Can Someone Tell Obama This is America, NOT Europe!

The European countries – with their exceptionally large governments and social welfare programs – have finally acknowledged that their amount of spending is unsustainable. The new conservative British PM David Cameron today announced “painful” measures that will mean cutting back on fiscal spending: this means reductions in pay, benefits and pensions.

The German cabinet also backed austerity measures which plan to cut $96 billion by 2014. This is projected to cut Germany’s budget deficit by 3% of GDP.

European countries have traditionally had fiscally irresponsible national health programs, extensive welfare programs, and big benefits for government bureaucrats. The appropriation of funding from their entrepreneurs and private businesses has allowed their governments to swell beyond their size and has allowed a systemic risk to spread across all markets in the form of national debt. Is this fair?

This is not the American way. The American way is that the money you earn is yours – you do not owe anybody else the fruits of your labor. By spending money they don’t have, and taxing us and our kids to finance the deficit, the Obama administration is implicitly operating on the principle that they own our labor and own us. That isn’t right.

Our spending is out of control, much like theirs. Does this mean our country will be heading toward the same road to destruction as the Europeans, like almost bankrupt Greece? And if so, who do you think will come to our rescue? China? Do we want to be in China’s pocket?  

Bureaucrats are bureaucrats for a reason: if they had any business savvy, they would not end up working for the government. It makes no sense to trust someone as stupid as a bureaucrat with OUR money. What’s happening right now is that the government is printing money (and the more money they print the less valuable the dollar in your pocket becomes) and banking on future generations to pay for the deficit.

Any sane president would look to Europe and see that we should not be making the same mistakes they have made. Instead, Obama passes a fiscally irresponsible healthcare bill in the middle of a recession. Is our great nation heading toward bankruptcy because of the fiscal irresponsibility of those in Washington?

Can Someone Tell Obama This is America, NOT Europe!