Sunday, May 27, 2012

President Blames Deficit on “Greedy Taxpayers”


Semi-News/Semi-Satire ^ | 26 May 2012 | John Semmens



Despite running up federal deficits at a faster pace than any previous president, Obama says he is not at fault. “Deficits aren’t the result of spending alone,” the President pointed out. “Deficits occur when there is a gap between spending and revenue. If you look at the trends for both you will see that it is the revenue line that has flattened while the spending line has remained pretty much on track with prior periods.”
Of course revenues aren’t keeping up because taxpayer earnings aren’t keeping up. Business profits are down. Employees have been thrown out of work. The base upon which the tax revenue stream is founded has shrunk. Nevertheless, Obama complained that “These people are selfishly focused on their own problems. They pressure their congressmen to oppose the tax increases that are necessary to cover government expenses. When deficits inevitably soar they take no responsibility for how their own greed has caused the problem.”
Vice-President Joe Biden echoed Obama’s thinking in a speech accusing the Tea Party of “thwarting President Obama’s plan to save the economy. We’re trying to get everyone to pitch-in to help us get out of the recession. But these Tea Party guys got voters worked up using the false notion that whatever they own is theirs by right. Well, in this country, it’s the government that determines who owns what. It is our view that the government must control all our resources in order to ensure that they are used effectively and efficiently. Reelecting the President is the only way we can guarantee that this happens.”
The president also got support from Senate Majority Leader Harry Reid (D-Nev), who said that “Americans must get used to paying higher taxes if they want the government to continue to serve them.” Reid denounced the idea that the government might already be taxing us too much as “extremism of the worst sort. It’s not the terrorists who pose the biggest threat. It’s those who would starve government of the resources it needs.”
if you missed any of this week's other semi-news posts you can find them at...
http://azconservative.org/2012/05/26/president-says-world-is-entering-new-golden-age/

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