Thursday, May 12, 2011

Shot in the Foot

GOP leaders like Boehner have been calling for massive cuts to the federal budget, the gutting of Medicare and Medicaid, the ending of funding for those who are leaching off the system and subsisting on government money. They want to flush out the waste, fraud, and abuse that is plaguing out federal government and streamline our spending to incorporate only the bare essentials.

Apparently, the only "essentials" are military and big oil subsidies.

Boehner has succeeded somewhat in calling the end of oil subsidies "tax hikes" even though they are not at all the same thing. First of all, big oil has said they don't need the subsidies, and their profits seem to prove that. Why should we be giving billions to oil companies and foreign powers to ensure oil production when we are wallowing in debt back home? Why should we have to cut spending on our education and health care when we are funding places like Pakistan and companies like Exxon Mobil who don't even need the money?

Subsidies are not tax cuts. The argument by the GOP is that, if you cut the subsidies, gas prices will rise. There's no reason for this to happen unless oil companies are just that greedy. If that's the case, they should be reigned in. If they don't roll back the subsidies, it's just further evidence of the oil company's control over our lawmakers, whether that control is enforced or not.

The GOP is likely shooting themselves in the foot with this, claiming to be fiscally responsible while at the same time making fiscally irresponsible decisions. They are trying to defend subsidies for oil, tax breaks for billionaires, and cuts to health care, education, and retirement? That's not responsible. That's insanity.

No comments: