The President's Novel Idea

President Obama has a unique plan to handle the financial crisis, but it will only work if Republicans will get off of their high horses and embrace it. For every $1 in tax revenue (a.k.a. "increases"), there will be $2 in spending cuts. Novel! And it will work! The solution to the growing debt has been found. President Obama has shown his incredible, breathtaking intellect at work.

Not so quite. Here is what I want to tell Republicans (and fiscally-minded Democrats - and I know you are out there!):

Ronald Reagan was offered the same plan. He found that the only way to get significant spending cuts would be to accept this and raise taxes.

George H.W. Bush was offered the same plan. Mr. "read my lips: no new taxes" embraced this plan as the only way to get significant spending cuts.

How did that work out? They both accepted tax increases (hurting Reagan's reputation of limited government and literally eliminating Bush's chances for re-election). The promised spending cuts? NEVER HAPPENED. And what did you get? The Democrats trumpeting how the non-tax-increase Republicans LIED and increased taxes when election time came around. They don't care about the debt: they only care about getting votes (and unfortunately, so do you Republicans.) The ruse? "Compromise." In order for the media to show that you are willing to compromise, you need to accept what the Democrats are dishing out. If you don't, you are obstructionists to progress.

If I were you, I would demand to see those cuts put into action FIRST, and THEN allow the tax increase. You know, "show me the cuts, and then I'll show you the money".

Hurt me once, shame on you. Hurt me twice, shame on me. Hurt me three times??

© Emittravel 2012