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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Consequences of Elections Are Today's Reality


    By David L Yonkman, Section News
    Posted on Tue Dec 18, 2012 at 09:39:17 AM EST
    Tags: Michigan John Boehner Fiscal Cliff Taxes Budget Elections Debt Deficit Sequestration (all tags)

    Some 51 percent of voters went to the polls in November and reelected a liberal president and Democratic Senate majority who repeatedly said that they would increase taxes - not a word of cutting spending - to pay for the ongoing fiscal crisis. Good for you. You got what you wanted. Now deal with it.

    Elections have consequences. Some 51 percent of voters went to the polls in November and reelected a liberal president and Democratic Senate majority who repeatedly said that they would increase taxes - not a word of cutting spending - to pay for the ongoing fiscal crisis.

    Good for you. You got what you wanted. Now deal with it.

    How did we get to where we are? President Obama inherited a national debt of $10 trillion from former President Bush. Rather than working to address it -- he called the problem "unpatriotic" on the campaign trail -- he allowed it to balloon to $16.4 trillion today with budget deficits averaging $1.5 trillion per year.

    He rushed through a health care law that is transforming one-sixth of the American economy, his failed $1 trillion "stimulus" and the bailouts of Fannie Mae and Freddie Mac.

    The problem is that the current rate of spending is stifling the creation of good-paying private sector jobs in Michigan and sending business investment running for the hills.

    And if a deal is not reached on the so-called "fiscal cliff," taxes will increase for nearly every working American at the start of the New Year. If that's not enough, January 1 will trigger $1.2 trillion in automatic cuts to defense and other programs, creating a massive ripple effect throughout the manufacturing economy, impacting large defense contractors, tens of thousands of small- and medium-sized manufacturers in the defense supply chain and more than 1 million workers throughout the United States.

    None of the proposed tax hikes on millionaires and billionaires -- the President describes them most recently as those making more than $400,000 a year -- will make a dent in paying off our debt.

    The president talks about fiscal responsibility, but he doesn't appear to want to take himself seriously. The House and the Senate unanimously voted against his latest budget proposal, and the Democratic majority has failed to produce a budget in well over three years as it is required to do annually by law.

    His most recent budgets received absolutely no votes in either the House or the Senate. The Democrats in the Senate have failed to fulfill their legal responsibility to offer a budget going on four years. Furthermore, the president has dismissed negations over the fiscal cliff with Speaker John Boehner as not spending enough of more Americans' money.

    Nobody should be forced to pay higher taxes in the current economy, but the leadership that voters have elected thinks otherwise. And who can blame them? That's what they were elected to do.

    ###

    David Yonkman is the President and CEO of David Yonkman Strategies, a conservative political strategy and communications firm based in Washington, D.C.

    < The NPVIC Will Rear It's Head . . . Again | Snyders Test >


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