Saturday, January 24, 2009

Obama's Trojan Horse

trojan_horseIn a recent editorial, Dick Morris, states:

Now that Obama is the president, fasten your seat belts...We will enter his Administration as the United States, buoyed by an aggressive free market economy. We will exit his first year - and even the first hundred days - as France, burdened with massive government regulation, a vast public sector, and permanent middle class entitlements...

The most pernicious of his proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to “refund” taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population. Unlike the Bush stimulus checks, this new program will be a permanent entitlement, a part of our budget that can only go up and never down. Politically, it will transform a majority of Americans from taxpayers, anxious to hold down government spending, into tax eaters, eager to reap new benefits.

You can read the entire post here.

Just what we wanted/needed. More sponges sitting on their butts with their hands out to recieve their "entitlements"...paid for by those of us that will continue to work and give even more of our hard earned dollars to a government that apparently doesn't know the true meaning of the word "budget."

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