Well, for the first time in 4 years Senate Democrats have a budget proposal, and from what I have seen they might as well have done what they did the last 4 years: nothing. This new monstrosity basically adds close to a trillion dollars in new taxes, a whole lot of
money they can steer to their constituency, lobbyists, friends, and advocacy groups stimulus spending, at the same time as it seems to add close to $10 trillion in new welfare spending (see graph below).
The Senate on Wednesday presented its first budget in four years, a proposal by leaders of the Democrat-controlled chamber that calls for nearly $1 trillion in tax increases but includes no strategy to make federal revenue match spending in the coming years.
The plan calls for $975 billion in new tax revenue through closing loopholes and ending deductions and credits benefiting corporations and the country’s highest wage earners.
It also calls for $100 billion in new stimulus spending while cutting $1.85 trillion from the deficit over 10 years. The rest of the savings would come through spending cuts.
Yeah, sure! All I see is a lot of new taxation – not limited to the evil rich but hitting everyone, but especially the middle class the hardest – followed by promises of cuts so far in the future that only douchebag liberals and their friends in the LSM take that crap seriously. And of course we get stimulus spending too. The people that swallowed up the close to $1 trillion of tax payer’s money our government pissed away four years ago, with the rest of us that were not part of that elite chosen few seeing nothing of that spent money, want more, and they will get it.
I also hear that they are counting on some $600 billion in savings from the Iraq and Afghan wars, which were scheduled to end in 2014 anyway. So If I decide to spend $3000 on new furniture for my place, then decide not to, I saved $3K? That’s the logic at work for these government types. What nonsense. Especially when I see a lot of new spending in that graph that follows after we are get these savings.
In case you are unable to do basic math, that’s a fuckton of new spending. A decade from now government will be spending $2 trillion more than it does now. Add up all that new spending over that decade and we are looking at more than $10 trillion. I don’t think we have any cuts there that matter if projected spending keeps going up, and the taxes are not going to be enough to make a dent in that number. I am sure the CBO accountants will find a way to pretend things work out in the future, even if not a single bit of the pretending/projecting since 2008 has come true. Looks like, at a minimum, we will be sitting on some $27 trillion of debt by 2023 if these fuckers get their way. They are likely getting their advice from this moron, which is why they feel this is not a big deal. Back to the article.
Senate Budget Committee Chairman Patty Murray said the budget takes a balanced, “pro-middle-class” approach and argued the country’s economic problems started long before fellow Democrats entered the White House in 2009.
Pro-middle-class? Sure, I can see how you would think this crap is pro-middle-class if you also think rape is just rough sex. The group most likely to suffer the hardest under these new tax changes are the members of the middle class. Look back for the last 4 years, then look at what’s coming, and the group getting hammered the worst is the middle class. Bar none. And that’s the direct consequence. Imagine the pain as our economy throws another seizure because of all the foreseen and unforeseen consequences of the socio-engineering attempts of the nanny staters? It’s not accidental that these progressives talking the talk about helping the poor have seen the largest increase of the welfare rolls during Obama’s tenure, while the rich have gotten richer. The middle class? They have been hammered. Wait until Obamacare kicks in and the pain really starts. And yet, the left keeps pretending they care about the middle class. Insulting. Really insulting.
“Despite some of the rhetoric you may hear from my Republican colleagues, the Great Recession didn’t start the day President Obama was elected,” said Murray, D-Wash.
No, it started with the oh so many socio-engineering and other gerrymandering efforts by the left, going back decades. Obama has only prolonged the pain, probably for at least the next decade, through the policies he and the left stuck us with in the last 4 years. Trillions we don’t have spent and nothing to show for it, with the law telling us even more trillions we do not have will need to be spent. But why let facts get in the way of a pipe dream, huh? Spend us into prosperity! Never mind $1 trillion in stimulus, spend $50 trillion. Then we will be the most prosperous country evah! Don’t worry about the debt. Krugababy said so.
Anyhoo, back to the article one more time. This is something everyone needs to be aware of:
The plan also calls for replacing the recent, $85 billion in spending cuts with more measured cuts.
That’s code for ending these cuts and replacing them with the promise of cuts sometime in the far, far away future. For those that have a problem with that math it means that they want to go back to spending that money and plan to never cut anything. Banana republic here we come! We are so doomed, and the number of freeloaders has put us over the tipping point.
Seriously, the Senate should have not proposed a budget at all. It would be less ridiculous and stupid than what they did. I pine for the bad days of the Boosh spending bonanza. I am even willing to give the left the Clinton tax rates if we get government spending what it was under Clinton. When government is spending close to $6 trillion in a decade, a 62% hike, will our GDP also be up 62%? Only idiots would pretend that’s gonna happen. So government is going to own close to 1/3 of our GDP in a decade. Our kids should hate us. We have murdered their future.