Hendricks County Flyer, Avon, IN

Commentary

March 4, 2013

Obama's 'dimes of debt' keep piling up

(Continued)

The same is true of "paying down our debt in a balanced way." The president sounds so reasonable - yes, yes, we do have to cut spending, yes, we need a smarter, not a bigger, government - but somehow when any actual policy is implemented, the taxes are higher, but so is the spending.

The president "asked" the wealthy to pay more last year and the Republicans finally caved on it, agreeing to tax increases for those with higher incomes but below half of the "millionaire" level that the president is so fond of invoking. Meanwhile, there were no cuts, other than the government definition of a cut, which is a bit less of an increase. It's like claiming that a pay raise of 3 percent is a pay cut because you wanted, and planned for, a 5 percent raise.

But, with automatic budget cuts less than a week away under sequestration (something Obama and Congress created together), the president is once again kicking Republicans for not being willing to take a "balanced approach" to deficit reduction by "asking the wealthy to pay their fair share."

Get ready for four more years of dimes of debt piling up and demands to punish anybody who has become successful. It's been working so far. Why change?

- Taylor Armerding is an independent columnist. Contact him at t.armerding@verizon.net.

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