Big Government -- Seton Motley --
(Someone needs to introduce these people to Reality. Here in Reality, life isn’t fair. The sooner they realize this – and stop trying to use government to make it so – the better off we all will be.)
The American people are overwhelmingly underwhelmed by the President’s latest bit of Leftism. (Not to mention many Congressional Democrats.) I wonder why?
Perhaps it’s the fact that the federal government has increased its per annum spending by 29% in just the last four years – from $2.73 trillion to $3.82 trillion.
During the depths of the Great Recession – when the private sector was least equipped to shoulder the gigantic new burden.
And that a return to 2007 spending levels would negate most of our deficit problem, and begin to work dramatically on our debt problem – without raising taxes a cent.
As Solyndra yet again reminds us, the federal government was not designed to be a venture capital firm. Because they have for one hundred-plus years proven utterly incapable of identifying good ways to “invest” (read: spend) our money. In a pathetic attempt to create (or save?) jobs – or for any other reason.
We the People see the government taking and wasting more money than ever before – and are thusly less than enthusiastically receptive to President Obama’s call for anyone to fork over any more coin.
Especially when we know that there simply aren’t anywhere near enough “rich” people to tax our way out of this spending-induced mess.
The wealthiest 1% of the population earns 19% of the income but pays 37% of the income tax. The top 10% of earners pay 68% of the tab.
Meanwhile, the bottom 50%…now earn 13% of the income but pay just 3% of the taxes…. (S)ome 45% of American income earners paid no income tax at all in 2010.
Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com
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