My Blog List

Monday, September 13, 2010

Economic Three Card Monte, or Lies We Can't Believe In

Theftocrats have controlled the US Congress since 2007.  Quite a lot has transpired since then.  The O-bomunists racked up trillions in national debt to
  1. Nationalize health care to the tune of 16% of the economy
  2. Steal GM and Chrysler and give them to the UAW
  3. Finish nationalizing banking with Tony Soprano loans
  4. Legislate the theft of Wall Street's assets
  5. Subsidize communist inspired dinosaur unions with tax money
  6. Redistribute taxes as teacher dues for campaign contributions
  7. Accomplish 5&6 while private unemployment nears 10%
  8. Increase federal spending a record 16% in 2009
  9. Refuse to pass a budget to hide federal squandering of taxes
  10. Create a federal dossier on each US health care patient
  11. Dismantle border control to import millions of illegal aliens
  12. Become the most non-transparent government since Nixon
  13. Use the DOJ to steal elections and intimidate voters
  14. Offer bribes to keep unwanted candidates from campaigning
Now, to to place the cherry atop the banana split that the O-bumunistas are offering the private sector in lieu of jobs--think of Marie Antoinette's derisive retort, let them eat cake--this article reports that the US poverty rate has jumped nearly 2% up to 15%.  The authors reveal that the "number of people in the US who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960's levels that led to the national war on poverty."

This is the "highest single-year increase since government began calculating poverty figures in 1959."  Worse yet, beginning "next year the government plans to publish new, supplemental poverty figures that are expected to show even higher numbers of people in poverty than previously known.  The figures will take into account the rising costs of medical care [Obamacare], transportation [cap and trade], and child care [regulation, tax on small businesses], a change analysts believe will add to both the ranks of seniors and working-age people in poverty."

They have done a marvelous job, these geniuses.  Small and mid-sized businesses are failing left and right and unemployment hovers around 10%.  Now, they want to raise taxes on the very people who are best able to create badly needed private sector jobs.

When November finally arrives, remember how they arrogantly shoved WelfareHealthCare down our throats and then gloated about it.

May your gods be with you.

No comments:

Post a Comment

Rational civil discourse is encouraged. No vulgarity or ad hominem attacks will be posted.