Bill Wilson – www.dailyjot.com
Listening to and reading about the Fiscal Cliff debate, one would think that the Republicans want to raise taxes on the middle class and the Democrats want to cut government spending. What? Really? Well, the occupant of the Oval Office says that unless the Republicans pass his plan to avert the so-called Fiscal Cliff, there will be a massive tax increase go into effect. That’s partly true. The Republicans are saying that if they cave in and accept the president’s plan that there will be a major tax increase. That’s partly true. Neither side wants to recognize that there is another option–drastically cut government spending and the size of government. Truth is, you are being played by both sides as if you are the middle.
So how much do you want to be played? The Republicans are holding as a bargaining chip over the Democrats’ heads a massive tax increase on the middle class that is scheduled to go into effect when the Bush tax cuts expire in January. The Democrats are saying that the Republicans actually want these tax increases to go into effect, and are using the tax increases as leverage to get the Republicans to vote for higher tax rates on the “wealthy” with only negligible cuts in government spending. Republican leadership is mostly going along with the Democrat’s idea that there needs to be a tax increase, with small spending cuts. Both parties are willing to vote to raise the debt limit on government borrowing.
So how much do you want to be played? Right now the government is borrowing 46 cents on every dollar it spends. The government is borrowing $4.8 billion per day. America has a $16.3 trillion debt–that’s getting close to $52,000 for every citizen. The so-called Fiscal Cliff is the date that the government cannot borrow any more debt unless Congress passes a law saying the government can borrow more money. Both parties are willing to raise the debt ceiling so we all don’t go off the Fiscal Cliff, but they want to extract their political “wins” from each other in doing so. In other words, they are playing a game of political politics and you are going to have to pay the bill no matter what happens.
The straw that broke the camel’s back in 1776 was what amounted to a two cent tax on a bag of tea. Our forefathers declared independence and went to war with the most powerful military in the world. They set up a Constitution that limited the government’s powers by actually naming them, and requiring by law that people be elected that the nation be governed by the consent of the people. The Founders did not want a government that took the enterprise of its citizens as did the kings in the European systems. The Aramaic Bible quotes Yeshua (Jesus) in John 10:13, “But a hired man runs because he is a hired man, and cares not about the flock, and a wolf comes snatching at and scattering the flock.” In our case, the hireling and the wolf are one of the same. How much do you want to be played?
Categories: ECONOMY, END TIMES, OP-ED
Tags: Bill Wilson, Democrat, Democratic Party (United States), Fiscal cliff, Jesus, John Boehner, Oval Office, Republican
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