Barack Obama’s inauguration costs are huge…previous administrations have been criticized as being out of touch with the economic situation for spending fractions of what he’ll be spending, but it doesn’t matter, we can party because Barack is going to be president, right?
The truth is, they’re not out of touch. No one in the government wasting all of this money is out of touch. They’re just exploiting the system, spending our money, because they’ve realized they can constantly swipe more of it. Which is why, in these troubled economic times, there is one industry that is booming, and they lead the country in the richest counties, despite not producing anything.
It seems so obvious that this is exactly backwards from how any society should work…and yet, somehow at least half the country misses this. I wonder how far things will have to get, how much failure we’ll see the system go through before the electorate actually pays enough attention to fix these problems. If my current state of Massachusetts is any indicator (or California or New York) things can still get quite a bit worse…
American taxpayers are the biggest suckers in the world. Wait until the Democrats suck up the rest of your savings with their confiscatory taxes, when the takers far out-number the givers, then they will start confiscating private property[which has already begun] and at that time the riots in the streets will begin and all that will be left is complete tyranny.
I suppose you’re already familiar with the fact that 40% of the population doesn’t pay taxes. When it gets more than 50% the Democrats will be able to say about any reasonable legislation put forward to fix the tax code that Republicans want to make more people pay taxes, which will be a major political statement that they can just run on forever. And then, as has been happening for years, more and more of our wealthy will withdraw or reduce their profile in our tax system, and our government’s money will just drain away..