Sarah Palin: The president 'does not get it'

Washington needs to live within its means
*
Fox Business aired this interview with Sarah Palin last night, although it appears to have been recorded at an earlier date:


- JP

Washington's Miracle Drug: Spenditol

But watch out for those side effects...
*
A very clever ad from the Concerned Women for America's Legislative Action Committee:


h/t: Jim Geraghty

- JP

Gov. Palin: We must force government to live within its means

"I did not go to Harvard Law School, but I can add."
*
Sarah Palin issued a clarion call Saturday on both Facebook and her SarahPAC websites to "force government to live within its means":

The Sugar Daddy Has Run Out of Sugar; Now We Need New Leaders

Barack Obama’s big government policies continue to fail. He should put a link to the national debt clock on his BlackBerry. The gears on that clock have nearly exploded during his administration. Yesterday’s terrible job numbers should not be a surprise because it all goes back to our debt. Our dangerously unsustainable debt is wiping out our jobs, crippling our economic growth, and jeopardizing our position in the global economy as the leader of the free world.

As a governor, I had to deal with facts, even unpleasant ones. I dealt with the world as it is, not as I wished it to be. The “elite” political class in this country with their heads in the sand had better face some unpleasant facts about the world as it is. They’ve run out of money and no amount of accounting gimmicks or happy talk will change this reality. Those of us who live in the real world could see this day coming.

Back in January 2009, as governor of Alaska, I announced: “We also have to be mindful about the effect of the stimulus package on the national debt and the future economic health of the country. We won’t achieve long-term stability if we continue borrowing massive sums from foreign countries and remain dependent on foreign sources of oil and gas.” Then I urged President Obama to veto the stimulus bill because it was loaded with absolutely useless pork and unfunded mandates. Everyone knows my early and vocal opposition to that mother of all unfunded mandates known as Obamacare starting back in August 2009, and many recall my objections to the Federal Reserves’ inflationary games with our currency known as QE2 from November 2010. It’s a matter of public record that I did not go to Harvard Law School, but I can add.

The same “experts” who got us into this mess are now telling us that the only way out of our debt crisis is to “increase revenue,” but not by creating more jobs and therefore a larger tax base; no, they want to “increase revenue” by raising taxes on job creators who are taxed enough already! As Margaret Thatcher said, “The trouble with socialism is that eventually you run out of other people’s money.” That’s where we are now. Hard working taxpayers have been big government’s Sugar Daddy for far too long, and now we’re out of sugar. We don’t want big government, we can’t afford it, and we are unwilling to pay for it.

This debt ceiling debate is the perfect time to do what must be done. We must cut. Yes, I’m for a balanced budget amendment and for enforceable spending caps. But first and foremost we must cut spending, not “strike a deal” that allows politicians to raise more debt! See, Washington is addicted to OPM – Other People’s Money. And like any junkie, they will lie, steal, and cheat to fund their addiction. We must cut them off and cut government down to size.

To paraphrase Hemmingway, people go broke slowly and then all at once. We’ve been slowly going broke for years, but now it’s happening all at once as the world’s capital markets are demanding action from us, yet Obama assumes we'll just go borrow another cup of sugar from some increasingly impatient neighbor. We cannot knock on anyone’s door anymore. And we don’t have any time to wait for Washington to start behaving responsibly. We’ll be Greece before these D.C. politicians’ false promises are over. We must force government to live within its means, just as every business and household does.

We can’t close our $1.5 trillion deficit overnight, but we must get as close as we can as soon as we can. Little nibbles here and there over 10 years (spun to sound like they’re huge budget cuts) aren’t anywhere near enough. I know from experience that cutting government spending isn’t easy. As governor, I made the largest veto cuts in my state’s history, and I didn’t make many friends doing it. But we will never recover, we will never get free of devastating debt, unless we make tough choices now. We don’t hear talk like this from leaders in D.C. or from those running for office because they say what they think we want to hear rather than what must be said.

We are in desperate need of real leadership, but President Obama’s solution to everything is to grow government by borrowing more money, spending more money, printing more money, and taxing our job creators. He once said that he “believes in American Exceptionalism…just as the Greeks believe in Greek Exceptionalism.” Well, the path he has us on will make us just as “exceptional” as Greece – debt crisis, stagnation, permanent high unemployment, and all.

As we approach 2012, there are important lessons we can learn from all of this. First, we should never entrust the White House to a far-left ideologue who has no appreciation or even understanding of the free market and limited government principles that made this country economically strong. Second, the office of the presidency is too important for on-the-job training. It requires a strong chief executive who has been entrusted with real authority in the past and has achieved a proven track record of positive measurable accomplishments. Leaders are expected to give good speeches, but leadership is so much more than oratory. Real leadership requires deeds even more than words. It means taking on the problems no one else wants to tackle. It means providing vision and guidance, inspiring people to action, bringing everyone to the table, and with a servant's heart dedicating oneself to striking agreements that keep faith with our Constitution and with the ordinary citizens who entrusted you with power. It means bucking the status quo, fighting the corrupt powers that be, serving the common good, and leaving the country better than you found it. Most of us don’t see a lot of that real leadership in D.C., and it’s profoundly disappointing.

But let me tell you where real hope lies. It’s not the hopey-changey stuff we heard about in 2008. Real hope comes from realizing how God has blessed our exceptional nation, and then doing something about it. We have been blessed with natural resources, hardworking entrepreneurs, and a Constitution that preserves the greatest form of government ever devised by man. If we develop those natural resources, allow our entrepreneurs to keep and invest more of what they earn, and adhere to the time-tested truths of our Constitution, we will prosper and endure.

But first and foremost we must tackle our debt. We don’t have the luxury of playing politics as usual. We need real leaders who will put aside their own political self-interest to do what is right for the nation. And if they don’t emerge… well, America has a do-over in November 2012.

- Sarah Palin

- JP

Sarah Palin: Obama’s Message to America

The president still thinks that spending is the solution
*
On Facebook late last night Alaska time, Gov. Palin opined that in his SOTU speech, President Obama failed to offer any practical solutions to the nation's debt crisis and demonstrated that, incredibly, he still believes that what America needs right now are more federal spending and bigger government:

Obama’s Message to America: The Era of Big
Government is Back, Now Help Me Pay For It

The President’s State of the Union address boiled down to this message: “The era of big government is here as long as I am, so help me pay for it.” He dubbed it a “Winning The Future” speech, but the title’s acronym seemed more accurate than much of the content.

Americans are growing impatient with a White House that still just doesn’t get it. The President proves he doesn’t understand that the biggest challenge facing our economy is today’s runaway debt when he states we want to make sure “we don’t get buried under a mountain a debt.” That’s the problem! We are buried under Mt. McKinley-sized debt. It’s at the heart of what is crippling our economy and taking our jobs. This is the concern that should be on every leader’s mind. Our country’s future is at stake, and we’re rapidly reaching a crisis point. Our government is spending too much, borrowing too much, and growing too much. Debt is stifling our private sector growth, and millions of Americans are desperately looking for work.

So, what was the President’s response? At a time when we need quick, decisive, and meaningful action to stop our looming debt crisis, President Obama gave us what politicians have for years: promises that more federal government “investment” (read: more government spending) is the solution.

He couched his proposals to grow government and increase spending in the language of “national greatness.” This seems to be the Obama administration’s version of American exceptionalism – an “exceptionally big government,” in which a centralized government declares that we shall be great and innovative and competitive, not by individual initiative, but by government decree. Where once he used words like “hope” and “change,” the President may now talk about “innovation” and “competition”; but the audacity of his recycled rhetoric no longer inspires hope.

Real leadership is more than just words; it’s deeds. The President’s deeds don’t lend confidence that we can trust his words spoken last night.

In the past, he promised us he’d make job creation his number one priority, while also cutting the deficit, eliminating waste, easing foreclosures in the housing markets, and making “tough decisions about opening new offshore areas for oil and gas development.” What did we get? A record $1.5 trillion deficit, an 84% increase in federal spending, a trillion dollar stimulus that stimulated nothing but more Tea Party activism, 9+% unemployment (or 17% percent if you include those who have stopped looking for work or settled for part time jobs), 2.9 million home foreclosures last year, and a moratorium on offshore drilling that has led to more unemployment and $100 dollar a barrel oil.

The President glossed over the most important issue he needed to address last night: spending. He touched on deficit reduction, but his proposals amount to merely a quarter of the cuts in discretionary spending proposed by his own Deficit Reduction Commission, not to mention the $2.5 trillion in cuts over ten years suggested by the Republican Study Committee. And while we appreciate hearing the same President who gave us the trillion dollar Stimulus Package boondoggle finally concede that we need to cut earmarks, keep in mind that earmarks are a $16 billion drop in the $1.5 trillion ocean that is the federal deficit. Budget cuts won’t be popular, but they are vitally necessary or we will soon be a bankrupt country. It’s the responsibility of a leader to make sure the American people fully understand this.

As it is, the American people should fully understand that when the President talks about increased “investments” he’s talking about increased government spending. Cut away the rhetoric and you’ll also see that the White House’s real message on economic reform wasn’t one of substantial spending cuts, but of tax increases. When the President talks about simplifying the tax code, he’s made it clear that he’s not looking to cut your taxes; he’s looking for additional tax revenue from you. The tax “simplification” suggested by the President’s Deficit Reduction Commission would end up raising taxes by $1 trillion over the next decade. So, instead of bringing spending down in line with revenue, the President wants to raise our taxes to pay for his massive spending increases. It’s tax and spend in reverse: spend first, tax later.

And the Obama administration has a lot of half-baked ideas on where to spend our hard-earned money in pursuit of “national greatness.” These “investments,” as the President calls them, include everything from solar shingles to high speed trains. As we struggle to service our unsustainable debt, the only thing these “investments” will get us is a bullet train to bankruptcy.

With credit ratings agency Moody’s warning us that the federal government must reverse the rapid growth of national debt or face losing our triple-A rating, keep in mind that a nation doesn’t look so “great” when its credit rating is in tatters.

Of course, it’s nice to give a speech calling for “investment” and “competition” in order to reach greatness. It’s quite another thing to advocate and implement policies that truly encourage such things. Growing the federal government is not the answer.

Take education for example. It’s easy to declare the need for better education, but will throwing even more money at the issue really help? As the Cato Institute’s Michael Tanner notes, “the federal government has increased education spending by 188 percent in real terms since 1970 without seeing any substantial improvement in test scores.” If you want “innovation” and “competition,” then support school choice initiatives and less federal control over our state and local districts.

When it comes to energy issues, we heard more vague promises last night as the President’s rhetoric suggested an all-of-the-above solution to meeting our country’s energy needs. But again, his actions point in a different direction. He offers a vision of a future powered by what he refers to as “clean energy,” but how we will get there from here remains a mystery. In the meantime, he continues to stymie the responsible development of our own abundant conventional energy resources – the stuff we actually use right now to fuel our economy. His continued hostility towards domestic drilling means hundreds of thousands of well-paying jobs will not be created and millions of Americans will end up paying more at the pump. It also means we’ll continue to transfer hundreds of billions of U.S. dollars to foreign regimes that don’t have America’s interests at heart.

On the crucial issue of entitlement reform, the President offered nothing. This is shocking, because as he himself explained back in April 2009, “if we want to get serious about fiscal discipline…we will have to get serious about entitlement reform.” Even though the Medicare Trust Fund will run out of funds a mere six years from now, and the Social Security Trust Fund is filled mainly with IOUs, the President opted to kick the can down the road yet again. And once again, he was disingenuous when he suggested that meaningful reform would automatically expose people’s Social Security savings to a possible stock market crash. As Rep. Paul Ryan showed in his proposed Roadmap, and others have explained, it’s possible to come up with meaningful reform proposals that tackle projected shortfalls and offer workers more options to invest our own savings while still guaranteeing invested funds so they won’t fall victim to sudden swings in the stock market.

And what about that crucial issue confronting so many Americans who are struggling today – the lack of jobs? The President came to office promising that his massive, multi-trillion dollar spending programs would keep unemployment below 8%; but the lack of meaningful, pro-free market reforms in yesterday’s speech means his legacy will almost certainly be four years of above 8% unemployment, regardless of how much he increases federal spending (or perhaps I should say because of how much he’s increased it).

Perhaps the most nonsensical bit of double-speak we heard last night was when the President said that hitting job-creators with a tax increase isn’t “punishing their success. It’s about promoting America’s success.” But government taking more money from the small business entrepreneurs who create up to 70% of all jobs in this country is not “promoting America’s success.” It’s a disincentive that will result in less job creation. It is, in fact, punishing the success of the very people who created the innovation that the President has supposedly been praising.

Despite the flowery rhetoric, the President doesn’t seem to understand that individuals make America great, not the federal government. American greatness lies in the courage and hard work of individual innovators and entrepreneurs. America is an exceptional nation in part because we have historically been a country that rewards and affirms individual initiative and offers people the freedom to invest and create as they see fit – not as a government bureaucrat does. Yes, government can play an appropriate role in our free market by ensuring a level playing field to encourage honest competition without picking winners and losers. But by and large, government should get out of the way. Unfortunately, under President Obama’s leadership, government growth is in our way, and his “big government greatness” will not help matters.

Consider what his “big government greatness” really amounts to. It’s basically a corporatist agenda – it’s the collaboration between big government and the big businesses that have powerful friends in D.C. and can afford to hire big lobbyists. This collaboration works in a manner that distorts and corrupts true free market capitalism. This isn’t just old-fashioned big government liberalism; this is crony capitalism on steroids. In the interests of big business, we’re “investing” in technologies and industries that venture capitalists tell us are non-starters, but which will provide lucrative returns for some corporate interests who have major investments in these areas. In the interests of big government, we’re not reducing the size of our bloated government or cutting spending, we’re told the President will freeze it – at unsustainable, historic levels! In practice, this means that public sector employees (big government’s staunchest defenders) may not lose jobs, but millions of Americans in the private sector face lay offs because the ever-expanding government has squeezed out and crippled our economy under the weight of unsustainable debt.

Ronald Reagan said, “You can’t be for big government, big taxes, and big bureaucracy and still be for the little guy.” President Obama’s proposals last night stick the little guy with the bill, while big government and its big corporate partners prosper. The plain truth is our country simply cannot afford Barack Obama’s dream of an “exceptionally big government” that may help the big guys, but sticks it to the rest of us.

- Sarah Palin

- JP

CAGW Ad: 'Chinese Professor'

*
Powerful ad from Citizens Against Government Waste (CAGW):


- JP