Tag Archive | "government spending"

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Obama Rejects Reality as “Politics of the Moment,” Embraces Politics of Fear

Obama Rejects Reality as “Politics of the Moment,” Embraces Politics of Fear

Listening to President Barack Obama and other top Democrats on the subject of health care, one could be forgiven for thinking commercial medicine itself is on the verge of collapse, and that most of us soon will be completely unable to access decent medical treatment.  In response to criticisms from GOP lawmakers and gloomy CBO projections, Obama re-emphasized what he insists is a need for immediate, drastic reform.  He dismissed the illumination of the fiscal insanity of his prized health care plan…

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Posted in Healthcare, Insurance, Personal LibertyComments (2)

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Just How Much is $13 Trillion?

Just How Much is $13 Trillion?

Regardless of your political party or ideological leanings, the notion of the federal government spending $2 trillion, adding to the national debt of nearly $11 trillion already, should make you stop and consider the staggering size of our national tab.

If the irony of using debt-based spending to solve a problem caused by debt-based spending has escaped you, perhaps these fun facts will put things into perspective:

If you spent $1 every second, you’d have to keep spending for 412,000 years to get…

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Posted in Bailout Watch, Economy, Features, Stimulus to Nowhere, ZeitgeistComments (7)

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Socialism: It’s Already Here!

The candidates in the recent presidential election argued about whether one of them was advocating socialism.  Actually, it looks like we’re already there.  An ever-growing share of economic activity is ending up under government control.  Reports USA Today:

The government’s spending surge to ease the financial crisis and a worsening recession is increasing the federal share of the nation’s economic activity close to $1 out of every $4, the highest level since World War II, an analysis of current and projected…

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Posted in Bailout Watch, Economy, Politics as UsualComments (2)

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