I have some great news for you. The government has stopped spending your money! Instead, it’s investing your money for you.
And it’s all just middle class economics. Not welfare. Please.
I share with you the White House statement from Wednesday night on the budget that passed the House earlier in the day. I’ve highlighted for you all the PR buzzwords and phrases designed to draw your attention away from what the White House actually wants, which is more spending and fewer tax cuts.
Budgets are about priorities. This evening the House Republicans made clear that once again their priority is to cut taxes for millionaires and billionaires and return our economy to the same top-down economics that has failed the American people before. House Republicans voted in favor of locking in draconian sequestration cuts to investments in the middle class like education, job training and manufacturing. House Republicans also failed to responsibly fund our national security, opting instead for budget gimmicks.
The Republican priorities stand in stark contrast to the President’s plan to reverse sequestration and bring middle class economics into the 21st Century. Through critical investments needed to accelerate and sustain economic growth in the long run, including in research, education, training, and infrastructure, the President’s Budget shows what we can do if we invest in America’s future and commit to an economy that rewards hard work, generates rising incomes, and allows everyone to share in the prosperity of a growing America.
The President has been clear that he will not accept a budget that locks in sequestration or one that increases funding for our national security without providing matching increases in funding for our economic security. The Administration will continue to abide by these principles moving forward.
About this “middle class economics” stuff. If you’ve made it to the middle class, why do you need government assistance? I’m not saying the middle class is necessarily a constant blowout party. But if you’re making enough cash to more than get by, why do you still have a claim on someone else’s money?
I really enjoy the last one – it’s the newest addition to the lexicon of fakery going on here – “economic security.” This is a sleight of hand designed to place welfare spending on a par with spending on actual national security when it comes to keeping the country safe.
It’s truly egregious, likening handouts to the sacrifices of our men and women in uniform. But there you go.