Why does Paul Ryan scare the president so much? Because Obama has broken his promises, and it's clear that the GOP ticket's path to prosperity is our only hope.
I was a good loser four years ago. "In the grand scheme of history," I wrote the day after Barack Obama's election as president, "four decades is not an especially long time. Yet in that brief period America has gone from the assassination of Martin Luther King Jr. to the apotheosis of Barack Obama. You would not be human if you failed to acknowledge this as a cause for great rejoicing."
Despite having been - full disclosure - an adviser to John McCain, I acknowledged his opponent's remarkable qualities: his soaring oratory, his cool, hard-to-ruffle temperament, and his near faultless campaign organization.
Yet the question confronting the country nearly four years later is not who was the better candidate four years ago. It is whether the winner has delivered on his promises. And the sad truth is that he has not.
In his inaugural address, Obama promised "not only to create new jobs, but to lay a new foundation for growth." He promised to "build the roads and bridges, the electric grids, and digital lines that feed our commerce and bind us together." He promised to "restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its cost." And he promised to "transform our schools and colleges and universities to meet the demands of a new age." Unfortunately the president?s scorecard on every single one of those bold pledges is pitiful.
In an unguarded moment earlier this year, the president commented that the private sector of the economy was "doing fine." Certainly, the stock market is well up (by 74 percent) relative to the close on Inauguration Day 2009. But the total number of private-sector jobs is still 4.3 million below the January 2008 peak. Meanwhile, since 2008, a staggering 3.6 million Americans have been added to Social Security's disability insurance program. This is one of many ways unemployment is being concealed.
In his fiscal year 2010 budget - the first he presented - the president envisaged growth of 3.2 percent in 2010, 4.0 percent in 2011, 4.6 percent in 2012. The actual numbers were 2.4 percent in 2010 and 1.8 percent in 2011; few forecasters now expect it to be much above 2.3 percent this year.
Unemployment was supposed to be 6 percent by now. It has averaged 8.2 percent this year so far. Meanwhile real median annual household income has dropped more than 5 percent since June 2009. Nearly 110 million individuals received a welfare benefit in 2011, mostly Medicaid or food stamps.
Welcome to Obama's America: nearly half the population is not represented on a taxable return - almost exactly the same proportion that lives in a household where at least one member receives some type of government benefit. We are becoming the 50/50 nation - half of us paying the taxes, the other half receiving the benefits.
Niall Ferguson discusses Obama's broken promises on "Face the Nation."
And all this despite a far bigger hike in the federal debt than we were promised. According to the 2010 budget, the debt in public hands was supposed to fall in relation to GDP from 67 percent in 2010 to less than 66 percent this year. If only. By the end of this year, according to the Congressional Budget Office (CBO), it will reach 70 percent of GDP. These figures significantly understate the debt problem, however. The ratio that matters is debt to revenue. That number has leapt upward from 165 percent in 2008 to 262 percent this year, according to figures from the International Monetary Fund. Among developed economies, only Ireland and Spain have seen a bigger deterioration.
Not only did the initial fiscal stimulus fade after the sugar rush of 2009, but the president has done absolutely nothing to close the long-term gap between spending and revenue.
His much-vaunted health-care reform will not prevent spending on health programs growing from more than 5 percent of GDP today to almost 10 percent in 2037. Add the projected increase in the costs of Social Security and you are looking at a total bill of 16 percent of GDP 25 years from now. That is only slightly less than the average cost of all federal programs and activities, apart from net interest payments, over the past 40 years. Under this president's policies, the debt is on course to approach 200 percent of GDP in 2037 - a mountain of debt that is bound to reduce growth even further.
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Mar 11, 2008 - "My friends, we live in the greatest nation in the history of the world. I hope you'll join with me as we try to change it." -- B. Hussein Obama
"The Rise and The Fall of Great Civilizations - From Apathy to Dependence to Slavery"
• http://www.corson.org/archives/sociological/S27_090109.htm
by 'The Corsons', John and Janice Corson
(John is a member of the American Conservative Union and the Federalist Society.)
Judica me, Deus, et discerne causam meam de gente non sancta.
Do me justice, O God, and distinguish my cause from the nation that is not holy.
- Psalms 43 KJV, 42 Douay Rheims
2nd Amendment TV (videos)
"The American Revolution would never have happened with gun control."
E.W. Jackson (R-Va)
May 18, 2013
Alan Keyes,
"He must be stopped or the United States will cease to exist."..."We are in the
midst of the greatest crisis this nation has ever seen...chaos, and civil
war...an alleged usurper...destroying our borders...infanticide...this is
insanity...we are claiming that a bankrupt government can save a bankrupt
banking system...this is insanity.." (19Feb09)
Evans Law of Inadequate Paranoia:"No matter how bad you think something is, when you look into it, it's always worse." -- M. Stanton Evans, author "Black Listed by History, The Untold Story of Senator Joseph McCarthy" (published 2007)
source: Glenn Beck TV show, Th.24Jun10 interview
(http://harrolds.blogspot.com/2010/06/glenn-beck-ezra-taft-benson-warning.html)
Tea Party Arrests=0
Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!
"The American Republic will endure, until politicians realize they can bribe the people with their own money."
-- Alexis de Tocqueville [Alexis Charles Henri Maurice Clerel, le Comte de Tocqueville] (1805-1859) French historian
The U.S. Deficit in 2007 was $9,007,653,372,262.48
The federal government has accumulated more new debt -- $3.22 trillion ($3,220,103,625,307.29) — during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury."
-- By Terence P. Jeffrey, CNSNews.com
(Read The Full Story)
Click Here for videos, graphs, movie & U.S. National Debt totals. 3 years ago: The Debt ~ $125T+! Then Obama: Up $22T+ in only 3 years! $22T to $26T+by 2015! Since November 2011 to January 2013 he has added $2 Trillion to the deficit! States' Unfunded: $3.2T+! (Dec10) From Jan'09 the deficit: $10.2T→$14.6T up $4.3T/42%! -- Federal unfunded liabilities total $84 trillion .. equal to 5.7 percent of the present value of all future GDP, which translates into about 31 percent of the long run federal revenue estimate,” the report states. “Thus federal revenues would have to rise immediately and permanently to 24.1 percent of GDP to cover the fiscal imbalance.” (source: http://dailycaller.com/2012/07/16/report-federal-unfunded-liabilities-total-84-trillion/)
Also, see the blog videos below at http://harrolds.blogspot.com/2009/09/national-debt-how-come-how-much-who-do.html What were you doing in the last hour while the U.S. Gov't spent $188 Million Dollars of our money! (Every Hour, Every Day!) (Apr11) In 8 years, President Bush added $5 trillion to the national debt; President Obama, according to a revised Dec11 GAO report, added $4T+ to the U.S. deficit in 2011 alone! The GAO estimates the deficit, including o'scamcare & mandates, may grow from $15T+ to over $26T+! UPDATE: A little-noticed event occurred at approximately midnight on Monday, October 31, 2011. The National Debt exceeded the GDP! Imagine what these numbers are going to be now that Obama is reelected! (src)
A trillion seconds pass in 31,688 years. At $1/sec it would take 41,194 years just to pay off o'tax'n spend's new Feb12-Feb13 added debt - 538,696 years to pay only the national debt or 4,404,632 years to settle the debt+unfunded liabilities!
"Over the last four years our national debt has risen nearly $6 trillion, and just last week the debt topped an astounding $16 trillion. To put that in perspective, $16 trillion is enough money to fund the US military, along with the military of every NATO country combined… for the next sixteen years! Government spending is projected to hit $3.8 trillion this year alone. Even after every tax dollar paid by Americans has been counted, the government will still overspend by another $1.13 trillion.
Every single second of the day our government spends over $12,000. So in the time it takes you to read this article, roughly five minutes, our government has spent $3.6 million. It take four seconds for the government to spend what the average American earns in an entire year." (source: by Tim Phillips 17Sep12 at TownHall.com)
"Firearms
stand next in importance to the Constitution itself. They are the American people's liberty teeth and keystone under independence … From the hour the Pilgrims landed, to the present day, events, occurrences, and tendencies prove that to insure peace, security and happiness, the rifle and pistol are equally indispensable . . . the very atmosphere of firearms everywhere restrains evil interference – they deserve a place of honor with all that is good." -- George Washington
"The heart of the wise inclines to the right, but the heart of the fool to the left." (Ecclesiastes 10:2)
"For ye suffer fools gladly, seeing ye yourselves are wise." [2 Cor 11:19]
Psalm 109:8 "[W]e ought to deprecate the hazard attending ardent and susceptible minds, from being too strongly, and too early prepossessed in favor of other political systems, before they are capable of appreciating their own." -- George Washington, letter to the Commissioners of the District of Columbia, 1795
Fulton Sheen's "Talk to American Soldiers - The Centurions of Rome 'West Point' (alt src)
It has been suggested that o'who?, the clown, and 'those who surround him' are not the bumbling fools they appear to be. Nor are they one of the 'Three Stooges' but rather are shrewd implementation/drivers and fellow-travelers of policies designed to disarm the citizenry & collapse the American economy. Why? o'nocchio's grandiose scheme to "fundamentally transform America" is more than simple campaign rhetoric as can be seen by his use of "enabling acts" to circumvent the Constitution of the United States. As Ollie used to say, "Well, here's another nice mess you've gotten me into."
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News Briefs: 2nd Amendment, Values, Life, & Muslim Terrorism
"You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the great struggle for independence." -- Charles Austin Beard (1874-1948)
"If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary." -- James Madison, The Federalist No. 51, Independent Journal, Wednesday, February 6, 1788Anti-Federalists and Federalists Papers
"As a nation we have been asleep for years. Lulled by affluence and self-indulgent apathy, our collective awareness has grown dim. This has created an opening for our enemies, one that may ultimately prove fatal. This is the truth and what we do, or don't do, will determine the consequences, for better or worse. It is time to decide." -- truthandcons.blogspot.com
Judica me, Deus, et discerne causam meam de gente non sancta, ab homine iniquo et doloso erue me.
Do me justice, O God, and distinguish my cause from the nation that is not holy; rescue me from the deceitful and unjust man.
- Psalm 43 KJV, 42 Douay Rheims (http://barnhardt.biz)
There are certain universal truths. There is right and wrong. Life is, choice Isn't. The 2nd Amendment is for you and me, not the government.
"We failed to react appropriately to them and, instead, displayed weakness. And, the weak are always beaten." ~~ Vladimir Putin
"We sleep safe in our beds because rough men stand ready in the night to visit violence on those who would do us harm." - George Orwell on a BBC broadcast, April 4, 1942
"An armed society is a polite society." -- Robert A. Heinlein (1907-1988) American writer
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