“That Giant Sucking Sound”

By Guest Blogger Dave Carter (Currently working as a long haul truck driver, Dave is also a contributing writer at Ricochet.com.)

“What is the difference between a taxidermist and a tax collector? The taxidermist takes only your skin.” Thus did Mark Twain succinctly describe the voracious appetite of government. But if there is an odious feature that Twain perhaps missed, Barack Obama has more than compensated, according to the Congressional Budget Office.

The CBO reports that the amount of money that the federal government will suck out of the private sector will increase by more than 30 percent between now and 2014. Why, you ask? “Mostly because of the recent or scheduled expirations of tax provisions, such as those that lower income tax rates and limit the reach of the alternative minimum tax (AMT), and the imposition of new taxes, fees, and penalties that are scheduled to go into effect.” That last phrase is likely a euphemistic description of Obamacare.

The result? The CBO expects the economy to perform, “below its potential,” for the next six years, with the unemployment rate hovering above 7 percent. The question, bandied about recently is whether Obama is catastrophically misguided, or whether he is intentionally pushing the economy over a cliff. The CBO sees the cliff. Obama sees the CBO. Perhaps this “fundamental transformation” is coming into focus for all to see?

#1 January 31, 2012 at 9:16 pm
Dave in Dallas commented:

A managed orderly decline of America, as Soros put it.
#3 January 31, 2012 at 9:22 pm
Locutisprime commented:

Amen to that…
#4 January 31, 2012 at 9:22 pm
Highlander commented:

I’ve been asking myself that very question for several years now. I think we all know the answer. The real question is, when will we finally get up the nerve to do something about it?
#5 January 31, 2012 at 9:22 pm
Liberals SUCK commented:

re: “The question, bandied about recently is whether Obama is catastrophically misguided, or whether he is intentionally pushing the economy over a cliff. ”

Oh, by all means Obama has jumped out of the drivers seat and is pushing for all he’s worth to get the economy over the cliff.

The only difference between Obama and the John McShame’s and the Newt Mitty’s of the Republican party is that the GOP still thinks it’s possible to be in the drivers seat as they steer this rattle-trap of an economy into the pit of insolvency. The same direction, just a different flavor of liberal elite in charge.
#6 January 31, 2012 at 9:33 pm
Marmo commented:

Vote (R) down the line. We must control Congress. We must control the presidency.

Opting out of voting is a vote for Obama. Vote (R) or be an Obama supporter. Those are the options.
#7 January 31, 2012 at 9:39 pm
Liberals SUCK commented:

A very pertinent video:

http://sclipo.com/videos/view/kang-and-kodos
#8 January 31, 2012 at 9:50 pm
Taqiyyotomist commented:

#8 Plato

And yet, under Reagan, my father could provide for 2 kids and a wife, pay a mortgage and bills, with a $9/hr factory job 20 miles away.

Go figure. Try that now. If you can find a factory.
#9 January 31, 2012 at 9:53 pm
bg commented:

++

“you ain’t seen nothin’ yet!” ~ B Hussein O

“we have to pass the health care bill so that
you can find out what is in it+ ~ Nazi Piglosi

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#10 January 31, 2012 at 9:58 pm
Opus#6@AmericanPerspective commented:

President Downgrade can’t wait to graduate to President Failure.

He wants us all to fail and end up on food stamps.
#11 January 31, 2012 at 10:06 pm
dunce commented:

The main plank in the democrats platform has always been tax and spend. they have figured out a way to reverse that procedure and make sure that taxes stay high even if they are removed in the subsequent election. All debts must eventually be paid so by wildly spending first by incurring giant debt the next administration must either stiff all the creditors by printing money or raise taxes to at least pay the interest or cut spending, giving the democrats a campaign issue that the republicans are balancing the budget on the backs of the poor and old people(pushing grandma over the cliff for those with short memories). The only way to stop this cycle is to close our borders so the democrats do not get regular resupplies of socialists legal and illegal. These people do not share our history or values and come here to get on the gravy train.
#12 January 31, 2012 at 10:11 pm
LWGII commented:

I hope no one is surprised. This is exactly what Zippy was referring to when he spoke of “fundamentally transforming America.” He is intent on destroying this country, and regrettably doing so at breakneck speed. I am sorry to say I have no respect for anyone who voted for him. Those people are simply moochers, hopelessly naive or stupid.
#13 January 31, 2012 at 10:12 pm
Blacque Jacques Shellacque commented:

The CBO expects the economy to perform, “below its potential,” for the next six years, with the unemployment rate hovering above 7 percent.

Given the CBO’s lousy record so far with projections, I expect another recession to occur sometime within those next six years and the unemployment rate to shoot back up to 9% or higher in the same time frame.
#14 January 31, 2012 at 10:13 pm
bg commented:

++

Liberals SUCK #7 January 31, 2012 at 9:39 pm

thanks..

that was the first (and more than likely the last) episode of the
Simpsons i have ever watched.. too bad it was a sad testament
(even more-so today than yesteryear) to the reality we face..

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#15 January 31, 2012 at 10:15 pm
bg commented:

++

Plato #8 January 31, 2012 at 9:46 pm

uhm, you mean the Bush tax cuts, no??

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#16 January 31, 2012 at 10:22 pm
bg commented:

++

re: #16 January 31, 2012 at 10:15 pm bg

just a sample:

November 21, 2011

Obama, GOP prepare new battle over Bush tax cuts

November 20,, 2011

Supercommittee’s failure pushes Bush
tax cuts to forefront of 2012 campaign

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#17 January 31, 2012 at 10:31 pm
Sasja commented:

OT

From “American Thinker”

No summary is needed. Y’all can read.

http://www.americanthinker.com/2012/01/our_elective_despotism.html
#18 January 31, 2012 at 11:55 pm
Molon Labe commented:

#8

Reagan lowered taxes. Obama has increased them and continues to do so. He has stoked the fires of inflation which is a hidden form of taxation, something Reagan reduced. In fact the famous discomfort level is probably higher than Carters time with unemployment at 16% and inflation at about 5%. Oh and government numbers are sooooo bogus its unreal.

By the way Plato, to make the statement you did is either to intend to decieve or to just demonstrate a remarkable ignorance. Which is it?
#21 February 1, 2012 at 5:10 am
Lightwave commented:

“The real question is, when will we finally get up the nerve to do something about it?”

We have done nothing so far. The Florida primary has proven that. We will continue to do nothing until the pain is great enough that we will act.

By then it will be far too late. We’re running out of time to save our country from economic collapse. CBO forecasts another $8 trillion in debt over the next 10 years, meaning the reality is that our national debt will double.

We will not survive that in any recognizable form. We refuse to elect people who could fix the problem. At this point the preparations for surviving the collapse and rebuilding have to be our top priority.
#22 February 1, 2012 at 5:12 am
Greg commented:

The price of gasoline will reach 4.25 by June starting the next round of recessionary pain. Sufficient refinery’s are being shut down to ensure that will happen. Stagflation continues. The reimplementation of the expiring tax cuts will occur to keep the economy from tanking. Without reduction in the cost of govt and freedom for capitalism the deficits are idiotic absurd and otherwise harmful. The Republican landslide must promote Taxed enough already and truth in political discourse. We are not there yet
#23 February 1, 2012 at 8:29 am
Earl P. Holt III commented:

I don’t know how anyone could still be equivocating over the question of whether Obama’s destruction of the U.S. economy was intentional or not.

His mother was a communist, his nominal father (Barack Obama Sr.) was a socialist, and his biological father (Frank Marshall Davis) was a communist.
#24 February 1, 2012 at 7:08 pm
bg commented:

++

Earl P. Holt III #24 February 1, 2012 at 8:29 am

Amen to that..

Obama

[Illinois: The first NP member heads to Congress, as Danny Davis wins an overwhelming 85% victory yesterday (he got a higher percentage of the vote in that district than the President). NP member and State Senate candidate Barack Obama won uncontested. Interestingly, it appears that the local Democratic machine is trying to distance itself from our folks. At a “Democratic Unity” march on Chicago’s West Side, a flyer invited community members to join with a host of local democratic candidates. The only two west-side Democrats not listed: NP members Danny Davis (U.S. House candidate) and Michael Chandler (Alderman and Ward Committeeman).

gah, they’re already redefining New Party, but it’s close enough..

Obama Mama & Obama Papa..

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#25 February 1, 2012 at 7:16 pm
bg commented:

++

re: #25 February 1, 2012 at 7:08 pm bg

Obama’s Communist Mentor

[In addition to Tidwell’s book, Black Moods: Collected Poems of Frank Marshall Davis, confirming Davis’s Communist Party membership, another book, The New Red Negro: The Literary Left and African American Poetry, 1930-1946, names Davis as one of several black poets who continued to publish in CPUSA-supported publications after the 1939 Hitler-Stalin non-aggression pact. The author, James Edward Smethurst, associate professor of Afro-American studies at the University of Massachusetts-Amherst, says that Davis, however, would later claim that he was “deeply troubled” by the pact.]

Hitler .. was seen .. as someone who
leaves the established order in place.

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