President Obama and his associates on the left follow the Keynesian theory of economics, the idea that when economies wane, government deficit spending will reignite the flame. To that end the Obama administration has spent trillions of dollars in 4 years, around 40 percent of which has been borrowed, and on which the country is now paying interest.
The national debt stood at $10 trillion when Barack Obama moved into the Oval Office just four short years ago. That nearly incomprehensible amount represented the unbridled deficit spending of generations of left-leaning presidents and congresses—Democratic and Republican.
Today the national debt stands at $16.6 trillion, more than a 60 percent increase in so short a time. If the congress complies with the President’s demands for increased spending, the national debt will exceed $18 trillion by next year.
What’s the problem, you ask?
When Americans turn off the alarm clock and hustle off to work, the first $1.2 billion they generate every day must be siphoned off of the economy just to pay the current interest on the national debt. That amount grows each day as additional money is borrowed to run the government, and as unpaid interest on the debt compounds.
The federal budget is up to $3.8 trillion a year, with multiple stimulus packages filled with crony payoffs and pork barrel spending wasting additional trillions, without any economic return to the American people. The economy is worsening, with real unemployment and underemployment over 15 percent.
Government leaders should have put the country on a fast-track to pay off the national debt 20 years ago . . . and 10 years ago . . . and 3 years ago. Those on the left boisterously proclaim that the only answer is to raise taxes. We challenge the left to demonstrate to the public when raising taxes has ever improved the economy. In fact, it has never happened. It is when taxes are slashed that money is freed up and businesses invest in new jobs, putting people to work and heating up the economy. President Kennedy proved this, as did Ronald Reagan.
Time after time Keynesian economics has failed. So why do our universities still tout it as the model for our own economy? Why are our government leaders drawing all available dollars, current and future, into the abyss of federal spending? How many jobs were created with the shovel ready projects promised by President Obama as he highjacked nearly $900 billion in the first stimulus package?
Debt creates poverty. Ever family knows this. Those who frequent the check cashing-payday loans establishments have learned the hard way that it is a recipe for financial disaster. So when will our government leaders learn the lesson? We recall well as Jimmy Carter addressed the nation and scratched his head in confusion as he explained that he had implemented all of the university approved, liberal orthodox policies, yet the country appeared to be languishing in a “malaise.” These are people that don’t seem to learn from past mistakes. Debt equals poverty. Perhaps this is why Americans are becoming poorer with every passing day.
Publius


the para-police organization the Ansar el-Sharia forced them to make pro-Islam declarations and insult the late Coptic Pope Shenouda. The claims came a day after another Copt arrested in the roundup was buried after dying while in Libyan custody. His family says he was tortured, as well.
As the propaganda press stirs up the occupying proletariat in our nation, and our streets become filled with couch potatoes demanding their fair share of that which has been earned by others, the insanity and impossibility of the scene serves as ample proof that too much weed indeed dulls the human brain’s ability to reason.

We observed a brief exchange in social media between a liberal and conservative, based on a quote posted by the liberal: “A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death.” Martin Luther King, Jr.













At a time when the American people can no longer afford politics as usual, and re-elected a GOP majority in the House to protect them from socialistic tax increases, the GOP led House has caved on a Senate bill that substantially raises taxes on many Americans.
A few days ago a young Hispanic man from Portland, Oregon stole a semi-automatic rifle and went into a suburban shopping mall to kill as many people as he could. Coward.
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