The Rich Were Supposed To Pay Our Overdue Credit Card Bill
Andrew Malcolm blogs at IBD, "Remember Obama's tax hikes on the rich to pay debt? He's already spent every penny":
Well, guess what? That $50.4 billion spending bill for, among other things Hurricane Sandy aid, just ate up every single penny of that tax hike for this year, plus another $10 billion. That will go on the debt tab that the $40 billion in new taxes were supposed to start trimming slightly this fiscal year.
...The three governors of New Jersey, New York and Connecticut -- all Democrats, although Chris Christie used to feign conservatism -- issued a joint statement, also complaining about Washington legislators thinking twice about spending that much of China's money.
They did express appreciation for the charity and especially thanked their congressional delegations for their "tenacious efforts" to get the money for the populous Democrat Northeast to rebuild.
Now, everyone sympathizes with those impacted by Sandy's devastation. And a growing number also sympathize with the pathetic response of Obama's FEMA, although for some reason the media was quicker to pick up on FEMA's Katrina failures under President Bush.
These days, we're all tightening our belts. We eat at home (Gregg cooks for me) and watch great TV series instead of going out to eat all the time like we used to and going to the movies. Meanwhile, in Obamaland, where frugality is for the little people:
The nation's chief executive couldn't sacrifice and do a Virginia photo op today, symbolically saving the minimum $1.5 million his cross-country junket will cost?
"Washington just doesn't get the severity of our fiscal condition," the Heritage Foundation's Matt Mayer told the Washington Times.
Americans realize the financial hole these D.C. pols got us in scratching each other's backs. But when will anyone stop bemoaning that hole and start filling it in? Somebody's got to be first to sacrifice their "fair share."
Of course, that would take leadership, not photo ops.