By Jonathan E.P. Moore, and Friends of America!
AMERICA IS BETTER OFF WITHOUT THE LIKES OF BERNIE SANDERS AND HIS PROGRESSIVE SOCIALIST BUDDIES!!
What ever happened to common sense? We already know that the
progressive left has no clue when it comes to business, and how do we all know this,
because we lived through the last 8 years from hell, and Sanders comments prove
just how stupid these Progressive Socialists truly are when it comes to business! Bernie said:
"Trump has endangered the jobs of workers who were
previously safe in the United States. Why? Because he has signaled to every
corporation in America that they can threaten to offshore jobs in exchange for
business-friendly tax benefits and incentives. Even
corporations that weren't
thinking of offshoring jobs will most probably be re-evaluating their stance
this morning. And who would pay for the high cost for tax cuts that go to the
richest businessmen in America? The working class of America."
Tax benefits, really Bernie? These corporations don’t need a
hand out, but a hand up and a hand off with the regulations which are stifling the
abilities of our home grown companies to compete with overseas companies who are financially blowing American companies away in our own country.
I SAY THAT THE PRIVATE SECTOR CAN SPEND MONEY MORE EFFICIENTLY AND WISER THAN GOVERMENT, AND THOSE COLLECTED TAX DOLLARS SPENT BY GOVERNMENT IS DISCRETIONARY AT BEST, AND WASTED MOST OF THE TIME! WHEN IT COMES TO REALITY, AND THE 'WILL' OF THE AMERICAN PEOPLE, VOTING TRUMP, A VERY GOOD BUSINESSMAN, WILL PROVE TO BE THE RIGHT CHOICE!
What Bernie is failing to see is that for decades this over
inflated bureaucracy under Obama has taxed and spent the American People into $20
Trillion dollars in debt! We had a 35% Corporate tax rate, which was the highest
in the world, and extensive corporate regulations being imposed that caused
companies to move out of America in droves.
When Hillary said that her economic plan would add nothing
to the debt she was referring to tax, regulate, and spend, and if you don’t know what that
means it’s that any money that’s needed for
any government program will just be
gotten by taxing Corporations, the wealthy, and who ever has any money until there is no money, and when you
run out of other people’s money, what’s next?
IT’S TIME TO LET THE BUSINESS PROFESSIONALS DO THE JOB OF
BUSINESS, AND GOVERNMENT TO SHRINK, AND LET THE PROFESSIONALS GET TO THE
BUSINESS OF BUSINESS! BERNIE WANTS THE GOVERNMENT TO CONTROL AND SPEND THE
MONEY THAT THEY GET FROM TAXES ON SUPPORTING AND FUNDING THE UNVETTED ILLEGAL
IMMIGRANTS AND REFUGEES TO THE TUNE OF A TRILLION DOLLARS A YEAR, AND THEN CONTINUING
TO FUND THOSE SANCTUARY CITIES WHO DON’T ABIDE BY THE IMMIGRATION LAWS OF THE
LAND! I SAY LET THE COMPANIES DO WHAT THEY DO BEST, AND THAT’S CREATING JOBS, ECONOMIC
GROWTH, BUSINESS EXPANSION, AND MAKING AMERICA GREAT AGAIN!
HOW CAN ANYONE FORGET ABOUT OBAMA AND HIS VENTURE INTO THE ‘GREEN
ENERGY’ BUSINESS USING TAXPAYER DOLLARS! REMEMBER THIS
OUTSIDER BUSINESSMAN’S SUCCESS RATE, AND AT THE RISK HE TOOK WITH TAXPAYERS
MONEY?
Obama Told America that his Green Investments Would Take the
Country Forward, but Instead all of them Are Going Belly Up and Taking Jobs and
Taxpayer Cash with Them!
Click here> DO YOU WANT TO SEE HOW WELL GOVERNMENT WORKS WHEN TRYING TO COMPETE WITH THE PRIVATE SECTOR?
PRESIDENT OBAMA: THE BIGGEST GOVERNMENT SPENDER IN WORLD
HISTORY!!
The U.S. has never had a President who thinks so little of the American people that he imagines his economic policies could win with a Hillary continuation victory of his agenda, and running onthe opposite of reality. But that is the reality of President Obama today. Waving a planted press commentary, Obama recently claimed on the campaign stump, “federal spending since I took office has risen at the slowest pace of any President in almost 60 years.”
Peggy Noonan aptly summarized in the Wall Street Journal theThe U.S. has never had a President who thinks so little of the American people that he imagines his economic policies could win with a Hillary continuation victory of his agenda, and running onthe opposite of reality. But that is the reality of President Obama today. Waving a planted press commentary, Obama recently claimed on the campaign stump, “federal spending since I took office has risen at the slowest pace of any President in almost 60 years.”
“There is, now, a house-of-cards feel about this
administration. It became apparent some
weeks ago, when the President talked on the stump – where else? – about an
essay by a fellow who said spending growth [under Obama] is lower than that of
previous Presidents. This was startling
to a lot of people, who considered it and found the man had left out most
spending from 2009, the first year of Mr. Obama’s Presidency. People sneered: The President was deliberately
using a misleading argument to paint a false picture! But you know, why would he go out there
waiving an article that could immediately be debunked? Maybe because he thought it was true. That’s more alarming, isn’t it, the idea that
he knows so little about the effects of his own economic program that he thinks
he really is a low spender.”
What this shows most importantly is that the recognition is
starting to break through to the general public regarding the President’s
rhetorical strategy that I've have been calling Calculated Deception. The latter is deliberately using a
misleading
argument to paint a false picture. That
has been a central Obama practice not only throughout his entire presidency,
but also as the foundation of his 2008 campaign strategy, and throughout his
whole career.
Rest assured, Ms. Noonan, that the President is not as nuts
as he may seem at times. He knows very
well that he is not a careful spender.
His whole mission is to transform the U.S. not into a Big Government
country, but a Huge Government country, because only a country run by a Huge
Government can be satisfactorily controlled by superior, all wise and
beneficent individuals like himself.
That is why he is at minimum a Swedish socialist, if not worse. Notice, though, how far behind the times he
and his weak-minded supporters are, as even the Swedes have abandoned Swedish
socialism as a failure.
The analysis by Internet commentator Rex Nutting on which
Obama based his claim begins by telling us “What people forget (or never knew)
is that the first year of every presidential term starts with a budget approved
by the previous administration and Congress.”
Not exactly.
The previous administration, or President, proposes a
budget. The previous Congress approves a
budget. And what Congress approves can
be radically different from what the President proposes.
President Bush began a spending spree in his term that
erased most of the gains in reduced government spending as a percent of GDP
achieved by the Republican Congress in the 1990s led by former House Speaker
Newt Gingrich, in conjunction with President Clinton. But for fiscal year 2009, President Bush in
February, 2008 proposed a budget with just a 3% spending increase over the prior
year. Fiscal year 2009 ran from October
1, 2008 until September 30, 2009.
President Obama’s term began on January 20, 2009.
Recall, however, that in 2008 Congress was controlled by
Democrat majorities, with Nancy Pelosi as Speaker of the House, and the
restless Senator Obama already running for President, just four years removed
from his glorious career as a state Senator in the Illinois legislature. As Hans Bader reported on May 26 for the
Washington Examiner, the budget approved and implemented by Pelosi, Obama and
the rest of the Congressional Democrat majorities provided for a 17.9 percent
increase in spending for fiscal 2009!
President Obama and the Democrats were even more deeply
involved in the fiscal 2009 spending explosion than that. As Bader also reports, “The Democrat Congress
[in 2008], confident Obama was going to win in 2008, passed only three of
fiscal 2009’s 12 appropriations bills (Defense,
Military Construction and
Veterans Affairs, and Homeland Security).
The Democrat Congress passed the rest of them [in 2009], and [President]
Obama signed them.” So, Obama played a
very direct role in the runaway fiscal 2009 spending explosion.
Obama’s first major legislative initiative was the so-called
stimulus, which increased future federal spending by nearly a trillion dollars,
the most expensive legislation in history up till that point. We know now, as thinking people knew at the
time, that this record shattering spending bill only stimulated government
spending, deficits and debt. Contrary to
official Democrat Keynesian witchcraft, you don’t promote economic recovery,
growth and prosperity by borrowing a trillion dollars out of the economy to
spend a trillion dollars back into it.
But this was just a warm up for Obama’s Swedish
socialism. Obama worked with Pelosi’s
Democratic Congress to pass an additional, $410 billion, supplemental spending
bill for fiscal year 2009, which was too much even for big spending President
Bush, who had specifically rejected it in 2008.
Next in 2009 came a $40 billion expansion in the SCHIP entitlement
program, as if we didn’t already have way more than too much entitlement
spending.
But those were just the preliminaries for the biggest single
spending bill in world history, Obamacare, enacted in March, 2010. That legislation is not yet even counted in
Obama’s spending record so far because it mostly does not go into effect
until
2014. But it is now scored by CBO as
increasing federal spending by $1.6 trillion in the first 10 years alone, with
trillions more to come in future years.
After just one year of the Obama spending binge, federal
spending had already rocketed to 25.2% of GDP, the highest in American history
except for World War II.
Moreover, before Obama there had never been a deficit
anywhere near $1 trillion. The highest
previously was $458 billion, or less than half a trillion, in 2008. The federal
deficit for the last budget adopted by a Republican Controlled Congress was
$161 billion for fiscal year 2007. But
the budget deficits for Obama’s four years were reported in Obama’s own 2013
budget as $1.413 trillion for 2009, $1.293 trillion for 2010, $1.3 trillion for
2011, and $1.327 trillion for 2012, four years in a row of deficits of $1.3
trillion or more, the highest in world history.
President Obama’s own 2013 budget shows that as a result
federal debt held by the public will double during Obama’s four years as
President. That means in just one term
President
Obama will have increased the national debt as much as all prior
Presidents, from George Washington to George Bush, combined.
By contrast, under the budget policies supported by
President Obama and Congressional Democrats, federal spending soars to 30% of
GDP by 2027, 40% by 2040, 50% by 2060, and 80% by 2080. Obama’s 2013 budget proposes to spend $47
trillion over the next 10 years, the most in world history by far, increasing
federal spending by $1.5 trillion above the current CBO baseline.
Obama’s budget, in sharp contrast, proposes to increase
federal taxes by nearly $2 trillion over the next 10 years above the CBO
baseline. The budget projects that under
Obama’s tax policies federal income tax revenues will double by 2020, federal
corporate tax revenues will double by 2017, and federal payroll taxes will
double by 2022.
Under President Obama’s budget, his own projections show the
deficit never gets anywhere near balance.
Indeed, the deficit
never gets below or anywhere near the former record
in 2008. By 2022, his own budget
projects the deficit rising over the previous 5 years to $704 billion. But if Obama’s comprehensive tax rate
increases throw the country back into recession next year, the deficits will
soar much higher for several years, to new all-time records.
In stark contrast, on our current course, under President
Obama’s budget policies, federal debt held by the public rockets to 140% of GDP
by 2030, 220%by 2040, and 320% by 2050, on its way to over 700% by 2080. That would undoubtedly create a Grecian style
sovereign debt crisis for America before that point. ~~ By Peter Ferrara, a Friend of America!
THOSE TAX INCENTIVES FOR AMERICA BASED COMPANIES TO STAY IN AMERICA ARE GOING TO MAKE AMERICA GREAT AGAIN AND BUILD A SOLID ECONOMIC BASE FOR AMERICA AND THE FUTURE OF OUR CHILDREN, AND THEY'RE CHILDREN'S CHILDREN!
Friends Of Liberty is a non-partisan, non-profit organization with the mission to protect and defend individual freedoms and individual rights.
Very nice read!
ReplyDeleteThank you!