Tag Archives: Waste

News

MUST-SEE: Sen. Jim Demint demolishes Obama’s socialist health care plan

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This is more must-see than any other must-see I have ever recommended. (H/T Hot Air, Stop the ACLU)

Excerpt: (H/T Gateway Pundit)

“The last time the President made grand promises and demanded passage of a bill before it could be reviewed, we ended up with the colossal stimulus failure and unemployment near 10 percent,” said Senator DeMint.

“Now the President wants Americans to trust him again, but he can’t back up the utopian promises he’s making about a government takeover of health care. He insists his health care plan won’t add to our nation’s deficit despite the nonpartisan Congressional Budget Office saying exactly the opposite. And today we learn that the President is refusing to release a critical report on the state of our economy, which contains facts essential to this debate. What is he hiding?

“If the actual legislation came close to matching the President’s rhetoric, he would have no problem passing this bill with huge Democrat majorities in both chambers. But Americans aren’t being fooled and are discovering the truth about his plan which includes rationed care, trillions in new costs, high taxes and penalties that will destroy jobs, and even government-funded abortions.

“Let’s be clear, there is no one in this debate advocating that we do nothing despite the President’s constant straw man arguments. Republicans have offered comprehensive health care reform solutions that cover millions of the uninsured without exploding costs, raising taxes, or rationing care. We can give every American access to a health plan they can own, afford and keep without a government takeover.”

THIS IS A PERFECT SPEECH.

Even better than his denunciation of the hate crime bill.

It’s as good as Michele Bachmann’s Gangster-Government speech!

So I guess it’s Michele Bachmann and Jim Demint in 2012, then! Right? Bobby Jindal can be Secretary of Health & Human Services, Sarah Palin can be Secretary of Energy, Paul Ryan can be Secretary of Commerce and John Bolton can be Secretary of State. And Edith Hollan Jones and Janice Rogers Brown go on the Supreme Court! Oh, that makes me so happy!

Health care quality will suffer

Meanwhile, the Mayo Clinic, one of the most prestigious health care providers in the world, is disgusted with Obama’s health care plan. (H/T Hot Air, American Spectator via ECM)

Excerpt:

Although there are some positive provisions in the current House Tri-Committee bill – including insurance for all and payment reform demonstration projects – the proposed legislation misses the opportunity to help create higher-quality, more affordable health care for patients. In fact, it will do the opposite.

In general, the proposals under discussion are not patient focused or results oriented. Lawmakers have failed to use a fundamental lever – a change in Medicare payment policy – to help drive necessary improvements in American health care. Unless legislators create payment systems that pay for good patient results at reasonable costs, the promise of transformation in American health care will wither. The real losers will be the citizens of the United States.

Obama is interested in controlling as much of the economy as possible – he is not interested in providing good services and prosperity for you!

Further study

You can learn more about the Republican health care plan with short 5-minute podcasts by brilliant policy analysts like Regina Hertzlinger, Sally Pipes and Rep. Paul Ryan. Not to mention Michael Tanner and Michael Cannon of the Cato Institute. There is an alternative way to lower health care costs while preserving individual choice and liberty: consumer-driven health care. Health care videos are here.

News

MUST-SEE: New ad compares Obama’s job-creation rhetoric then and now

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The video is up at Hot Air. (H/T 4Simpsons)

So what is the unemployment rate now? How well is Obammunism working?

WHTR News reports:

President Obama’s $787 billion stimulus bill to revive the economy is a staggering figure. So why then is there talk in Washington about a possible second stimulus package to jolt the American economy out of recession?

Economists say that only 10 percent of stimulus dollars have been spent and the president’s plan has been criticized for not creating enough jobs.

“You can’t justify it logically. You have to justify it politically and that’s what this comes down to. It’s political distribution of dollars,” said Matt Will, University of Indianapolis.

When the president signed the Recovery and Reinvestment Act into law in February, he said it would create new jobs. Yet unemployment now stands at almost 9.7 percent, the highest in over two decades.

When will voters learn that there is no way to stimulate an economy by spending? The right way to stimulate an economy is by creating jobs, by passing laws to encourage businesses to expand and hire more employees. For example, we could have spent 400 billion dollars and cut the employer portion of payroll taxes, so American workers would go on sale. The Democrat porkulus bills (1 and 2) did noting to create private sector jobs.

Remember, Democrats caused this recession and Republicans tried to stop them. Why should we trust Democrats to get us out of the mess they put us into?

News

How do Democrat policies stimulate the economy?

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Consider this Washington Times article to see how it works. (H/T Gateway Pundit)

Excerpt:

The Obama administration revealed last week that as much as $16.1 million from the stimulus program is going to save the San Francisco Bay Area habitat of, among other things, the endangered salt marsh harvest mouse.

That has revived Republican criticism that the pet project was an “invisible earmark” in the massive spending bill for Mrs. Pelosi, whose San Francisco district abuts the Bay, and epitomizes what Republicans say is the failure of stimulus spending so far to help an economy still shedding jobs.

“Lo and behold, the government has announced that the mouse is getting its money after all,” House Minority Leader John A. Boehner, Ohio Republican, said, standing beside a poster of the furry varmint. “Speaker Pelosi must be so proud.”

Mrs. Pelosi’s office was quick to dismiss the criticism.

My preferred stimulus was to spend under $400 billion and to temporarily suspend the employer portion of payroll taxes, so that American employees would go on sale. When people have jobs, then they are comfortable spending money. But Obama and Pelosi preferred to spend the money on mice. American workers or mice? Which one stimulates the economy?

Earlier this week I wrote about how well the first two stimulus bills worked, and how the Democrats would like to pass a third stimulus bill.

Raising taxes

Democrats also think that raising taxes on businesses and individuals will stimulate the economy. See, when the unemployment rate goes to 9.5%, and everyone has to pay more for electricity and gas, then Democrats believe that people will spend more.

Consider this article from Politico which lists some of the ideas they are considering. (H/T Michelle Malkin)

Excerpt:

— Broaden the 1.45-percent Medicare tax on earned income to “passive income,” which could include money from capital gains, rental properties and businesses that do not require direct participation. This could raise $100 billion.

— Levy a five-percent surtax on individuals who earn more than $500,000 and couples that make $1 million.

— Tax health benefits at a higher level than had been considered. Two scenarios are in play. Taxing plans worth more than $20,300 for a family and $8,300 for an individual could raise $240 billion. Increasing the cut-off to plans worth more than $25,000 would bring $90 billion.

— Capping the tax break on itemized deductions at 28 percent, as President Barack Obama had proposed, or freezing the top deduction rate at 35 percent when the Bush tax cuts expire in 2010. The first scenario would raise $168 billion, while the second would collect $90 billion.

— Issue tax credit bonds to pay for the proposed Medicaid expansion, raising $75 billion.

— Charge fees to pharmaceutical manufacturers, bringing in as much as $20 billion, and insurance providers, raising $75 billion.

– Raise taxes on sodas and sugary drinks. A 3-cent hike could pick up $30 billion, and a 10-cent hike could make $100 billion. This one already appears out of favor: Many senators have specifically ruled out the sugar tax, and a Senate Democratic source said it was the one option that was clearly not gaining traction with committee members.

Try to think about what effect this will have on the person who rents you your apartment, who supplies your employer with capital, or who pays your salary. Try to think about whether you will pay more or less for the goods and services you need when the people who provide them are attacked by the government. Try to think about what effect increased borrowing will have on the prosperity of your children.