Is This a Joke?
I read Chairman Heim’s funny article in Sunday’s Pilot (Jan. 23). The laughs started when he claimed reading our Constitution added $1.1 million to the deficit. Then he blamed Republicans for increasing the deficit by $4 trillion over 10 years by extending the current tax rates for two years. Obama actually claimed this as his great accomplishment. Remember, he signed the legislation.
Next he really broke me up by saying repealing Obamacare would increase the deficit by $1.2 trillion over 20 years. The CBO projected repealing Obamacare would reduce spending by $540 billion over 10 years. Where does Heim get his material?
I loved the zinger about Obamacare having already created more than 800,000 new health care industry jobs. Obama claims to have created 863,000 new private sector jobs in 2010. It will probably be news to Obama that all but 63,000 were created in health care.
Heim claims that $9 trillion of our debt was created over 20 years by Republican presidents. How does this compare with the $6.5 trillion that Obama is projected to add to the deficit in four years?
On the jobs front, an inconvenient truth is most economists have warned that Obamacare would make it even harder to put people back to work. Also, the number of people unemployed in December 2008 was 11.1 million. After Obama’s stimulus, the number in December 2010 was 14.5 million.
Finally, Heim tackles high oil prices. He rightly claims we cannot drill our way out. The reason is Obama will not allow new drilling or new domestic oil exploration. Also, Obama and the Federal Reserve’s QE 2 policies are devaluing our dollar. Devaluing our dollar leads to higher costs for imported oil.
Chairman Heim, is Dusty Rhoades your ghost writer or vice versa?
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