Friday, May 25, 2012

Memorial Day Weekend

  

 Let’s not forget our fallen heroes from all
  uniformed services this Memorial Weekend.
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The Congressional Budget Office noted three days ago that our economy will go over a fiscal cliff if the Bush Tax cuts are not renewed.

Obama wants increased taxes, more spending & extra regulations.
® Spending as a percentage GDP is now 24.2 up 17% in 3 years
® Wall Street Journal article on the 24th  - noted to balance the budget for this year, all workers in the United States would have to forfeit their entire annual income
® Federal regulations are increasing twice as fast as under President Bush
® In fact, regulations from the EPA are now designed to shut down enterprises.  For example new regulations to further limit coal plant emissions have a two-year compliance period despite the fact the industry standard to implement changes due to environmental impact studies average 3 to 4 years. (The administration’s way to implement ‘Cap and Trade’- a bill that could not pass in Congress)
Bottom line:   These administration policies are destroying our economy. Their only vision is more taxes, more spending and more regulations while economic growth continues to spiral downward.
                 
 5 days to State Convention—May 30, 2012
 11 weeks until the Aug 7, 2012 Primary Election
           23 weeks until the Nov 6, 2012 General Election

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