President Obama’s Saturday radio address was almost mystifying in its arrogance and hypocrisy. His own words underscore the need for the Read the Bills Act.
President Obama’s Saturday radio address claims that because a “clear majority” in the Senate favors the latest slapped-together healthcare bill, that the opposition should just give up. http://tinyurl.com/ybnyoly
Should Congress ignore the will of the people? If the people are split on a bill that will reduce their liberties and transform the economy, is it wise for you to blindly move forward on a 2,000 page bill you won’t actually read?
Obama goes further to say that anyone who criticizes insurance regulations “simply hasn’t read the bills.”
In the continually harsh public discourse over the President’s proposals for federally-managed healthcare, the Big Government progressives in both the Democratic and the Republican parties have been trying to trick us. These folks, who really want the government to care for us from cradle to grave, have been promoting the idea that health care is a right. In promoting that false premise, they have succeeded in moving the debate from WHETHER the feds should micro-manage health care to HOW the feds should micro-manage health care. This is a false premise, and we should reject it. Health care is not a right; it is a good, like food, like shelter, and like clothing.
What is a right? A right is a gift from God that extends from our humanity. Thinkers from St. Thomas Aquinas, to Thomas Jefferson, to the Rev. Dr. Martin Luther King, Jr., to Pope John Paul II have all argued that our rights are a natural part of our humanity.
Congressional leaders were planning on raising the national debt limit by a whopping $1.8 trillion.
Luckily, the end-of-year legislative logjam has prevented them from doing so. They are likely to pass a short-term increase to keep the government running for a few months.
But after the New Year, Congress will be back with a spending agenda which, if not stopped, will raise the national debt so that it will soon be the size of the U.S. Gross Domestic Product!
Ron Paul appeared on Cavuto yesterday discussing Ben Bernanke and his selection as the ‘man of the year’ by Time magazine. It appears that Time magazine loves the idea of destroying the money supply and looting the general public through debasing the currency. How butch of them…
Probably one of the greatest misconceptions that is pitched to the public by those in power is that Government can somehow create jobs or lower the unemployment rate. Government cannot create jobs, because it does not create wealth. It can only transfer wealth from the private sector (individuals/corporations) to government, thus consuming it – not creating it. In this process it does not create a job, but instead transfers wealth that would be used to create productive employment and more potential wealth.
First: Let’s clear up a misconception: Government does not create jobs because it does not create wealth. Government is a consumer of wealth, not a producer.
As my colleague and noted economist Thomas Sowell writes: “What does it take to create a job? It takes wealth to pay someone who is hired, not to mention additional wealth to buy the material that person will use. But government creates no wealth. Ignoring that plain and simple fact enables politicians to claim to be able to do all sorts of miraculous things that they cannot do in fact. Without creating wealth, how can they create jobs? By taking wealth from others, whether through taxation, selling bonds or imposing mandates. However it is done, transferring wealth is not creating wealth. When government uses transferred wealth to hire people, it is essentially transferring jobs from the private sector, not adding to the net number of jobs in the economy.”
As Heritage Foundation’s Conn Carroll notes, “every dollar Congress ‘injects’ into the economy must first be taxed or borrowed out of the economy.”
And, to add insult to injury, government is an extremely inefficient consumer of wealth, with up to 70 percent of income-transfer program (a.k.a., welfare program) budgets going to bureaucratic overhead.