Sunday, September 2, 2012

Democratic Convention 2012

Just What will the democrats talk about?

After one week of hard facts being dragged into the media about President Obama's failing fiscal record, top Democrats on Sunday defended the president's plans for cutting down the deficit -- but said balancing the budget now would actually be a bad idea.
Senior campaign adviser David Axelrod, speaking on "Fox News Sunday," repeated claims that Obama's plan would cut the deficit by $4 trillion over the next decade, bringing  the budget shortfall down to a point that would "stabilize" the debt. The plea from the Democrats now is, "he needs another four years in order to make the magic all happen."

But, when pressed, Axelrod would not say when the president's plan could bring the budget into balance. With the deficit clocking in at more than $1 trillion once again this year, he suggested that's not the goal in the near-term.

A recent Congressional Budget Office report said that if tax rates rise and sweeping defense cuts go into effect as planned in January, it could result in the economy contracting by .5 percent and unemployment rising to 9.1 percent -- even though the tax hikes and defense cuts would help to close the deficit.
The unemployment rate now is 8.3 percent.

But the Obama campaign remains at risk of appearing reluctant to act on the deficit, as the debt nears $16 trillion and interest payments on that debt rise. Republicans hammered that vulnerability this past week at their convention in Tampa, displaying two giant debt clocks in the convention hall and repeatedly noting that the debt had risen $5 trillion under his watch.
Four years ago there was a wave of optimism at the democratic convention as Obama trashed George Bush for doing the very things that he is guilty of, only on a much smaller scale. This time they will be having to use a lot of smoke screens to keep the crowd from remembering his talk about ending the war after being elected president, and not putting the country into deeper debt. 

The general thought about the upcoming convention is that they will talk about same sex marriage in an effort to avoid the economy issues. It's always effective democratic policy to spend a fair amount of time talking trash about George Bush. 

Of course one of the recent hobbies of democratic strategists is to say that Mitt Romney is bad because he made a lot of money in the private sector. Obama is the richest president we have ever had and its not because he worked hard in the coal mine, but that does not seem to bother liberals who are ready to stereotype anyone who is as smart as Romney is at getting things done, as "cold and mean."

As one who is suffering in this Obama economy, I don't care about who is mean, I want a president who knows how to stay focused and get the job done, and that person is Mitt Romney!

Paulo DiMino

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