Monday, January 07, 2013
"Preparing for era of Bigger Government"
Ugh!
Happy New Year to you, too...
Happy New Year to you, too...
In the New York Post, Michael Goodwin presents these thoughts and more:
"The Obama administration is happy to keep borrowing 40 cents of every dollar it spends, or nearly $4 billion a day, seven days a week. Each day brings plans for added regulations and new ways to rob Peter to pay Paul.
The combination creates a huge cloud hanging over every family and business. Debts and inflation exact penalties, perhaps for generations, and already are stifling innovation and job creation. Ours has become the world’s largest debtor nation and still needs more lenders.
The certain result will be an economic pie that doesn’t grow fast enough, which will lead to new demands for more redistribution under the guise of 'fairness.' Always, the government redistributes by taking the first bite for itself."