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Opinion: An open letter to the Congress of this great nation, of an agreement between the Knoxville TEA Party and President Obama
Dear Representatives, Senators, and fellow Citizens,
The Knoxville Tea Party writes to agree with President Obama, who said: "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies." --Sen. Barack Obama Sen. Obama then voted against raising the debt limit in 2006. We couldn't agree more. The problem today is this President's incredible spending, not that we're not borrowing enough, and not that we aren't taxed enough. We reject the idea that the only way to improve our national credit rating is to go deeper in debt. We reject the idea that more debt and taking money from people's bosses creates jobs. The same President who spent all this money and now laments he needs more, has proposed some phony cuts far in the future. We aren't buying them. This President has increased spending 28% in two years. Is America 28% better? We don't think so. It's not working. In 2009 and 2010 this nation spent incredible sums on failed "stimulus" and big bailouts, and now we're spending even more. That's right, the president is spending even more today than then. In fact, the President and his allies are spending an incredible $1.76 for every dollar they have coming in, and borrowing the rest. And make no mistake, every penny they borrow today is tax tomorrow, plus interest. So we encourage the Congress to solve the real problem: make the government live within its means. We must honor the promises we've made as a country, and, at the same time, stop the government from making more promises it can't possibly keep. Meanwhile, please take the time to do it right. Let this perfectly foreseeable negotiation not be another invented crisis, negotiated in secret, then crammed through. There's no rush. The federal government has easily enough revenue ($200 billion a month) to make the payments on the debt ($29 billion a month), and pay Social Security benefits ($50 billion a month) without borrowing another cent. There is no risk of default, and no threat to seniors unless the President deliberately targets them. The Knoxville Tea Party, Theresa West, Chair, 865-357-3TEA "Smaller government, that lives within its means, and adheres to the Constitution." Published July 28, 2011
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The opinions expressed on this page are the personal opinions of the writer and not necessarily the opinions of the Knoxville Daily Sun. |
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