US Action News

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

Many businessmen hung on, hoping for a change in the madness that passes for economic leadership and policy. These hopes were dashed with the re-election of the ideologue driving the madness.

Since the election, there has been a massive tsunami of layoffs and business failures. Of course the company that is making the biggest headlines right now is Hostess.

Lewis has important things to tell us about this growing abuse of science, and he offers penetrating insights into many hot-button issues of our time, including evolution, intelligent design, bioengineering, moral relativism, and even the role of government.

The result of this fiscal insanity is that “In 2010, at least 204 companies said goodbye to the state, exactly four times more than fled in 2009. The exodus surged to more than 280 companies in 2011, when they left the state at a clip of 5.4 companies per week.” This just leaves joblessness and economic stagnation in its wake.

In his first five years in office, FDR spent more than the previous 31 presidents combined; in eight years as president, Obama will have doubled the national debt accumulated by all 43 of his predecessors (unless, of course, Uncle Sam’s farcical finances blow up before then).

After two generations of entitlement indoctrination, the socialist welfare state is collapsing under its own unaffordable weight. It is the inevitable result of socialism. Too many Americans still vote a party because of a generation of propaganda molding their beliefs. Too many Americans are still willing to sell their vote and their freedom for a hand out in the form of a tax credit, healthcare, pension bailout, school loan, farm subsidy or a thousand other imagined benefits from a morally and fiscally bankrupt government as long as it is paid for by ‘someone else’.

The environmentalists proposals to tax CO2 emissions is nothing more than a get-rich scheme for those in power, and a sure way to raise cash for more spending, it has nothing to do with the environment or saving the planet, it resembles more environmental piracy.

Canadian Mark Steyn sought the great American dream only to find we “have adopted the policies that have brought the rest of the world to ruin.” … “When the takers are able to out vote the makers, you are a nation in steep decline. and in this case it’s one thing to talk about the redistribution of wealth but we are actually redistributing form the future to the present. We are borrowing money that is yet to be earned by generations yet to be born in order to bribe people with the Obama phones and all the rest right here and now in the present tense. That’s very immoral apart from anything else.”

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.