"President Barack Obama called on Congress Wednesday to approve $250 payments to more than 50 million seniors to make up for no increase in Social Security next year." (That's the lead in this AP story by Stephen Ohlemacher.) Social Security payments are, of course, tied to inflation, which is nonexistent. No matter, lets give the senior citizens some more money anyway (Obama-money as they might say in Detroit).Don't get me wrong, I have nothing necessarily against seniors getting a raise. But its another $13 billion. The government doesn't have the money. It doesn't have ANY money.
Again, that doesn't matter to Obama, he's "open to borrowing the money, increasing the federal budget deficit," which is already expected to hit $1.4 TRILLION - that's $1,400,000,000,000.00, in 2009 and it is sure not going to go down in 2010.
This is nothing more than a liberal incumbent politician writing $250.00 checks to every member of a large voting block.
What's the difference between this scheme and simply doling out cash at the polls? I see two . . . Obama won't go to jail for his plan and the money won't need to come out of his own pocket.
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