The debt ceiling, taxes, and endless liberal lies

Liberals who insist that higher taxes are needed to avoid default are liars. The debt ceiling issue is about spending, not taxes. Photo: Associated Press

LOS ANGELES, July 14, 2011— As the fight over the debt ceiling and raising taxes reaches near critical mass, it is time to reaffirm what constitutes the very essence of Barack Obama, Nancy Pelosi, and their lieutenants.

They are liars.

This word is never used. It scares politicians to the core because it cuts to the bone. People use euphemisms like “misled,” and “not been straight with,” and “not leveled” with people.

Nancy Pelosi, John Boehner, President Obama and Harry Reid.

Nancy Pelosi, John Boehner, President Obama and Harry Reid.

Enough hyperbole. Barack Obama and his supporters do not deserve an ounce of sugar coating. They are liars. It is time to tell the truth.

Americans have been told that defaulting on our debt is financial Armageddon. This is true. The only thing America has is its full faith and credit. Without that, everything America stands for and believes in is over. One single default ruins 235 years of honor and integrity.

Under no circumstances can a default of one single dollar be allowed.

Americans have also been told that a failure to raise the debt ceiling means a default. This is a lie.

Liberal politicians will scream that not raising the debt ceiling will cause default unless we make cuts that are so painful and severe that….

Exactly. Do not let them even finish the sentence. Make the cuts. America needs to go on austerity. That means pain and severity.

Liberals have told Americans that tax hikes are good for the economy and tax cuts are bad for the economy. This lie must forever be debunked.

How has the left lied on taxes? Let us count the ways.

Tax Lie 1) 1982: Ronald Reagan’s tax hikes helped the economy.

The truth: This is nonsense. The economy remained mired in misery inherited from Jimmy Carter (although the Gipper was too dignified to cry about his predecessor once he sat in the chair). The economy began to recover a year later. 1983 was when the massive tax cuts of Jack Kemp and William Roth, and embraced by President Reagan, lifted the American economy like a rocketship. Supply side economics unleashed the American economy.

Tax Lie 2) 1990: George Herbert Walker Bush and the Luxury Tax.

The truth: Democrats badgered President Bush to raise taxes on luxury items such as yachts and watches. All this did was cause the rich to tighten their belts. Makers of yachts and watches were decimated. Middle class people saw their businesses collapse. In 1993, Bill Clinton had the luxury tax repealed.

Tax Lie 3) 1993: Bill Clinton’s tax hikes helped the economy.

The truth: Bill Clinton had nothing to do with the economy of the 1990s. The Internet revolution created massive wealth that Americans alive at the time may never see again. This was the third wave behind the agricultural and industrial revolutions. 

The sign of the times

The sign of the times

Such incredible wealth was created that even higher taxes could not kill the revenue.

Yet what did Bill Clinton not tax? Internet commerce. That was left alone because it was understood that letting the Internet run free, unrestrained, untaxed, and lightly regulated was the best way to harness its power.

Ask an honest person if the Internet revolution created the modern economy or if Bill Clinton’s tax hikes did. Giving Clinton the credit is as laughable as praising him for balancing budgets and reforming welfare. That was Newt Gingrich and Republican Governors. Clinton was utterly irrelevant.

Tax Lie 4) The George W. Bush tax cuts of 2001 and 2003 hurt the economy.

The truth: Liberals live in fantasyland, smoking peyote and eating mushrooms harvested from Paul Krugman’s beard. The Bush economy from 2002 to 2007 was fabulous. It was a total and complete success that clicked on all cylinders. Despite the terrorist attacks of 9/11, supply side economics again rescued the American economy from the brink and created spectacular growth. Liberals cheer the financial crash of 2008 in an attempt to deny that the preceding boom years never existed.

Those who wish to blame a president for an eight year economic debacle could blame Bill Clinton for the 2000 crash and pretend the 1990s never existed. He did not cause the boom or the bust. President George W. Bush did cause the boom, but tax cuts had zero to do with the financial meltdown. Barney Frank and Christopher Dodd may wish to look in the mirror on that one.

Every single round of supply side tax cuts have succeeded. Every single round of tax hikes have failed. This goes beyond political parties. Bill Clinton cut capital gains taxes. It was the right thing to do. John F. Kennedy supported supply side tax cuts. Richard Nixon did not. JFK was right on this issue.

So if raising taxes consistently fails, why would liberals want to raise taxes again in such a precarious political climate?

There are two reasons for their stubbornness bordering on psychosis.

Liberals deeply believe in higher spending. Raising the debt limit is not to avoid default. Raising the debt limit gives them more money to spend on their priorities. They want more social programs. America going bankrupt is irrelevant to them. They need people dependent on government so they can govern in perpetuity. Democrats did not offer a budget in 2010 or 2011. They will spend at all costs for their supporters, the country be d@mned.

The other reason is more sinister. The left knows they can’t govern. They desperately need to share blame, if not totally deflecting it onto Republicans.

When Reagan raised taxes in 1982, the left successfully hammered him in the midterm elections.

When George H.W. Bush broke his “read my lips” pledge in 1990, the left successfully hammered him in the 1992 presidential election.

This is what the left does, and the right never seems to learn. The  left convinces the right to “compromise” on its most deeply held principles. Then when things fail, the right gets blamed by the base and the middle.

Republicans are Charlie Brown thinking that one day Lucy will not pull the football away at the last moment.

Republicans caving is bad policy and bad politics. It demoralizes conservatives. Liberals can then run attack ads blaming Republicans for raising taxes and making things worse.

This cannot be allowed to happen again.

Barack Obama knows he has totally failed economically. He paints the GOP as refusing to raise taxes. He is the one refusing to leave them alone. (He should actually cut them, but that is expecting too much of the GOP to bring up).

He claims that senior citizens will not get their Social Security checks because Republicans refuse to raise taxes. This is not only a lie, but an insane one. The items are totally unrelated.

Mr. Obama could snap his fingers and make sure that anybody from seniors to military personnel get paid. He is willing to use our soldiers and seniors as collateral damage in his obsession to get reelected. He needs tax hikes not because they benefit anybody economically, but because they benefit him politically with his base.

Yet when those tax hikes make things worse, he will just demagogue and blame John Boehner, Eric Cantor, and Mitch McConnell for agreeing to them.

A visual reminder that the job in the Capitol is dictated by the Constitution (Image: Associated Press)

A visual reminder that the job in the Capitol is dictated by the Constitution (Image: Associated Press)

 

If they say no, he is left standing alone.

Republicans cannot and must not back down. President Obama will back down. He will ensure there is no default because world leaders will blame him. Even Paul Krugman and his beard will not be able to save Obama from the wrath of worldwide financial markets. Global markets do not bow down to Mr. Obama.

The choice for Republicans is to surrender, adopt bad policies, and get all of the blame, or to stand firm and force Mr. Obama kicking and screaming into balanced budgets and fiscal sanity. He may get the credit in the same way Clinton got credit for what Gingrich and the GOP Congress did, but the country will be better off.

Republicans must be willing to look Americans in the eye and tell the truth. On the debt ceiling and taxes, the cold hard truth is evident.

Liberals are liars.

Brooklyn born, Long Island raised and now living in Los Angeles, Eric Golub is a politically conservative columnist, blogger, author, public speaker, satirist and comedian. Read more from Eric at his TYGRRRR EXPRESS blog. Eric is the author of the book trilogy “Ideological Bigotry, “Ideological Violence,” and “Ideological Idiocy.” Eric is 100% alcohol, tobacco, drug, and liberalism free. After years of dating liberals, he has finally seen the light and now only dates Republican Jewish women. His family is pleased over this. Republican, Jewish women, you may contact Eric above.

Follow Eric on Twitter @TYGRRRREXPRESS

Eric Golub is an independent writer for the Communities.


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Eric Golub

Eric Golub is a politically conservative Jewish blogger, author, public speaker, and comedian. His book trilogy is “Ideological Bigotry,” “Ideological Violence,” and  “Ideological Idiocy.” 

He is Brooklyn born, Long Island raised, and has lived in Los Angeles since 1990. He received his Bachelors degree from the University of Judaism, and his MBA from USC. A stockbrokerage professional since 1994, he began blogging on March 11th, 2007, the three year anniversary of the Madrid bombings and the midpoint of 9/11. He has been inflicting his world view on his unfortunate readers since then. He blogs about politics Monday through Friday, and about football and other human interest items on weekends.

 

 

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