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OBAMA: Spending strategy making things worse

Letter by Don Wilbur, University Place on Sep. 17, 2010 at 10:59 am with 41 Comments »
September 17, 2010 10:59 am

I’m a grandfather who is distressed with President Obama’s changes. A change that many Democrats suggest will lower our standard of living in order to make a “better America.”

A better America? My base income is the near-broke Social Security, which is supplemented by a modest investment portfolio. The investment income is nearly nonexistent because of interest rates being near zero and the troubled stock market.

My house value is deteriorating, and my cars are almost worn out. My children’s employment is shaky. Plus, all levels of government are continually raising taxes and fees. It is obvious my health care is in jeopardy; not even Nancy Pelosi knows what is in Obamacare.

Obama’s solution is to spend the country into prosperity, but the monies largely go to political payoffs, politically correct projects and to bail out our near-broke states while the private sector that creates the county’s wealth and the only productive jobs are denigrated, regulated and taxed heavy.

Now with the excessive government spending and a harassed private sector, the country is almost broke. If Obama stays the course, Americans must adjust their standard of living down to meet the Democrats’ agenda.

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Leave a comment Comments → 41
  1. iamjimbo says:

    Q: What was the most positive result of the “Cash for Clunkers” program?

    A: It took 95% of the Obama bumper stickers off the road.

    –David Letterman

  2. I couldn’t agree more Don. The only people supporting Obama are those who are looking to get something for nothing. Typical demokrats. Jimbo, I still see an occasinal Obama sticker on a car. Usually it’s a stringy-haired, thin-lipped liberal at the wheel.

  3. Sumner401 says:

    Don, you know who you have to blame for all those things and it isn’t the Democrats or President Obama.
    It’s the conservatives, and the facts show it.

  4. ELPolloLoco says:

    I stopped counting the blatant misrepresentations (read LIES) at 6. Get over yourself, you sour-grape Republican.

  5. Mr. Wilbur:

    Our economy was tanking like never before in late 2008, and your real estate values had already declined, along with your stock portfolio. You should be thankful that your portfolio is well up over 60% from the lows of this recession, and that the economy has turned around as much as it has, considering the dire situation that had been developing for many years, and then erupted in 2008.

    Intelligent people, businesses, and governments alike, rely on savings accrued in prosperous times to get through the tough times. Where were those savings in early 2009 that should have been in our account to meet the recession? That savings had been spent in Iraq, and in Afghanistan, and in Viet Nam, and for tax cuts for the rich, and a medicare drug bill that lobbyists altered to benefit corporations, rather than the people it was originally intended to help.

    What a bunch of political claptrap to say that the private sector is being denigrated, harrassed and taxed heavy because of Obama.

  6. iamjimbo says:

    … I’m thinking there are alot more democrat sourgrapes… we were promised “change”, but what we got was change from bad to worse… what’s left?

    Hope? LOL… Here’s hoping we can stop this train wreck administratin before it’s too late.

  7. the3rdpigshouse says:

    Wake up citizens – correct your past errors in judgement!! “OH-Bummer” is an avid marxist/socialist anti-American maggott who needs to be removed from the presidency as soon as possible!!!

  8. Good news: the Stimuls created 55 jobs in the City of Los Angeles

    Bad News: they cost $2 million apiece.

    Yeah, it’s the Conservatives fault.

    http://www.ibtimes.com/articles/63228/20100917/american-recovery-and-reinvestment-act-arra-los

  9. mmrussell67 says:

    Have you Heard: McDonalds is now releasing it’s Obama menu? You order anything you want up front and the guy behind you has to pay for it. A flawed and failed stimulus, Obama’s inexperience & bad ideas and the democrats in congress in control of our tax & spending since 2006 is to blame and the facts show it.

  10. Come on November!

  11. madmike272 says:

    Ah yes, the daily claptrap from our minister of leftist propaganda, sumner. We would like to thank you and your associate, crazy chicken for providing us with genuine leftist jibberish!

  12. “Jimbo, I still see an occasinal Obama sticker on a car. Usually it’s a stringy-haired, thin-lipped liberal at the wheel.”

    While motoring, please focus your attention on the task at hand and concern yourself with the length of another man’s hair and the thickness of his lips on your leisure time.

  13. aislander says:

    There is NO doubt that if government had stayed within its constitutional boundaries, we would not be in this shape. Our government was designed to let adults take care of themselves and for private charity to take care of those who cannot do so (not those who choose not to). We took a wrong turn starting with the first Roosevelt, and we’re heading straight for the iceberg with throttles buried. We have ONE chance to start changing course, so that our descendants will know freedom and opportunity, and that chance is the first Tuesday in November…

  14. Sumner401 says:

    Wake up citizens – correct your past errors in judgement!!

    We already did, in 2006 and again in 2008

  15. Sumner401 says:

    aislander, what is your sacred party going to change? What are they going to do this time that isn’t more of what got us where we are today?
    The growing of Govt belongs to your party
    the debt belongs to your party
    wars, at least the ones we lose, belong to your party
    so just how do you think your party, guilty of ruining the nation, is going to change things?

  16. “I’m a grandfather”

    Congratulations but….what does that have to do with the price of tea in China?

  17. truthbusterguy says:

    There is one group working overtime as a result of the Obama spending stratgy.

    The printers that print our money. There marching orders from Obama, “don’t you dare stop the presses”!!!

  18. geeterpontiac says:

    “beerBoy says: ”
    September 17, 2010 at 5:33 pm
    “I’m a grandfather”

    “Congratulations but….what does that have to do with the price of tea in China?”

    I think he was just pointing out he had a bit of real life experience and has probably seen good and bad times.

    And, of course, in the past, experience sometimes meant something. :)

  19. gp – my father is a great-grandfather, does that mean his views are more valid than Mr. Wibur’s?

    ‘Cuz, my dad is a dyed in the wool New Deal Democrat (somehow seeing his folk’s farm saved by FDR’s programs nudged him in that direction)

  20. And…..Mr. Wibur states that his base income is Social Security (government program started by FDR) and his supplemental income from investments (private sector) has dwindled to nothing.

    Seems to me, without those nasty “socialist” entitlement programs Mr. Wilbur would truly be in a bad strait.

  21. And…..after the TARP and the Stimulus the Dow has climbed out of its low of 6547 to regularly be in the 10 thousands. Not back to the speculative housing bubble peak of 14164 but better….

    (this is not to be seen as support of the TARP. I feel strongly that giving no strings attached monies to the people who caused the crisis so that they could give themselves million dollar bonuses was completely obscene)

  22. iamjimbo says:

    Q: What does Barack Obama call lunch with a convicted felon?

    A: A fund raiser.

    — Jay Leno

  23. hansgruber says:

    Government spending increased over 23% under President Obama

    National Debt increased over 26% under President Obama

  24. geeterpontiac says:

    beerBoy says:
    “September 18, 2010 at 8:43 am ”
    “gp – my father is a great-grandfather, does that mean his views are more valid than Mr. Wibur’s?”

    “‘Cuz, my dad is a dyed in the wool New Deal Democrat (somehow seeing his folk’s farm saved by FDR’s programs nudged him in that direction)””

    And, that is his experience and it influenced his opinion. There is nothing wrong with that. He can speak positively about what the New Deal did for him. He is a source of information based upon his experiences. Others experiences were not so positive.

    The point is, experience is often a good teacher. I am confident that your life experiences have taught you things that enable you to handle and evaluate situations and issues in a more mature manner. I know mine have helped me.

    That doesn’t mean we aren’t sometimes wrong, but it does mean we have learned some things along the way that probably keep us from being fooled at times.

  25. Sumner401 says:

    75% and rising of our debt is due to republican spending.

  26. Sumner401 says:

    The point is, experience is often a good teacher.

    I agree with that, which is why I have to keep asking what these ‘vote them all out’ nutbags think they will accomplish if they actually did vote them all out.

  27. aislander says:

    Substantiate the 75% figure, sum. We know Obama and the Dems have quadrupled the deficit since Jan. 2009, and the Dems have had control of spending since Jan. 2007, and we know that entitlements, which were progressive initiatives are the largest component of the budget, by far, so how, exactly, are conservatives responsible for 75% (And rising! That’s hard to figure since the Republicans have been out of power. Any debt that’s rising is, at this point, wholly owned by the progressives…) of the debt?

  28. hansgruber says:

    Funny how Sumner thinks its all GOP spending

    42 cents of every dollar spent this year is BORROWED. Dem President with a DEM controlled Congress makes Sumner thinks its GOP spending.

    This is Sumner logic: The DEM’s are spending and borrowing today BECAUSE of Bush 43 policies (Including the last 2 years of the Bush 43 era which saw spending and borrowing explode under DEM controlled Congress).

    I find it ironic that today’s President, Vice President and SOS all voted for these huge spend & borrow budgets under Bush 43 when they were members of the US Senate.

    Remember that “We inherited a $1.3 trillion dollar deficit when we walked through the front door” statement that President Obama came up with? Well, he, VP Biden & SOS Clinton all voted for it as US Senators.

  29. iamjimbo says:

    The simple fact is after the democrats took the house and senate in ’06 our economy tanked… next.

  30. Roncella says:

    Don I couldn’t agree more with your letter. Look out for all the attacks from Liberal Democrats, they will scream like little babies after reading your comments.

  31. the3rdpigshouse says:

    Don – maybe you shgould get out and find a job?! Your whining is starting to sound like the other non-contributing anti-American leftists on this site!!

  32. hans – ummmm…. you forgetting all that Bush rhetoric about needing to pass the TARP because the economy had tanked?

  33. mmrussel, I had to laugh about the McDonald’s Obama menu, that’s a good one. I actually went to McDonalds and tried it, but the guy behind me couldn’t afford to pay for mine, so they had the kid who was working th counter pay for us.

  34. beerboy, it wasn’t Roosevelt who saved your grand dad’s farm, it was his fellow American’s tax dollars. Why can’t liberals understand a simple concept like, ” you work and pay your taxes, I take and give to some one else”?

  35. the3rdpigshouse says:

    I guess Lisa Murkowski missed the point of the mid-term elections?! The object is to get the socialist democrats out of the Congress, not to divide & conquer thereby electing the democrat!!!

  36. 3PH – it worked for Joe Lieberman……

  37. Sumner401 says:

    Funny how Sumner thinks its all GOP spending

    Not all of it, just 75-80%.
    We’ve been over this hans, and you came up short, why are you still making statements you know to be false?

    And one of those is Obama has “quadrupled” the deficit. He has done no such thing.

  38. Sumner401 says:

    aislander, economics is not something you understand, clearly.

  39. LuckyCharm says:

    At the beginning of Jan ’09, the CBO projected a FY 2009 (Oct ’08-Sep ’09) budget deficit of $1.2 trillion. Obama increased that by only 14%, mostly with the stimulus package.

    One reason the figures are deceptive is that the Obama administration is finally using honest accounting practices, and figuring the war costs into the federal budget. Bush funded his wars mainly through “emergency supplementals,” which are not considered in budget projections.

  40. the3rdpigshouse says:

    How about we remind the folks that none of our Presidents pass budgets or expend tax monies – that would be the U.S. Congress!!

  41. Sumner401 says:

    One reason the figures are deceptive is that the Obama administration is finally using honest accounting practices, and figuring the war costs into the federal budget. Bush funded his wars mainly through “emergency supplementals,” which are not considered in budget projections.

    Honesty and truth are things the right do not respect or understand.

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