Barack Obama has got to be one of the most double talking politicians our nation has ever seen. From a man that has not had a budget in his entire time in office, he has come out and proclaimed April as National Financial Capability Month. In other words, he is saying that young people need to learn “how to budget responsibly.”
According to his Presidential Proclamation of March 29, 2013, Obama writes:
“All Americans deserve the chance to turn their hard work into a decent living for their families and a bright future for their children. Seizing that opportunity takes more than drive and initiative — it also requires smart financial planning. During National Financial Capability Month, we recommit to empowering individuals and families with the knowledge and tools they need to get ahead in today’s economy.”
While he claims that his administration is “dedicated to helping people make sound decisions in the marketplace,” nothing could be further from the truth. Take Obamacare for instance. That is not helping to make sound decisions in the marketplace. It is forcing people to make ridiculous decisions. If you don’t want insurance and want to pay out of pocket, too bad. His administration will tax you. If you are an employer and want to act fiscally and morally responsible, according to conscience, too bad. His administration will tax you.
Additionally, remember that Obama has yet to see a budget cross his desk since he has been in the White House. He has also spent millions on vacations for himself and his family at taxpayer’s expense, while the people he claims to be “helping” are living from paycheck to paycheck. Oh wait, he did mention that very thing.
“We also know that too many families are living paycheck-to-paycheck, unable to take advantage of tools that would help them plan for a middle class life,” he wrote in the proclamation. However, how is he determining they get to a middle class life? Is it by working hard, investing yourself and learning and doing a job well? Nope. Obama says the answer is in government. “That is why we must build ladders of opportunity for everyone willing to climb them,” he writes, “from a fair minimum wage that lifts working Americans out of poverty to high-quality preschool and early education that gets every child on the right track early. These reforms would encourage the kind of broad-based economic growth that gives everyone a better chance to secure their financial future.”
Can we just be honest here? How does raising a person’s pay based on government mandates, not the particular job worked or the skills of the worker, lift working Americans our of poverty? How many times has the minimum wage been raised for this purpose? Guess what? There’s still poverty! Raising the minimum wage only cuts people out of jobs, increases the cost of goods and in the end those that get an increase via the minimum wage end up paying out more in taxes and more on the goods they purchase, because the suppliers of goods are not going to take that increase in the shorts. No, no. They are going to pass it on to the consumer. This is the furthest thing from encouraging “broad-based economic growth.” It will kill it.
Additionally, American use to have one of the greatest education systems in the world way back when. Now we are lagging far behind other nations of the world. People are pulling their kids from the public education system because it is a disaster, not only when it comes to education, but they are a cesspool of immorality, lies, politically correct teaching, and statist indoctrination. That will not bode well for a chance at securing anyone’s financial future. It will simply make them slaves to the system.
I admit when I read this section, it took my breath and I laughed at the utter hypocrisy of the statement as Obama proclaimed:
“Financial capability also means helping people avoid scams and demand fair treatment when they take out a mortgage, use a credit card, or apply for a student loan. My Administration continues to encourage responsibility at all levels of our financial system by cracking down on deceptive practices and ensuring that consumers are informed of their rights.”
Wait, you mean like the scam of Social Security? Oh wait, maybe you mean like the scam of the Federal Reserve? Perhaps it is the scams that have recently been put forth and are being discussed such as a “balanced budget” or the “fiscal cliff” deal? Maybe it’s the Obamacare scam?
Obama’s administration is encouraging “responsibility at all levels of our financial system?” You could have fooled me. While he claims that they are cracking down on deceptive practices from one side of his mouth, his administration is racking up over a trillion dollars every year in deficit spending. Just when is he going to get his own house in order before he starts telling people how to be responsible in theirs? By the way, he has no authority to tell anyone how to get their house in order.
He did claim that government partnered with businesses (never a good thing) and community leaders to increase financial literacy. He also claimed that they provided “College Scorecard and Financial Aid Shopping Sheet” and said that they were “working to give families clear, transparent information on college costs so they can make good choices when they invest in higher education.”
One could wish his administration would give the American people “clear, transparent information” on Fast and Furious and the Benghazi attacks along with real background information about himself, but even more to the point, there are tons of horror stories coming out where people are buying into the “higher education” propaganda and coming out in massive debt with no one to hire them for their skills. Granted, those people make that choice. They are not forced into it, but there is not doubt that this administration is pushing such things while at the same time undermining the very marketplace that would provide employment opportunities for those educating themselves.
Finally, this man has presided over an administration which has increased the debt on every household in America by $53,377. His administration has yet to pass a budget, let alone a balanced one, in over four years. He has seen deficit spending of over $1 trillion a year since being in office, despite their claims of deficit cuts, and in 2011 the federal government spent approximately $1.03 trillion on 83 means-tested federal welfare programs alone. He is also the Keynesian who believes that you spend your way out of debt.
Yet, we are to take him serious when he wants to teach us and the youth of our land about budgeting? Forgive me while I LOL (Laugh out loud). This is the height of hypocrisy.Don't forget to Like Freedom Outpost on Facebook and Twitter, and follow our friends at RepublicanLegion.com on Instagram.