Thursday, April 14, 2011

Fwd: Obama & his Democrats increased the federal budget by 29% in just the last four years





 

 

 

 

 

 

 

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Obama and his Democrats increased the federal budget by 29% in just the last four years

Description: http://pajamasmedia.com/tatler/files/2011/04/obama100.jpgby Seton Motley

President Barack Obama today delivered his own personal Communist manifesto, fraudulently proffering a fantasy history of our nation as a massive Leftist collective – so as to justify his continued assault on our national bank balance.

"We would not be a great country without those commitments" to Medicare, Social Security and Medicaid Obama absurdly asserted.  Which means he thinks we were never great prior to 1935 – when Social Security was unconstitutionally passed into being.

Most Americans would, I think, disagree with Obama's ideologically self-serving assessment.

President Obama's collectivist assault on the federal budget has in fact been unprecedented.  His $1 trillion alleged "stimulus," his budget busting ObamaCare, his bailouts of banks and car companies, Cash for Clunkers, Cash for Caulkers, etc., etc., ad nauseum – will leave us with more debt accumulated in his first term than all 43 of his predecessors COMBINED.

To put his fiscal insanity in perspective, some numbers:

2007 Federal Budget:  $2.73 trillion.

Note: This was the last all Republican budget – the House, Senate and White House were at the time all run by the Rs.

2011 Federal Budget:  $3.82 trillion.

Note: This is an estimated total.  Because the Democrats that were at the time running the House, Senate and White House didn't write a budget – because they were afraid to go on the record with how much they actually wanted to spend in advance of the 2010 election.

Meaning – it could have been WORSE.

That is a $1.09 TRILLION increase – in just the last four years.  A 29% increase – in just the last four years.

As we have all along said – it's not a revenue problem, it's a SPENDING problem.

An Obama "solution" to this problem- largely of his making – appears to be a tax rate hike.  A desired return to the Clinton-era 39% tax rate on the "wealthy."

The vast majority of whom – looking at the  "necessarily skyrocketing" prices the Obama Economy has produced for gasoline, food, rent, mortgages and a whole host of other Obama Era luxuries – would be surprised to learn that they are in Obama Speak "wealthy."

So we the Right offer a proposal.  We'll return to the Clinton-era tax hike rate – if we can also return to the Clinton-era rate of government spending.

2001 Federal Budget: $1.9 trillion.

Deal?

 

 

Seton Motley

President

Less Government

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