"Spending your money wisely," Obama says. WHAT A BUNCH OF BULLSHIT!
"Red ink keeps me awake at night." What? Obama thinks it needs to be Florescent RED?
Discretionary spending under President Obama has increased 84%. But more importantly, notice how eagerly the President attempts to make it seem like he had no choice in the matter by shifting the blame for our nation's deficits to other administrations.
Earlier in that same Q&A, the President said he did not want to "re-litigate the past" (BLAME BUSH) O.K. fair enough. Our focus should be on our future policies, and the budget the Obama administration released yesterday is a great place to start. Heritage Foundation fellow Brian Riedl has completed an analysis of the budget released yesterday, and this is what President Obama's policies would do:
- Permanently expand the federal government by nearly 3 percent of gross domestic product (GDP) over 2007 pre-recession levels;
- Raise taxes on all Americans by more than $2 trillion over the next decade (counting health care reform and cap and trade);
- Raise taxes for 3.2 million small businesses and upper-income taxpayers by an average of $300,000 over the next decade;
- Leave permanent deficits that top $1 trillion in as late as 2020; and
- Double the publicly held national debt to over $18 trillion.
Spending Freeze? Spending Cuts? Does anyone but a frigging Damned Idiot really think this amounts to anything more than a headlong dive into Socialism and Bankruptcy?
2 comments:
Watch how our foreign DEPT will start to work our foreign policy! We need jobs to increase revenue so we can at least pay some of this damn debt off! It won't be long till Asia is calling the shots on our policies!!!!!
it's already started down under. Austrailia was gonna up their interest rates today and china said no way .......thay didn't !
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