Foodstamps surge, and government fails to report that fact until after the election.
A 2004 speech by Jonah Goldberg reminds us of the second biggest tax and spend president in history - at that time - until Obama came along and took the top spot: Bush the Younger. I bet Bush, the guy who gave us Obama, became second before he left office.
Peter Schiff on the misnamed fiscal cliff.
"Stripped of its rhetorically charged language the fiscal cliff is simply a legal trigger that will trim the deficit in 2013 by automatically implementing spending cuts and tax increases. In other words, the government will spend less, and more of what it does spend will be paid for with taxes rather than debt. Isn't this exactly what both parties, and the public, more or less want? The fiscal cliff means that the federal budget deficit will be immediately cut in half, shrinking to approximately $641 billion in 2013 from the approximately $1.1 trillion in 2012. What is so terrible about that? I would argue that there is a greater danger in avoiding the cliff than driving over it. "Nobody likes higher taxes, but cutting spending and the deficit is a good thing.
"It is amazing that members of Congress can keep a straight face as they claim to want to address our long-term deficit problem while simultaneously working to avoid any substantive action. No doubt an agreement will be reached that will replace the looming fiscal cliff with another one farther down the road (which they can easily dismantle before we actually reach the precipice). Will the rating agencies buy this bill of goods a second time? If we lack the political courage to go over this fiscal cliff, why should anyone think we will be able to stomach going over the next one? Especially since each time we delay going over the cliff, we simply increase its future size, making it that much harder to actually go over it."It's not so amazing when you realize they are all sociopaths.
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