Just a reminder of the government’s out of control spending: It’s up to over $16.4 trillion and climbing.
Obama, the Democrats, and plenty of Republicans in Congress, would like it if you’d spend the next few weeks talking about gun control. That’s because when you are, you’re not talking about the country’s financial situation.
……Obama has…a debt problem: “The staggering national debt — up about 60% from the $10 trillion Obama inherited when he took office in January 2009…
A recent Gallup Poll reflects that government dysfunction rates pretty high on the list of public concerns.
When the fiscal geniuses in Obama’s regime aren’t seeking advice from LeftProg loonies at MSNBC, they’re pining for an increase in taxes on small businesses so government won’t have to shrink, taxing America out of deficit, raising the national debt limit to infinity or getting rid of it altogether, and a global currency governed by the IMF.
More indicators of the depression:
The Lincolnton Furniture Company, held up by Obama as a shining example of economic recovery, just went out of business.
Federal welfare spending will skyrocket 80 percent over the next decade; welcome news for the 47% of government dependents who don’t work or pay taxes.
Obama has again failed to submit an annual budget, which means he broke the law.
Senate Minority Leader Mitch McConnell (R-KY) has told Obama to ‘get serious’ about spending cuts. Don’t bet on it.
Our credit rating was downgraded again, this time by ratings agency firm Egan-Jones.
Obama is taking America to hell in a socialist hand basket and laughing about it. The libtards who bought the party line about raising taxes on the evil rich, got a rude shock when they opened their paychecks this month and found out that Obama hit the Middle Class, too.
The ‘underemployment rate’ is still high—14.4% and the official unemployment rate is stagnant at 7.8%.
The citizens of the United States of America will have to hit rock bottom before they are forced off their collective asses, and do something about the way they get pushed around by Big Brother Obama.
Don’t stay distracted for too long.
Related posts:
http://sfcmac.wordpress.com/2012/11/30/carney-demanding-sound-economic-policy-is-deeply-irresponsible/
http://sfcmac.wordpress.com/2013/01/02/fiscal-cliff-bill-includes-the-standard-pork-wasteful-spending-and-at-least-4-trillion-price-tag/
http://sfcmac.wordpress.com/2013/01/01/fiscal-cliff-deal-more-taxes-no-spending-cuts/
Related articles
- Barack Obama: Weapon of Mass Distraction (conservativeread.com)