By Rand Paul
Obama acts as though we no longer have a Constitution
Independent voices from the TWT Communities
President Obama's call for $60 billion in additional spending to cover damage from Superstorm Sandy tops a congressional wish list of more stimulus spending, expanded unemployment benefits and extending the payroll tax cut — all without finding cuts elsewhere in the federal budget.
Oh, to live on Sugar Mountain, With the barkers and the colored balloons. . . .
The precipitous stock market plunge of June 22, with the Dow Jones dropping 185 points, is all about Washington's continued war on prosperity.
"Democrats would clearly trap us in a cycle of dependency on Keynesian stimulus," Mr. Hassett said. "That cycle leads to financial ruin, and the sooner we start seriously pursuing real fixes, the better our chances of turning this economy around."
Kevin Hassett, of the American Enterprise Institute, a conservative think tank, warned that the longer lawmakers rely on deficit spending, the bigger the nation's fiscal problems will get.