2008 was a tough election year for many Americans due to the lack of quality candidates.  Once again, Americans were forced to choose amongst the better of two evils.  I wrote back in August that the election would be determined by the best vice presidential choice, since neither of the two main party candidates were serious about the number one issue facing this nation – fiscal discipline.


Sometime between August and the November election, Obama updated his candidate website and added fiscal discipline as one of his listed top issues.  In fact, he now hosts his fiscal discipline plan on his campaign website.  In the document, he mentions the following:

The cost of our debt is one of the fastest growing expenses in the federal budget. This rising debt is a hidden domestic enemy, robbing our cities and states of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of
critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on. … If Washington were serious about honest tax relief in this country, we’d see an effort to reduce our national debt by returning to responsible fiscal
policies.

Faced with the choice of the McCain and Palin team, a handful of unqualified third parties, or Obama and Biden, I voted the only way I could:

With evidence of Obama’s fiscal plan, why did I only reluctantly vote for him and Biden?   Despite his words, Obama is not really serious about fiscal discipline. As I mentioned, he only added it to his campaign issues list after August when he realized Americans wanted it.  Since that time, he has reverted once again to embracing reckless fiscal policies, runaway government spending, and fruitless handouts to ignorant financial CEO’s and underwater home owners.

Like virtually every president before him, Obama has cracked under pressure to spend more.  He hasn’t even been inaugurated yet, but already he has flip flopped again, and abandoned his call for fiscal discipline.

The consensus is this: We have to do whatever it takes to get this economy moving again — we’re going to have to spend money now to stimulate the economy. … [W]e shouldn’t worry about the deficit next year or even the year after; that short term, the most important thing is that we avoid a deepening recession.

Obama is now planing a massive drunken deficit spending spree stimulus plan that is rumored to be in excess of $1 trillion.  That’s an additional $1 trillion on top of the trillions of dollars already handed out to greedy and incompetent CEO’s everywhere.  That’s $1 trillion of new unfunded government spending on:

  • Direct bailouts of irresponsible mortgage borrowers
  • Tax cuts
  • New infrastructure projects
  • Spreading broadband access
  • Promoting healthcare information technology
  • Renewable energy projects
  • Bailing out state and local governments overrun with their own bout of fiscal recklessness