It’s the spending, stupid

Chart in today's Wall Street Journal

That’s all we need to know about Washington. No matter how much we taxpayers send them, they will spend ever dime of it and more.

The Wall Street Journal today in an editorial used Congressional Budget Office figures through the third quarter of the year to show that even though revenues have actually increased in the past two years, spending far outstripped the pace.

Here is the meat of the red meat editorial:

Mull over that one. The Obama years have racked up the three largest deficits, both in absolute amounts and as a share of GDP, since Hitler still terrorized Europe. Some increase in deficits was inevitable given the recession, but to have deficits of nearly $1.3 trillion two years into a purported economic recovery simply hasn’t happened in modern U.S. history. Yet President Obama fiercely resisted even the token spending cuts for fiscal 2011 pressed by House Republicans earlier this year.

11 comments on “It’s the spending, stupid

  1. Steve says:

    I like to say its the Borrowing. The govrnment can spend all it wants in my opinion, they just need to stop the borrowing. You would love the sputtering responses I get.

  2. Just put it on the credit card.

  3. Athos says:

    How do you expect Reid, Pelousy, Øbama, etc to get rich, if they can’t access the National Treasure?

    You want them to get a real job, and create the money themselves?

    Ha-ha-ha-ha-ha!

    You don’t “reason” and “compromise” with the fox when he’s in the hen house.

    You get rid of the fox.

    Correct?

    The problem is knowing who ISN’T a fox, when they ALL appear to be!

  4. Athos says:

    Tom, thanks for all you do. My constant complaint is a federal government that spends SO much money, that no one can “follow the money”. Cuts aren’t cuts (in the term I use). And NO ONE holds their feet to the fire.

    And when they do, nothing happens! How much money was actually stolen in the Solyndra affair? For the purpose of my example, let’s say $500 million (sounds so paltry after considering the $3.7 Trillion budget, doesn’t it?)

    If you’re a family making $37,000 a year, and your kid steals $5; would you miss it? What if her brother ratted her out and you knew had to stop this thievery? What if she brought over all her friends and they too, stole $10?

    What if her defense was, “you told me I could have it, Dad”?

  5. Athos says:

    My point is, how can we connect with the general American public to put an end to this “same old, same old”?

  6. I honestly don't know.

  7. Steve says:

    Took a long time to dig this hole, if it ever gets filled in it will take at least as long and twice the effort.

  8. Athos says:

    But we’ve got to start sometime, Steve. Why not now?

  9. Steve says:

    Constant effort, Athos. Takes more than just a few working at that. Already begun.

  10. Bruce Feher says:

    Just like this Athos, it’s slow going but so was the creation of the Grand Canyon.

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