October 18, 2012
“The 7-Eleven Presidency” [Darleen Click]
…but but, this can all be solved if the dirty, filthy, stinking, cheating richie-riches would just pay a little more!
n the wake of the Treasury Department’s newly released summary of federal spending for 2012, it’s now possible to detail just how profligate the Obama years have been. Here’s the upshot: Under Obama, for every $7 we’ve had, we’ve spent nearly $11 (or, to be more exact, $10.95). That’s like a family that makes $70,000 a year — and is already knee-deep in debt — blowing nearly $110,000 a year. [...][U]nder Obama, the federal government has acquired $6.846 trillion in tax revenues and other receipts, and it has spent $10.711 trillion — 56 percent more than it has had available to spend.
Moreover, Obama has amassed this historic record of fiscal profligacy even before his centerpiece legislation has really taken effect. If it’s not repealed first, the colossally expensive Obamacare is poised to present grave new challenges to our fiscal solvency — and to our liberty — once it would become a reality on these shores in early 2014.
From last year …
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I can’t believe I missed that debt video from last year. That’s awesome!
That was good.
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