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Tuesday, March 03, 2009
Chuck Norris :: Townhall.com Columnist
Obama Plus Congress Equals Economic Chaos
by Chuck Norris
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The political and financial math is easy to calculate. It doesn't take a rocket scientist to figure it out -- just an honest assessment of Washington's present landscape. Here's how the equation pans out:

America's political love affair with President Obama plus the Democratic majority's coercions in Congress equals trillions of dollars in new debt for Americans, or more economic chaos.

If we ever are to restore the fiscal and leadership sanity to our economy and government, we need not to reinvent the Great Depression wheel of Roosevelt's New Deal. We need to look to a time when Congress was more frugal in its spending and stabilized our government and economy. And in the past 100 years, one of the best examples of that occurred when Newt Gingrich led Congress in the 1990s. I'm not justifying every financial move they made back then, but despite losing a balanced budget amendment to the Constitution by only one Senate vote, they still committed to spending caps and balancing the budget, which they did for four consecutive years. That was the first time that had happened since the 1920s.

The Congress of the '90s steadied and strengthened the economy by following four priorities and principles, which are being turned on their heads at this moment by the present administration. As Newt noted in his excellent book "Real Change," Congress' top priorities were to:

--Cut taxes to increase economic growth and therefore increase revenues (unlike Obama's tax hikes, which will retard economic growth and depress revenues).

--Set priorities and increase spending in key areas while reducing it in nonessential areas (unlike Obama's fiscal priorities of health care, energy and education, which are based not upon what is best for the economy but what is reflective of typical partisan preferences and doing what is politically expedient).

--Eliminate pork-barrel spending (unlike the 9,000 earmarks in the present $410 billion omnibus spending bill, which is nothing short of absolute economic ludicrousness, mismanagement and waste within our present crisis).

--Shift from expensive, wasteful systems to smarter spending; look at not only more inexpensive ways but also more productive ones (unlike Obama's theory to spend our way to prosperity, which is a sure way to sink America).

Our government is hemorrhaging money. The nanny state is becoming the norm. Our Founders are rolling in their graves. And at this very moment, Washington's credit-crazy and debt-accumulating addiction is dissolving our sovereignty like a sugar cube in coffee by handing our financial autonomy over to other nations. In other words, Rome is burning, and Caesar is stoking the fire!

Time is running out, but it's not too late to reverse Washington's fiscal frenzy. Don't just write to your representatives; hound them to live and legislate by the preceding four proven priorities and principles of governmental and monetary prudence.

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About The Author
Chuck Norris is a columnist and impossible to kill.
 
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Reba writes:
Our economy has tanked, Washington spends like it was King Louis XIV's court, Princess Pelosi's jet cost $5 Million a year for her flights to California and back, and $30 Million to protect the Marsh Mouse, Lord Reid has his own rail installed from Las Vegas to Disney land. His Majesty Obama has his own earmarks in the spending bills, but his name will be removed to protect him, Lady Obama has designer gowns and jewelry provided for her pleasure.
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Your ability to be so concise and fallacious is remarkable.

45caliber
I was not talking about winning elections simply because the people have no good choices.
I talk about a truly novel idea of a party that has the the best interest of the U.S. in mind. professional politicians are not the answer to any problem.
The GOP did nothing to clean house and will talk trash and do nothing again. It is time to end the cycle!!!!!!
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