Yep. I voted for Obama. I was convinced that because he was well educated and considered to be exceptionally bright we would be well served. I was convinced that because he speaks so eloquently he'd be able to explain things to the likes of me and so would his appointees.
Well. Forget Treasury Secretary Tim Geitner. His first appearance on the public stage was less than impressive. Not only was it disappointing after having Obama tell us his news conference was going to be great, his lack of explanation about anything was frightening.
Then there is the man himself. Obama. A multi-billion dollar "stimulus" bill has just been passed with more spending than stimulating. States and cities are beginning to get realistic in balking. They realize that once the federal money goes away the new programs will become unsustainable unless taxes are raised to cover them. Being politicians, they are savvy enough to realize it can be a re-election killer. The same goes for the banks who don't want the money because they don't want the Feds involved. The same goes for the auto industry. At least Ford. No one with an ounce of sense wants politicians anywhere near their businesses.
Now Obama is telling us he is going to cut this deficit by two thirds by the end of his first term. How? By raising taxes on businesses and the wealthy and cutting spending on the wars in Iraq and Afghanistan.
Math is not my strong suit but I'm not too bad at logic. No matter how much you raise taxes on businesses, it boils down to one thing. The consumer, you and I, pay it via pass throughs. Taxing the wealthy? How many times has "wealthy" been redefined? Cutting spending in Iraq and Afghanistan? We're not out of Iraq yet and there is no solid strategy as to exactly how or exactly when of which I am aware. An additional 17,000 troops have just been allocated to Afghanistan with the generals saying it will not be enough in the long run. What's going to be cut? Equipment? Again? I don't think so!
Okay. Maybe there are plans in the making yet to be made public. I certainly am not privy to all that goes on behind the scenes. I can only form an opinion from the information given. When I'm told, with great fanfare, that the average family is going to see an extra $67 in their paycheck beginning in April, I'm always glad I haven't a mouth full of coffee.
What the heck does $67 buy these days? Certainly not groceries for a family of two what's more a family of four or larger! If this is the "stimulus" to encourage we tax payers to go out and spend, spend, spend, they've got to be kidding! Someone is smoking something funny. It isn't me. I don't even smoke legal stuff. Forgetting the health issues, I flat out can't afford it!