How much better will your family be in the coming months with an additional income of $4 to $9 each week. I’m sure that for some Americans 9 bucks is very meaningful but to most Americans it will not significantly improve the quality of their lives. $4 to $9 per week is approximately what you can expect for your family’s share of the $750,000,000,000 (Billion. One billion is 100 million!) Stimulus Bill President Obama signed into law moments ago.
The American way of life throughout our history has been that each passing generation has left a more hopeful future, a future with more opportunity, for the coming generations. Today, we took the first of what is promised to be only the first step of assuring that our grandchildren and great grandchildren will pay dearly for our failures at the expense of their futures.
When any government spends money it doesn’t have on hand there are limited sources of obtaining funds. The first and most loved by liberals is tax hikes. That is not the answer today, not now. It will be the case, but not now, the timing is not right. The next option is to borrow the money and pay it back with interest. We have chosen the second option for the short term and some time down the road huge tax increases are as sure as death.
A small fraction of this bill will possibly create jobs. The overwhelming bulk of this unprecedented spending bill is an array of entitlement programs that have long been on the wish list of every Democrat. In fact this bill includes some only recently dreamed up that are astonishing. Today the tentacles of government have grown expediently and will start to tighten their grip on the American people squeezing out individualism, entrepreneurship, and self reliance in favor of dependency, socialism, and an entitlement society.
If this plan turns out to be good (as I’m sure all of its supporters and crafters sincerely hope) President Obama and Democrats in general are destined to be praised and reelected. But if it fails to achieve its lofty goals President Obama will be a one term President.
What should frighten every American is that by his own promise, President Obama has made it clear this bill is only the first of more to come. How much will prove to be too much? Only time will tell. My own sense is that we are sliding toward becoming a country akin to the European Socialist schemes that have been tried and have failed.
We have long been morally bankrupt, now we are moving at warp speed toward being owned by those who hold our national debt. “The debtor is slave to the lender” will sadly be more true than ever. I sincerely hope this boondoggle works, but I am not hopeful that it will.
For most of our 232 years as a nation the two party system has served us well. But when Republicans started to govern like liberal Democrats our nation took a nose dive and the control tower has not seemed to notice. Perhaps when whats left is smoke and ashes we will be shocked into reality. For that flight, reading the data from the black box is too late.