Tuesday, April 3, 2012

The NO-Bama Budget

Interesting that President Obama is criticizing Paul Ryan's budget as radical, yet the Paul Ryan budget was approved by Congress by a vote of 228-191, while the budget submitted by Barack Obama did not receive any votes.  That's right the vote in Congress for the Obama budget was 0-414.  Which one is radical?

I guess the Ryan plan would be considered radical if balancing the budget and only spending within your means is radical.  Or perhaps the President believes that lying to the American people about the sustainability of Medicare and Social Security as they currently exist, will somehow endear him to voters.  Only an idiot or someone looking to deceive the public, would honestly tell people we can continue these programs as they are currently designed.

So instead of offering constructive alternatives all this President does is whine and complain about ideas presented by others.

We have a serious financial situation in this country and the solution from this President is to spend more.  This President believes we simply need to tax the rich more.  As I have pointed out in previous posts, even if you tax the 1% at 100%, there is not enough revenue to close the gap created by this President.

Since Obama’s inauguration, the federal debt has increased by $4.2 trillion. That is more than ALL the debt racked up from the birth of our country through President George H.W. Bush, according to CNS News. That is the real difference in the Ryan plan vs. the Obama plan.  Obama plans to keep spending and increasing this enormous debt load on the country.  A burden our children and grandchildren can not afford.

Everyone would agree that Greece is all but bankrupt with debt per citizen of over $50,792, but what many don't know is the this number is just as bad for the US at $49,842.  If you look at the chart below you can see that the trend is not encouraging.


Unless we start dealing with the real problem - SPENDING - this will only continue to get worse.  The choice is really clear.  Do you want more Government spending and more taxes or lower taxes and smaller government? 

We need to learn to spend within our means as a country.  The only message these politicians understand is the message we send through the voting booth.  So make your voice heard in November!!

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