund that was designed for creating jobs, i.e. the stimulus package. Our nation’s leadership is running wild with borrowed money and it has to stop. It is not a Republican or Democratic issue. It is an American issue that we must all put a stop to. Stop spending money, stop raising taxes, and let businesses start investing in themselves again.