Posted by on Saturday, January 5, 2013,
Not surprisingly, when it comes to deficit reduction and spending, the only thing the GOP mentions cutting is
"entitlements"-- benefits that Americans have EARNED and have kept our elderly from sinking into the despair of poverty. Yes, health care
costs are rising out of control but that is due to the for-profit
factor. Republicans have long wanted to do dismantle Medicare (and
Social Security) to turn it over to feed the voracious and damaging
appetite of Wall St. However, neither SS no... Continue reading ...
Posted by on Sunday, August 19, 2012,
Long before he became one of the right’s most vocal critics of the idea that government spending could help boost the flagging economy, Mitt Romney's choice for his Republican Presidential running mate, Representative Paul Ryan offered a forceful, full-throated defense of stimulus spending — when then-President George W. Bush wanted it in 2002.Ryan has denounced the 2009 Recovery Act signed by President Obama as “a wasteful spending spree” and “failed neo-Keynesian experiment,” an... Continue reading ...
Posted by on Saturday, June 2, 2012,
Posted by on Wednesday, May 16, 2012,
According to Michael Linden,
Director for Tax and Budget Policy, Federal spending is lower now than
it was when President Obama took office. Linden shared the following in a
recent column:
In January 2009, before President Obama had even
taken the oath of office, annual spending was set to total 24.9 percent
of gross domestic product. Total spending this year, fiscal year 2012,
is expected to top out at 23.4 percent of GDP.
Here’s another
interesting fact. Taxes today are lower than th... Continue reading ...
