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Rant

President Obama’s Budget Cuts

Posted 15 months ago|11 comments|3,589 views
President Obama from Financial Times
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Over the past few days more and more of the President's budget cuts have been on the news. It seems as if the only ones that stand to lose are students trying to further their education and the poor. Some of the proposal includes cuts in Pell grants. Without Pell grants many people would not be able to further their education. I find it interesting that the President is so big on education, yet his proposal will undercut the very people that need it the most.

Heating assistance for the poor and also a necessity for many working poor and unemployed people to stay warm for the winter. It is a matter of survival and this winter has been brutal across the country with massive snow storms and blasts of cold air.

What is the president really thinking in this case? Many people say go after the rich for more taxes. This will never happen because the rich are the very people they depend on for donations. They are the movers and shakers in this country. Look at all of the Wall Street corruption, many financial crimes in banking and very few people are paying the price. They have targeted the weak people with very little money or political power in this country. The middle class and poor people in this country are only useful election time. Once the election is over, the elected party will cater to the rich only. It is a reality in the US that will never change. Just my honest opinion.

To read more about the President's budget proposal go to:
http://www.huffingtonpost.com/2011/02/13...


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COMMENTS
15 months ago: Huh?

Are you serious? No, really serious?
15 months ago: What's wrong Red? You can't get a Pell Grant?

http://www2.ed.gov/programs/fpg/index.ht...

There is the link.

The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain postbaccalaureate students to promote access to postsecondary education.

Uh? Postsecondary? Uh? a second or a third degree? Uh? Does not need to be repaid? Uh? Code words? Uh? ... Low-income? Uh? Unemployed? Uh?
BadCyborg
BadCyborg
San Antonio, TX
15 months ago: "President Obama's Budget Cuts" are like 500 bureaucrats scheduled for execution - TOO LITTLE TOO LATE!! What the Tea Party caucus is proposing in only a good start and His Most August And Divine Magesty, Barak the first, is threatening to shut down the federal government if THEY are passed.

I say LET HIM! Most of us know that congress does its best work when its in recess. At least when the congresscritters are at home they can't do anything MORE to pick my pocket.
15 months ago: Save your time and just go to the Huffingtonpost.com Same information..hmmmm I thought this was going to come to an end?
15 months ago: Having fun?
15 months ago: If you think posting insults is going to make me leave, then you are the real fool. I am going to be here everyday posting. You are not the owner. I do not need your permission for anything. I only respect the wishes of the owner, the rest of you can go pound sand.
15 months ago: Great Pic of Obama!
14 months ago: There are a lot of cuts that need to be made. But education is not one of them. You can't advance education while cutting funding at the same time. I'm shocked that Obama is proposing cuts to education, given how much emphasis he keeps putting on education in his speeches.
Altruist
Altruist
Eugene, OR
14 months ago: Great Post SmartyGirl!

Makes you wonder who is really standing up for the majority of the people. The republicans are only for super rich and the corporations. The Tea Party is only for the super conservative. The unions stand up for the workers, but they are being snuffed out, but no one stands up for the poor and the unemployed.

Nobody is willing to cut the military where the real budget busting and waste takes place. Nobody is willing to force the super rich 0r the corporations to pay their fair share in taxes.

Back in 1952 Corporations provided 30% of total revenue, Excise taxes 20%, Payroll taxes10%, and Income tax 40%. Now Corporate taxes provide only 7%, Excise taxes 3%, Payroll taxes 43%, and Income taxes are about the same at 43%. Back then the millionaires paid about 66% of their income in taxes. Before Reagan top tax rates on the rich were 90% now the effective tax rate is 16.7%. http://www.taxpolicycenter.org/briefing-...

Note that payroll taxes have quadrupled, and corporate taxes are less than one third what they were, and while income taxes are about the same, the amount the rich are only paying one third what they used to, so that means the other 95% had to make up for the difference by paying more.

Every time Republicans have changed the tax laws they have shifted the burden further off from the rich and corporations and more on to the middle class.

You are correct that as long as campaigns are funded by donations from the rich and corporations, all of the tax laws will favor the rich and corporations and the middle class will get screwed.

We no longer have a democracy. We no longer have a voice in government.

Taxation without representation.
sunny2
sunny2
14 months ago: When is everyone going to see the handwriting on the wall.
sunny2
sunny2
14 months ago: Some people say to "Rebel" or else nothing will get done. In the 60s there was a movement for peace. No one knows what they want anymore. The same old thing over and over again that gets no one anywhere, so no wonder this Government is walking all over the people. A lot of talk and no action anywhere. How many times can we repeat ourselves without tripping over our own feet. How long is this mess going to go on. It looks like there is no end in sight.

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