03 February 2010

Obamanomics: Are You Insane?!?!?

From IBD:

"The proposed budget over the next decade would rack up $45.8 trillion in new spending, $9.1 trillion in deficits and more than $2 trillion in higher taxes on Americans. It will double the national debt held by the public to over $18 trillion, while raising taxes on 3.2 million small businesses and upper-income taxpayers — the very people the administration is counting on to pull us out of recession.

Hahaha, and they want us to believe they are gonna be fiscally responsible. Yeah right.

Deficits are way up too. The projections, the old ones, obsolete. The new projections are 9.1 trillion in the whole. Compared to the previous 7 trillion.

So the spending will also increase by 54%!!! A 54% spending increase, from this 3.8 trillion dollar budget, and a government spending rate that is 24% of the GDP. 24%!!! This is, are you, hjadskfhgakljshdfg!!!! This is just maddening. And they call themselves fiscally responsible. And oh they're not "kicking the can further down the road" yeah with those debt numbers you haven't just kicked the can down so far even the generation 3 generations away from us won't be able to pay this off.

No comments:

Post a Comment