Wednesday, October 6, 2010

HUMP DAY FACTS AND FIGURES

Spending. The ugly truth is that Democrats and Republicans have become proficient at growing the size of government and using your tax dollars (and a lot they don't even yet have) to spend money on useless program, regulations and re-election projects. The fact is that our government spends more money on maintaining its own existence and the existence of the moocher class than anything else. Here are just a few facts I've happened upon that should remind you why it is so important to go to the polls in less than one month. Here's the harsh reality: You can't save yourself for our imperial federal government, but you may be able to save your grandchildren.
  • Forty-one cents of every dollar the federal government spends we have to borrow from our kids and grandkids
     
  • Between 2011 and 2018, Obama would spend $4.9 trillion more than Bush had planned to. That does not include spending in the name of "economic stimulus"
     
  • If Obama had simply kept Bush's spending policies in place, federal deficits over the next eight years would be 60 percent lower. In 2018, we'd have a deficit of just $188 billion, instead of the projected $996 billion under Obama's budget.

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