IS IT TRUE? February 15, 2012
IS IT TRUE that the 2013 Federal Budget as proposed by President Obama was published on Monday and that it calls for roughly a $1 Trillion deficit?…that this will have to be borrowed to pay for the day to day operating expenses of the federal government?…that there was only a miniscule amount allocated to stimulus projects so the shortfall cannot be blamed on non-recurring investments?…that in the last 3 years the debt of the United States has doubled as a percentage of GDP to 80%?…that the nation of Greece which has experienced riots in the streets and placed on an austerity plan by their creditors has a debt of 160% of GDP?…that if the good old USA doubles again we will be in the same dire financial straits as Greece?…that there is no way to close this gap without cutting spending as growing the GDP by a third in four years is just not going to happen?
IS IT TRUE that even the three fundamental planks of the social safety network that are made up by Social Security, Medicare, and Medicaid are spending more money than they are collecting?…that the decision to GIVE the American people the illusion of incremental gains by cutting the FICA collections from paychecks is the big culprit in jeopardizing Social Security?…that this is a system that needs to be dynamic enough to be solvent long term on a day to day basis?…that it was quite irresponsible to loot the Social Security revenue stream for the shallow purpose of GIVING working people and extra $20 per week or so?…that this made about as much fiscal sense as buying candy today with next month’s food budget?
IS IT TRUE that the City County Observer is pleased to once again be in a leadership position on exposing the reality that the weekly gathering of Democrat members of the Evansville City Council have about a 99.999% probability to violate the Open Door Laws?…that this was done by our previous council in a very in our face manner and there were no consequences for these actions?…that it appears as though the one act play that is now being compared to “Who Framed Roger Rabbit†that played out on January 23rd may have a long term positive outcome?…that if a colossal public embarrassment and the exposure of the Evansville City Council as a governing body is what it took to get “old Boy Ways†ended then it is worth it?…that the months of January and February of 2012 may just be the beginning of the end for Evansville’s oligarchy of politics?