• The vaunted “Clinton Surplus” was, in fact, the work of a GOP House that was willing to fight for fiscal sanity (current Ohio Governor John Kasich was one of the architects of the surplus); in addition, two events conspired toturbocharge the economy — in spite of Clinton, not because of him.
• Liberals like to talk about Reagan’s deficits, but they ignore the fact that every budget Reagan ever sent to the Democrat-controlled House was declared “dead on arrival”. Reagan supported a Balanced Budget Amendment, sought to eliminate useless agencies like the Department of Education, and otherwise believed in the U.S. spending within its means.
• Since the Democrats took control of Congress in 2007, they have jammed through the most fiscally irresponsible spending programs in world history (I won’t use the word “budget”, because they’ve refused to propose a budget for roughly 1,029 days).
In short, Democrats never propose less spending than Republicans — unless we’re talking about defense. And now, after four years of Democrat-controlled spending, the federal government is forced to borrow 40 cents for every dollar it spends.
North Dakota Stuck Using More-Costly Railroads to Move Oil. “Right now, about 25% of North Dakota’s oil travels by rail. According to the CBS News report that ‘will increase exponentially with increased oil production and the shortage of pipelines.’”
Our Dear Leader is clearly against any proven technology and isn’t as really into alternate technology as his leftist supporters wish he was. His history with alternate technology more in line with Solyndra, which was much more of a political payoff than a good investment of taxpayer money.
A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global.
Read the whole thing. It is refreshingly, and brutally honest.
Let us set the Way Back Machine to 1962, when a democrat President presented his plan to create jobs and economic spur growth.
That’s right, dear readers, President Kennedy called for across the board tax cuts and tax reform in order to create jobs, grow the economy, and increase federal revenue.
Perhaps the majority of those who have opposed our Dear Leader since he first appeared on the national scene are right, he is dangerously incompetent, and is completely lacking in any private sector experience.
Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due. Today’s Congress cannot bind a later one for future spending. A future Congress could simply reverse it.
THE FACTS: It’s hard to see how the program would not raise the deficit over the next year or two because most of the envisioned spending cuts and tax increases are designed to come later rather than now, when they could jeopardize the fragile recovery.
THE FACTS: Not all of the president’s major proposals are likely to yield quick job growth if adopted. One is to set up a national infrastructure bank to raise private capital for roads, rail, bridges, airports and waterways. Even supporters of such a bank doubt it could have much impact on jobs in the next two years because it takes time to set up.
Bottom line, our Dear Leader asked for more of his failed policies. More and more of the American people, especially registered voters, are seeing the truth behind his rhetoric.
“The stimulus passed in February of 2009 didn’t go to shovel ready projects. Instead it propped up state and local governments that were broke. What didn’t go to governments was spent on projects without any regard for their return on investment. For example, green light bulb research might be a neat concept, but the short term return on investment is 0. You might even believe that green light bulb research will have positive economic effects in the future-but stimulus is designed to help us today so it’s still a stupid way to spend government dollars. Even if you think stimulus can work, it doesn’t because of politics. This phenomena occurs no matter which party is in charge.”
Mr. Carter goes on to present a simple, proven method used by both democrat & Republican Presidents to stimulate economic growth and job creation. A method that won’t be used as long as our Dear Leader is in the White House and Harry Reid and the democrats control the Senate. It goes against their so-called “progressive” policies, which they will blindly cling to regardless of how much damage they cause the country.
