Obama’s Assault on the American Dream

Via The Heritage Foundation.

Big Government Getting Bigger

  • Spending, Spending, Spending: President Obama spent nearly $800 billion on the stimulus bill and then proposed a budget that would increase spending by another $1 trillion over the next 10 years. Spending in 2009 has increased 25%, which is the largest non-war government expansion since the New Deal.

 

  • Creating or Saving Jobs? The President set a benchmark of a 138.6 million jobs in the U.S. economy by the end of 2010. He is currently 6.4 million jobs short. Yet with rising unemployment, the White House continues to take credit for jobs “saved” without any empirical evidence to suggest this is true. The stimulus bill did create jobs in one sector–the government–by nearly doubling the size of several federal agencies and creating a huge bureaucracy.

The rest here: http://www.heritage.org/Press/FactSheet/fs0035.cfm

The projected deficit from the Assclown-in-Chief’s tax/spend/bailout orgy is $9 Trillion.  According to the article,  it could go as high as $12.5 Trillion.   I bet both amounts are too low.

How’s that “change” working out for you?

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