It is hard to determine who is the most incompetent, or stupid:\u00a0 \u00a0President Barack Obama, The United States Senate, or the U.S. House of Representatives.\u00a0 None of them have a clue with regard to the impact of their latest political game.<\/p>\n
Obama ordered congress to stay in town over the Christmas Holiday, while he planned on surfing in Hawaii.\u00a0 (Okay\u2026body surfing.\u00a0 There is no evidence Obama can actually surf).\u00a0 He was finally shamed into staying in town, so he sent Michelle and the kids ahead, at taxpayers\u2019 expense.\u00a0 He stayed behind to light the Washington Christmas tree, which apparently has nothing to do with celebrating Christmas, or Jesus Christ, but does have a large ornament adorning it saying, \u201cI Love President Obama.\u201d\u00a0 The House responded by passing an idiotic one-year extension in the Social Security Tax cut.\u00a0 Social Security is already broke, so this already cost the Social Security Trust Fund $120 billion last year, while providing zero stimulus to the economy.\u00a0 If they repeat this dumb decision, it will cost another $250 billion, while still providing zero stimulus to the economy.\u00a0 But both political parties are doing the irresponsible because they know they will be crucified by the main stream media if they dare act like adults.<\/p>\n
The Senate managed to take an incredibly dumb idea and double down on the stupidity.\u00a0 They want to extend this tax cut for only two months.\u00a0 That is, by far, the most irresponsible position possible.\u00a0 Unbelievably six RINOs are giving vocal support to this unbelievable na\u00efve and irrational proposal.\u00a0<\/p>\n
They are obviously just kicking the can down the road so we can have the same argument in February.\u00a0 Why on earth would anyone expect a different result in February?\u00a0 If congress cannot find the ability to reach an agreement when they are threatened with missing Christmas, delaying Ground Hog day is unlikely to change hearts and minds.\u00a0 But the real problem is that this is likely to have a devastating impact on the economy, particularly with regard to creating any jobs.<\/p>\n
What the geniuses in Washington failed to consider is that this legislation affects every business in the United States that issues a paycheck.\u00a0 As of right now, no one knows how much Social Security tax to withhold on January 1.\u00a0 Since it looks like there will be no tax extension passed, all the systems need to be immediately reprogrammed from 4.2% to 6.2%, assuming they haven\u2019t been programmed already.\u00a0 Probably not, since a few days ago everyone was predicting an extension.\u00a0 Since no one could predict what congress and President Obama would do, odds are nothing was done.\u00a0 \u00a0There is no way this can be done by the end of the year.\u00a0 In some cases that won\u2019t be done by the end of January.\u00a0 That means employers are probably going to do hand calculations to issue payroll checks, if they can issue them at all.\u00a0 This is a massive undertaking.\u00a0 Unbelievably, the only thing certain is change.\u00a0 So if congress changes its mind and extends the payroll tax after all, the computers will need to be re-programmed again.\u00a0 In the meantime don\u2019t be surprised if a lot of people end up not getting paid at all.\u00a0 It is an expensive nightmare that never should have happened.<\/p>\n
Democrats are practically foaming at the mouth in the rush to blame Republicans for a massive tax increase.\u00a0 The main stream media will almost certainly blame everything on Republicans for trying to protect the filthy rich from a miniscule increase in taxes while heaping an enormous tax increase on the poor.\u00a0 In the meantime there doesn\u2019t seem to be a single Republican capable to explaining the reality of the situation to the American people.\u00a0 I don\u2019t know which is more infuriating:\u00a0 a liberal left wing Democratic Party willing to drive our economy into a complete meltdown, while cheered on by the liberal main stream media, \u00a0or a Republican Party that seems incapable of pointing out the obvious.\u00a0 I am so tired of Republicans getting all defensive and saying things like \u201cI don\u2019t think it\u2019s a good idea to raise taxes on anyone during a recession.\u201d <\/span><\/em><\/strong>\u00a0ARE YOU KIDDING ME?\u00a0 IS THAT THE BEST WE GOT?<\/p>\n I wish just one Republican leader, any Republican leader, would have the courage to stand up and say the obvious:\u00a0<\/p>\n You\u2019re darn right Republicans are unwilling to compromise with Democrats.\u00a0 It is no virtue to compromise with the Captain of the Ship of State when he is steering us toward disaster.\u00a0 Refusal to compromise, when things are headed in the wrong direction is the only responsible course of action.\u00a0 Compromising with\u00a0President Obama and the Democratic Party will only make things worse.\u00a0 We don\u2019t need to compromise with a disastrous economic policy, we need to reverse course before it is too late.\u00a0 <\/em><\/strong><\/p>\n In the meantime Democrats and Republican have gathered around in a circular firing squad guaranteed to damage everyone inside the circle and a lot of innocent bystanders.<\/p>\n TDM<\/p>\n","protected":false},"excerpt":{"rendered":" It is hard to determine who is the most incompetent, or stupid:\u00a0 \u00a0President Barack Obama, The United States Senate, or the U.S. House of Representatives.\u00a0 None of them have a clue with regard to the impact of their latest political … Continue reading