. . . is packed with staggering ignorance.
Is Mr Obama listening to any actual economists?
Here’s what he didn’t tell you: *taxes will raise by $2 trillion dollars in the next ten years.*
And he’s “saving” some $300 billion dollars — ? That’s a veritable drop in the bucket. The federal government spends $300 billion on Kleenex tissues for employees.
His so-called “spending freeze” would save roughly 1%. It isn’t remotely enough.
In the meantime, he’s also expanded the federal employee workforce to 2.15 million. That excludes postal service workers.
The entire federal budget is predicated upon a lie that Mr Obama and his handlers have instigated from the start. They have prepared the American Public, smoothed us, soothed us, used dulcet tones, applied mesmerization techniques — in order to acquire the electorate’s “buy-off” on It’s The Previous Administration for ________ (fill in the blank).
That will always be the excuse. Already, after the first year, it’s running threadbare.
Continued federal spending is insanity. Plain and simple.
BZ
BZ,
The new budget is breathtaking in its stupidity. Your question about asking any economists? They can be bought just like climatologists, whatever the hell that is.
Once the data began to prove faulty “Global Warming” became “Climate Change.” Thankfully, we Americans are stupid and can’t tell the difference. After all, it’s science, right? As they say, “First the deity was scientized, then science was deified.”
There are as many economic theories as there are stars in the universe. Obama apparently had his mind made up and just had some of his lackeys fill in the numbers.
The fiscal insanity has a purpose. Vat ist los? (what is it)…
Increasing the federal workforce. For tighter governance?
…Who knows what evil lurks in the hearts of men.
The Obot knows…
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It is breathtaking. Note that we are spending 663 billion on defense (a nearly 60 billion dollar increase)coupled with an over 18% increase in homeland security (total 47.5 billion) My personal fave is $105 billion on “other”. We either have to increase taxes or cut spending. Personally, I think that we need to do both. you need to look at the mandatory spending (soc. sec, medicare-caid-etc.) and defense and homeland security.
It is ridiculous that they are projecting that the deficit will “only” be $500 billion by 2013. And for all of this spending what do we get? Stupid wars that are doing NOTHING but wasting cash by the boatload, and bonuses for Wall St. They are also saying that unemployment will only get down to 7.9% by 2012. Unless Obama and the Republicans can solve these problems, he will be a one termer and many Republicans will also be looking for jobs in the private sector in 2012.
Tim,
$105 Billion on other? That’s government at its finest. Good comment.
The real problem is that ALL of Obama’s staff have never ever had to work for a paycheck.
Real work, I mean.
Therefore, the staff is dealing in “monopoly play money”, and not REAL money.
None has had to work hard at a gas station, etc.
All are socialist left elitists!!
Most politicians are schmoozers to some extent.
But BHO? Well, he’s the biggest schmoozer in my memory.
What gets me is that people actually believe what he says, never mind any FACTS!
Everytime he opens his mouth many believe his lying words, but each time the numbers grow smaller as more and more see the lies and half-truths. His numbers will continue to fall as the debt rises—many are now awake and watching this weasel, this liar!
We went for over 140 years without Social Security… and in 71 years with it the costs are running away due to demographics that were predicted 20 years ago.
Over 160 years without Medicare/Medicaid, and now those costs skyrocket out of control.
Between 1789 and 1914 the dollar lost only 5% of its value… with the Federal Reserve we have lost 95% of the value of the dollar in 96 years. Plus its taken the exact wrong policy to help cause two of the greatest financial problems ever seen in the Nation after paying our debt to France for the Revolution.
In the 140 years before the FHA we had a known and conservative lending practice for homeownership, since the FHA, Fannie, Freddie and Ginnie we have now gotten the largest housing bubble ever and folks who walk in with no money down, no job, no assets and able to get a mortgage.
Am I the only one to see that when our government was kept out of our lives we ran small deficits, had a manageable debt load and did not get runaway problems in areas of life that are no business of the federal government? These ‘good things’ and ‘regulations’ that are supposed to be so freaking wonderful have done just the opposite because government cannot take care of all of us as individuals and can barely figure out how to take care of the Nation as a whole.
Cash us out of these huge ‘entitlements’ that are making us bankrupt: in the era when $2 trillion just can’t be found to pay for splendiferous government, throwing that on the debt and SSN, Medicare and other programs out the window, along with all the MAEs and MACs plus the Federal Reserve would be a damned good start towards fiscal stability on the National level.
Having a bleeding heart for the ‘nice things’ that ‘should’ be done is not a good reason to get bleeding wrists doing them when we survived perfectly well as a Nation, became an economic powerhouse from a set of colonies, without them. We have made a mistake and can step away and say so, and that we will pay our debts by ending the obligations now. In a few years you won’t have that choice, and then things get really bad and the only way to liquidate the debt is to liquidate the government… or turn into a huge banana republic in which we are all poor and have no liberty left to us.
Interesting. No mention of AIG multi million dollar bonuses and their gift from Bush today. Just the usual cheap crap