"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan

Tuesday, December 18, 2012

Does Barack Obama Want America over the Fiscal Cliff?

The president may deliberately be driving America over the fiscal cliff because on Jan. 1, there are five major tax increases for ObamaCare, and the whole discussion of the fiscal cliff has been about the Bush tax cuts and sequestration, but a third piece of it is the trillion dollars in tax increases over the next decade to pay for ObamaCare.
Ninety percent of the tax increases passed for ObamaCare will show up after January, so the next two and four years have a series of tax increases, independent of this fiscal cliff thing coming, that will be very damaging to the economy, especially since the president refuses to stop spending so much money, which has accounted for this debt.

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