US Action News

If you were to run your own household on a constant deficit that is quadrupling in four years, you are in terrible trouble and are going bankrupt.

In just a few years, Obama’s policies will mean the U.S. will be spending more on just the interest than on our entire national defense budget.

San Bernardino, California told citizens to “lock their doors and load their guns” because there is not enough money to pay for adequate police protection any longer.

In a competitive global economy, for instance, it is bizarrely self-destructive to increase the double taxation of dividends and capital gains.

We are so far passed the fiscal cliff that the U.S. is unlikely to be able to borrow its way out of this huge debt. Cox and Archer said that “Borrowing on this scale could collapse the capacity of global capital markets—and bankrupt not only the programs themselves but the entire federal government.”

Americans are in denial about the simple fact that our national debt is the biggest threat to our national security.

Sequestration alone is not an adequate response to reducing debt, but it is a good first step.

The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.

Obama, like many of our politicians, is a con man. .. Anyone applying for a decent job or trying to get into a decent school would have been required to disclose more background information than Barack Obama has revealed to the American people. .. Obama will someday be regarded as one of the greatest con men of all time.

Obamacare, expiring tax cuts and continued Marxist ideology of tax, tax and more tax have virtually assured a new recession which will be hard for Obama and his sycophant press to blame on George W. Bush. This is the first president to create more excuses than jobs. America seems to have had another collective brain fart. Too bad the rest of us will have to live under the consequences.