Thursday, February 27, 2014

Tax and Spend

Exposing Obama's end of austerity lie.
"President Barack Obama has recently released his budget in which he calls for an “end of austerity.” This is an amazing statement from a president whose government has spent the highest percentage of GDP in history and added more to the national debt than all past presidents combined."
Obama never ceases to make me sick to my stomach. I wonder how much suffering through his presidency has cost Americans in health care expenditures.
"The president’s rejection of austerity represents the Keynesian view which completely rejects austerity in favor of the “borrow and spend” — increase aggregate demand — approach to recession. What he really is rejecting is the infinitesimal cutbacks in the rate of spending increases and the political roadblocks to new spending programs. "
Some austerity.
"One particularly promising area for cutbacks is government regulation. Regulation is a burden on taxpayers, discourages entrepreneurship, and makes us less safe. One recent empirical study found that regulation was extremely costly and that “eliminating the job of a single regulator grows the American economy by $6.2 million and nearly 100 private sector jobs annually.” "
Here's the link to the study.

Republicans kill veterans benefits bill in Senate. This sounds like another political maneuver meant to hurt Republicans in November.

$60 million, ridiculously extravagant high school sports stadium shut down because of cracks.

Abba's wild outfits were designed to reduce their Swedish taxes.

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