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Republican or Democrat, like him or not, you have to admit President Obama has the attention of the nation like no president has had for a long, long time. Of course, now it remains to be seen what he will do with his time in office. Will he really bring the hope for a better life he has promised or is he just another political dope?
We'll track his progress here, according to my opinion at least, in HOPE or DOPE, Joe Humor's Barack-O-Meter.
Current Count: HOPE - 9 DOPE - 12
(April 20,2009) Obama orders Cabinet to cut spending by $100M Well, saving a measly hundred million is nothing compared to what has been spent, but I'll give him credit for making a start. I have to say, President Obama does actually come back to things he says he will address later, at least so far. We'll see how all this turns out. Overall I still think the high spending is dangerous, but we'll see. For now, any attempt to cut unnecessary spending gets a "HOPE".
And I mean a really BIG
In spite of that, though, I find the idea that congress and the president plan on passing a bill expressly for the purpose of taxing that bonus money even more ridiculous. Government passing LAW specifically targeted at taxing specific individuals in a specific company?
I'm sorry, but that is a crazy idea! No matter how ticked off we all are about this bonus situation, do we really want to set this kind of precedent? We might as well just have the government decided all salaries for all jobs in all industries everywhere!
This is way, way, WAY beyond the scope of a reasonable government!
Obama's tax policies are backwards. He is trying to give a break to those who don't make much money of around $400 a year. He also plans on increasing taxes on the wealthy.
Well, that always sounds good, kind of a Robin Hood attitude, take money from the rich and give it to the poor. However, in terms of growing the economy it's completely backwards. Putting $400 a year in the hands of someone who makes around $25,000 is about a 1.5% savings. That $400 divided over a year equals $7.69 a week. Wow, enough to buy one pizza. That's really going to stimulate the economy, ain't it?
Now, give someone who makes a million dollars a year 1.5% back. That equals $15,000. That's enough to buy some real products, or make an investment, or start another business.
Oh sure, cutting taxes on the wealthy takes more money out of the government's budget, but so what? Isn't the government the single biggest wasteful spender there is?
Now do you see my point?
For years, everyone has gone on and on about how the "special interest" groups are selfishly controlling the government and how they are the enemy of the American people.
Let me ask you this then, who do you think makes up these "special interest" groups?
American people! "Special interest" groups are nothing more than concerned citizens who care enough about something to get together, put up their money, spend their time, and put some effort into letting government officials know what they think and what they want.
What the hell is so wrong with that? Huh? Isn't that EXACTLY what concerned citizens are supposed to do? Isn't that who our elected representatives are supposed to listen to?
There is nothing wrong with people speaking up, making some noise, and telling the government what they believe. More often than not, the so called "special interest" groups are the ones most effected by legislation they lobby for or against. That gives them every right to speak up and try to influence decisions.
I wish everyone would quit acting like that is so horrible.
Everything coming from Obama's mouth lately has been about spending huge amounts of money while supposedly cutting taxes, other than one tax increase on the wealthy just mentioned today.
This makes no sense. He's talking about Wall Street and bankers needing to exercise responsibility, and yet his budgets are going to make the "huge" deficits and national debt of old look like nothing. I realize he believes this is in response to an economic crisis and that it is necessary and unavoidable for the time being. I realize he believes this must be done now to right the economy and that once things are back on track he'll then focus on re-balancing the budget and paying down our debt.
BUT... how is that going to work? Won't the kind of deficits and debt these budgets are going to create put such a strain on the economy in the future that it will only end up causing further troubles?
I just can't see how this is going to help.
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Copyright © 2009 JoeHumor.com, Joe Bingham. All Rights Reserved Worldwide. All content on this site is 100% original and written by me, Joe Bingham, for the express purpose of entertainment and fun. At no time is anything intended to offend, insult, or otherwise enrage anyone. If you find yourself upset or otherwise ticked off, relax, I'm just freakin' kidding, OK? Don't take things so seriously. "Life IS a joke, why not laugh at it?" Please just enjoy yourself and let me attempt to enrich your life with a little more fun and a lot more laughs. Thanks for reading --- Joe