Time to get tea'd off
Alexander Powell | Opinion Editor
Last Updated:4/22/09 Section: Opinion
On Saturday April 11, the College of William and Mary hosted its first conservative rally since 2003. It has been a while since the College has welcomed conservatives or that conservatives have been angry enough to demonstrate. What has gotten them fired up? Well, taxes and government spending. The biggest complaint conservatives seem to have is, "If we as individual citizens and the private sector have to make cuts in this economy, why does the government keep expanding?"
It seems like a fair question. The $3.5 trillion budget proposed by Obama is by far the largest in history; for this year alone, Mr. Obama has raised the deficit to a whopping $1.75 trillion. To put this into perspective, the total cost of the Iraq War has been $660 billion. Of this new budget, some $630 billion is being used toward health care; while this money might seem like a lot, according to White House Director of the Budget it is "just a down payment." Essentially what he is saying is that he has no clue how much these new health care projects are going to cost, but this new $630 billion is just the tip of the iceberg. This is just one of the many new programs for which Mr. Obama is raising over $1 trillion in new taxes on both citizens and private businesses.
The most infuriating part of this new budget is the intellectually dishonest way in which Mr. Obama has rammed it down our throats. Obama has used the warped logic that the economic collapse was due in part to our failure to address healthcare, public school, and energy concerns and that funding these now will make up for our past political sins and fix the economic crisis. This idea is a total fallacy, and this increase in taxes only slows economic recovery. At the core of the collapse is the housing market bubble and failure of banks. Saying market crashes, lending freezes, and increased unemployment can be fixed by universal heath care and cap-and-trade must be one of the largest non sequitur committed by a president in the past century.
It seems like a fair question. The $3.5 trillion budget proposed by Obama is by far the largest in history; for this year alone, Mr. Obama has raised the deficit to a whopping $1.75 trillion. To put this into perspective, the total cost of the Iraq War has been $660 billion. Of this new budget, some $630 billion is being used toward health care; while this money might seem like a lot, according to White House Director of the Budget it is "just a down payment." Essentially what he is saying is that he has no clue how much these new health care projects are going to cost, but this new $630 billion is just the tip of the iceberg. This is just one of the many new programs for which Mr. Obama is raising over $1 trillion in new taxes on both citizens and private businesses.
The most infuriating part of this new budget is the intellectually dishonest way in which Mr. Obama has rammed it down our throats. Obama has used the warped logic that the economic collapse was due in part to our failure to address healthcare, public school, and energy concerns and that funding these now will make up for our past political sins and fix the economic crisis. This idea is a total fallacy, and this increase in taxes only slows economic recovery. At the core of the collapse is the housing market bubble and failure of banks. Saying market crashes, lending freezes, and increased unemployment can be fixed by universal heath care and cap-and-trade must be one of the largest non sequitur committed by a president in the past century.
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