In 2004 Obama said the “monstrous” deficits were “an enormous problem” when the deficit was $413 billion. In 2008 he said increasing the debt would burden our children and was unpatriotic. Heritage Foundation gives 17 reasons he was right then and it’s so much worse now.
Post Tagged with: "income"
April 17, 2012 08:12
25 Signs That Middle Class Families Have Been Targeted For Extinction
The United States once had the largest and most vibrant middle class in the history of the world, but now the middle class is rapidly shrinking and government dependence is at an all-time high. So why is this happening?
May 18, 2011 05:23
Walter E. Williams – Understanding Liberals
The liberal vision of government is easily understood and makes perfect sense if one acknowledges their misunderstanding and implied assumptions about the sources of income. Their vision helps explain the language they use and policies they support, such as income redistribution and calls for the rich to give something back.
April 22, 2011 11:58
Myths About Millionaires
The wealthy disproportionately fund the government. Top 1% of top income earners pay 40% of taxes. Veronique de Rugy debunks myths about US taxes on Bloomberg’s Reality Check, including who the “Top 10%” of earners in America are, and how much they pay in taxes.
December 6, 2010 12:20
The con of the century – Federal Reserve made $9 trillion in short-term loans to only 18 financial institutions. Since 2000 the US dollar has fallen by 33 percent. The hidden cost of the bailouts.
The Fed operated as a global pawnshop taking in practically anything the banks had for collateral.
