Articles tagged as

Spending

Obama – always the victim

A primary tool of any Community Organizer is to create a set of people to believe they are victims.  Victims of a circumstance, victims by “authority”, victims by ginning up a fabricated storyline (see: Reverands Al Sharpton and Jesse Jackson as examples).  Well, isn’t it rather obnoxious to see the most powerful man in the … Read more

Somehow, most of us DO think the Feds have a spending problem, Mr. Obama!

“What stunned House Speaker John Boehner more than anything else during his prolonged closed-door budget negotiations with Barack Obama was this revelation: “At one point several weeks ago,” Mr. Boehner says, “the president said to me, ‘We don’t have a spending problem.’” …Under this scenario, federal spending would average 23% of GDP over the next … Read more

Forward is the New Backward

Taxes and Democrats The pledge politics lie and broad based taxesReality thy name is payroll tax cut, or more to the point the absence of same.  That’s right, the federal government will no longer be subsidizing your lifestyle.  The “holiday” is over.  They are taking back that which is theirs.  And all of our paychecks are going down as a result.

Effective January 1st the payroll tax rises from 4.2% to 6.2%.  That hits everyone.  And there is a lesson to be learned here if liberals, and people who refuse to pay attention, pay attention.  That 2% subsidy you just lost–that is what the Democrats call it when they don’t tax rich people, business owners, or oil companies, a subsidy–really is your money, just like it really does belong to everyone else who goes to work or runs a business or takes on investment risk.

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Are New Hampshire Democrat’s Pushing a Mental Illness Narrative?

Mental illness is a moving target, but one that keeps getting bigger.  Here in New Hampshire, if you Google Mental Illness, you will discover that it is getting bigger here as well.  Mental illness is up, we are told.   More patients are going unreported or untreated.  And just in time for a Democrat Budget writing House and their spend then-tax-den mother (Governor Maggie Hassan) to ignore the delicate state of the economy, rising payroll taxes, unemployment, wage stagnation, and the cornucopia of looming federal burdens, cliffs, debt, and spending, and Obama care, to justify growing our own budget right here in the Granite State on top of all that.

Look,see!?  Mental illness.  It’s right there!  We (politicians and government) are the only ones’ who can do something about that.  We have to do something…

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For a meager mess of porridge; so what DOES the Republican Party stand for now?

From RedState Twitter Feed:

RSBooBooKitty: Blank Check Barry and his Blue Journalism Gang just knocked over the Hapless Hill Savings Bank of Other People’s Money. #RSRH

Such a Happy New Year start – Senate Republicans caved into Obama’s Progressive Punish the Successful campaign.  $620 Billion more in taxes.  Only $15 Billion in reduced spending.  A ratio of $41 in new taxes to $1 in spending cuts.  Welcome to Obama’s definition of “balanced” deficits.   Obama poured coals on their head during his press conference, utterly belittling them and what they stand for:  “Keep in mind that just last month Republicans in Congress said they would never agree to raise taxes on the wealthiest Americans.”…“Obviously the agreement that’s currently being discussed would raise those rates and raise them permanently.”

#GROVEL.  Trading a mainstay of Republicanism, a pillar of Republican philosophy – lower taxes, limited government.  They voted for neither.  Again.  Again, they didn’t even read the 157 page bill.

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Fiscal Cliff Deal? A classic case of the Left embiggining Government

Update:

  • Current tax rates would be permanently extended for singles making $400,000 or below, and permanently extended for couples making $450,000 or below
  • For singles, capital gains and dividends of $400,000 or below would be permanently taxed at 15 percent; capital gains and dividends above $400,000 would be permanently taxed at 20 percent
  • For couples, capital gains and dividends of $450,000 or below would be permanently taxed at 15 percent; capital gains and dividends above $450,000 would be taxed at 20 percent
  • The Alternative Minimum Tax would be permanently patched
  • Estates over $5 million would be taxed at 40 percent, and that tax rate would be permanently extended

Nothing on spending cuts (like, I’m surprised??)

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Or “Running out the clock always results in running out with somebody else’s wallet.”

The Corner is reporting that the AP is writing that a deal has been struck:

  • We shall punish the hardworking and successful:

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Your childrens’ future…

H/T John Hinderacker and Michael Ramirez…emphasis mine. “If there is one thing we know for sure about the federal government, it is that it spends way too much money–around $3.54 trillion in FY 2012, with a $1.1 trillion deficit. You would think that the man who presides over this mess, Barack Obama, would have the … Read more

Quotes worthy of note….

“Michael Tanner of the Cato Institute calculates that Greece owes 875 percent of GDP for unfunded liabilities; the United States owes 911 percent, or almost twice as much as France at 549 percent.”  —Mark Steyn Are we broke?

MYTH 3: We have a “revenue” problem

You can read Myth’s 1, 2 and 4 here should you care to; my purpose for the moment is to mug and pummel the idea that spending is not the problem and this helps illustrate that.

The revenue problem refers to the notion that revenues are too low. Typically, special attention is drawn to the tax rates paid by the “wealthy.” However, taxes are not too low. In actuality, taxes are too high. Once again, take a look at the last 20 years. In 1992, federal tax revenue totaled $1.642 trillion in 2012 dollars. In 2012, revenue skyrocketed to $2.435 trillion in 2012 dollars. While federal spending has eclipsed revenue by more than $1 trillion each of the last four years, too little revenue has not been the culprit!

Put another way, imagine that you are earning 793 billion more dollars today than you were twenty years ago and yet your lifestyle still exceeds your income by more than a trillion dollars a year.

Do you think the someone with the Name tag that reads ‘Hello My Name is: Federal Government” could use a little  intervention?

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Has Jeanne Shaheen Had A Come To Jesus Moment on Taxes?

Eighteen Democrat US Senators have sent a letter to Harry Reid requesting that the Medical Device tax portion of Obama-Care be delayed. The letter does not say it directly, preferring to dance around the issue, but it is obvious that these 18 Democrats, New Hampshire Senator Jeanne Shaheen among them, believe the Medical Device tax … Read more

Dots Progressives Can’t Connect?

It is not about state spending, Healthy states are about libertyEvery year United Health Foundation releases a report on America’s Health Rankings.  This is a state by state assessment, and every year New Hampshire is one of the healthiest places in the nation to live.  Last year we were ranked second, this year third, but always in the top three or four.

The two states that beat us are the two that always seem to, Vermont and Hawaii.  Hawaii was number one this year, Vermont number two.  And I was wondering why?  Was there a wide range of separation or just one or two core measures where the reported difference was so wide as to keep New Hampshire down?

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Data Point – Federal Subsidies for electric power

    Yes, the enviros can complain that coal gets more of a subsidy than solar; true enough.  Add the subsidies for the top 4 items vs the renewables?  No contest – fossil fuels get $4.557 billion while renewables get $5.954 Billion.  In the end, however, is what is the bang for the buck.  It … Read more

A perfect example of why there is frustration with the GOP

The grassroots within the Right of the Political aisle formed the TEA Party – Taxed Enough Already.  As being pointed out this morning on the talking head shows, if we go over the Fiscal Cliff, there are more than a few states, combined with Fed taxes that will take effect, will have residents that will … Read more

It’s only one small, teeny-weeny bite….right? Who could it hurt?

  It seems that US House Speaker John Boehner is being sorely tempted?  His words about semi-caving into Obama’s demands on new taxes, new spending, and new debt ceiling limits show us that he’s already got his eye on the prize: How well will the new NH Republican legislators resist the same temptation, especially under … Read more

Surprise! Real U.S. national debt is $86.8 trillion.

I swear. The Wall Street Journal has better letters-to-the-editor than any other newspaper. Sometimes they educate all by themselves. For instance, here are comments on a piece about our real national debt being over $85 TRILLION, not the measly $16 trillion obediently reported by the media: From George Leef in Raleigh, North Carolina:

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Data Point – Federal spending; the curve

What happened in 2007 to elevate spending?       A Democrat controlled Congress.  Just like in NH, but that started in 2006.  That money has to come from somewhere.  Emphasis on “where” is all that Democrats think of rather than on what Conservatives believe, which is someone. It is sad that Democrats hate people. … Read more

Blood and Water – The Return of Democrat Rule in New Hampshire

Skip broke the news (on the Grok) about New Hampshire State Government’s department heads making budget requests that would increase state spending by 26% in 2013.  If you had any delusions about who or what state agencies represent, you just got your answer.

It ain’t you.  It’s them.

In the current economy, with no regard for whose money they are spending, incoming governor Maggie Hassan would have to raise taxes and fees by at least 19% to fill all the requests.   AFP-NH estimates that this would extract around 700 million dollars from the people of New Hampshire to pay for new spending that would never go away. So that’s 700 million from every budget henceforth and anon, plus new new spending each budget there after….these are Democrats if you recall, there is no enough when it comes to spending your money.

And that $700, 000,000.00 (million) is ironically close to another sum we readily associate with New Hampshire Democrats.

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