Watching President Obama address the joint session of Congress and the American People made me proud. For the first time in years, we have a president who is intelligent, articulate and focused on the needs of the people. He is exactly the transformational president I voted for last November. I feel more safe now than ever. We are in good hands.
I’m so sorry that Bobby Jindal came out swinging, giving the entire Republican Party one big black eye. He had the nerve to blame the government for its poor response to Katrina, the Republican government! He concludes that government [under his own party] was broken, so let’s not try to fix it?
Don’t worry, Barack Obama is in charge, and he will fix this government.
Why has this bill become so polarizing? Because the republicans want more tax cuts and less spending. But tax cuts are fiscally irresponsible. There is so much history and evidence that demonstrates what tax cuts really to do the economy: anywhere from not much to nothing. When taxes are cut, the per person benefit comes to several hundreds dollars per year at the most. So how does that stimulate the economy for future growth? It doesn’t. In fact, it reduces the revenue of this country so much that the economy suffers and jobs are lost. What good is a tax cut to the unemployed? No good.
On July 25, 2006, the Treasury Department released a study entitled “A Dynamic Analysis of Permanent Extension of the President’s Tax Relief.” It sighted that tax cuts, contrary to popular belief, do not have the ability to stimulate growth or create jobs. It states the contrary, that if the tax cuts at issue in 2006 were to remain permanent, the rate of investment would be lowered and eventual job loss would ensue.
In September, 2006, a non-partisan Congressional Research Service stated that “at the current time, as the stimulus effects have faded and the effect of added debt has grown, the 2001-2004 tax cuts are probably costing more than their estimated revenue cost.”
So why do republicans want them? Maybe just out of habit. And it sounds simple, easy, and it makes their constituents feel good. Don’t you think it is time that republicans look into the true affects of tax cuts? There is just too much at stake.
The Senate is voting tonight, but only on an amendment that could have paved the way for President Obama’s Stimulus Package to go through. It would appear that the no votes on the amendment are coming from the moderate and more liberal democrats. I am deeply perplexed that we cannot get this package through for Obama. Do these Senators understand what they are doing by standing in the way of this crucial legislation? Can they possibly understand this bill as well as the man to whom we gave our trust when we voted for Barack Obama? Have these senators been a part of the detailed meetings and discussions which developed the bill? No! If we don’t get this bill through, America is in big trouble.
I am beginning to wonder if the Republicans are not really listening to Rush Limbaugh when he expressed his hope that Barack Obama will fail. They had better not be playing politics with our American lives!