advertisement

The problem is spending, not revenue

Recently the president said that Social Security checks won’t go out if the debt ceiling doesn’t get raised. That is an out-and-out lie. The debt ceiling has nothing to do with Social Security. He’s trying to scare the seasoned citizens. You will get your checks. Also, the military will still get paid, money will still be coming in, the world will not end.

Just six months ago the president was making remarks saying this is not a time to raise taxes and touting how he worked with Republicans on tax cuts. There were no tax cuts. The current tax rates were extended, which at the time the president was dead set against, until he changed his mind.

He also recently attacked the private jet industry pretty much blaming them for the government not having enough money. Have to get rid of those “loopholes.” Well, guess who put those “loopholes” there. The president! As part of the stimulus package private jet owners were able to use a seven-year depreciation schedule, up from five years. And then he goes on the offensive against the same industry he gave the breaks to.

He is hammering away with the class warfare attack plan. The government doesn’t have a revenue problem, it has a spending problem. President Bush racked up $2 trillion of debt in eight years and he got hammered for it. This president has raised the debt by $5 trillion in just two years and the press isn’t saying a word. Doesn’t surprise me.

Al Haak

Palatine