Filed under: Capitalism, Democrat Corruption, Economy, Progressivism | Tags: 2013 Budget, Refusing to Address the Problem, The National Debt
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The marvelous Michael Ramirez has a gift for the visual metaphor. Obama went on and on for months with his idea of Republicans putting us in the ditch, and ‘R’ for reverse and Republican, and ‘D’ for drive and Democrat. You can see his wonderful political cartoons ever day at Investors.com, and purchase his book containing many of his best as well.
This time it’s Obama and crew who are driving us into the pit. It seems incomprehensible that they can look at our budgetary situation and resort to budget gimmicks that actually increase spending, and do nothing to actually improve our budget mess. He even wants another $300 billion or so for another stimulus.
Filed under: Capitalism, Economy, Health Care, Law, Politics, Taxes | Tags: Headed In The Wrong Direction, Obama's Spending Record, The National Debt
The national debt is now up to $14,639,000,000,000, or was a few days ago.
When Barack Obama took the oath of office on January 20, 2009, the national debt was $10,626,000,000,000. Our national credit rating was AAA, and the unemployment rate was 5.7 percent.
In only 945 days, Obama has spent $4,247,000,000,000. And it’s growing by about $3 million a minute.
In 2008, when George W. Bush was president, according to Gallup, 14.9 percent of adult residents of the United States lacked health insurance coverage. That increased to 16.4 percent in 2010, the year that Obama signed the law requiring that all Americans have health insurance. In the first half of this year, the percentage of adults in the United States lacking health insurance increased to 16.8 percent in spite of a concerted effort to sign people up.
Only half of American pay federal income tax.
45.8 million Americans are receiving food stamps
More than 11 million American families own homes where the mortgage now exceeds the value of their homes. The poverty rate has climbed to 15.1% in 2010, up from 14.3% in 2009.
When the Affordable Care Act passed, liberals celebrated because of the way that the bill would spread the wealth. Tackling inequality. Uh huh. The official poverty rate — defined as a family of four earning less than $22,314 — rose to 15.1 %, that’s up from 114.3% in 2009 and 12.5% in 2007. The official rate doesn’t include government income transfers, but this increase is faster than during any 3 year period since the early 1980s.
ADDENDUM: In spite of an executive order from President Obama that was praised as a measure to control over-regulation, the numbers of federal regulations and the costs of those regulations on the economy are growing. The Obama administration has imposed 75 major new regulations that cost over $380 billion over ten years. There are 219 more “economically significant regulations” in the works which will cost businesses $100 million or more each year— at a minimum $21 billion over ten years.
Filed under: Economy, Energy, Environment, Foreign Policy, Health Care, Statism | Tags: Taxes, The Deficit, The National Debt, Unemployment
Rasmussen Reports that 71 percent of Americans are Angry at the federal government. That figure includes 46 percent who are Very Angry.
The latest national telephone survey finds that only 27 percent are Not Angry about the government’s policies, including 10 percent who are Not at All Angry.
Men are angrier than women. Voters over 40 are more angry than those who are younger. A majority of those over 40 are Very Angry. Only 25 percent of under-30 voters share that view. And the data suggests that the level of anger is growing. The 46 percent who are Very Angry is up 10 percentage points since September.
Only nine percent of voters trust the judgment of America’s political leaders more than the judgment of the American people. Americans now view being a member of Congress as the least respected job one can hold. Ouch!
Well, polls come and go, but if I were a member of Congress debating the health care bills now being considered, these polling results might just make me stop and think — or then again, maybe not. And that might be the very reason why voters are so very, very angry.