Wednesday, July 22, 2009

A Trillion Dollars Here, a Trillion Dollars There

How much is a trillion dollars? It's difficult to comprehend, but here are some comparisons.
A trillion dollars is equal to $3,000 for every man, woman and child in the United States.
A trillion dollars is bigger than the entire Gross Domestic Product (GDP) of Australia.
Obama has a 2009 Fiscal Year (Oct. 1, 2008 to Sept. 30, 2009) of $3.94 trillion compared to only $2.18 trillion of revenue, or a deficit of $1.86 trillion; four times that of the Bush deficit in FY2008.
Obama's programs will continue to run trillion plus deficits for ten years, doubling the National Debt of all other administrations since this country was founded.
Obama and the Democrats created fear and uncertainty with talk of a catastrophe in order to pass the Economic Stimulus Package of $787 billion which has almost no stimulus in it, but contains mostly Congressional Democrats' pet programs on borrowed money.
Obama has continued the ill-conceived Bush TARP program to bailout failed financial institutions, insurance companies and GM, a bill passed with a Democrat Congress, to spend over $700 billion for companies that should have been allowed to fail, but with bailouts Obama gets control of major parts of commerce and manufacturing in the United States.
Obama and the Democrats want to pass the so-called "Cap and Trade" bill to reduce carbon emissions which will cost the American taxpayer over one trillion dollars over ten years through much higher energy costs for little impact on the environment but big profits for special interest companies like GE and individuals like Al Gore.
Obama and the Democrats want to pass a Universal Health Care bill which will cost the American taxpayer a minimum of $1 trillion over ten years (this is what the democrats admit to), but based upon the gross type of underestimates in costs that occurred with Medicare since its inception, Obamacare will csot several trillion dollars over ten years. Obamacare is simply designed to drive out private health insurance, but will not result in lower cost and will restrict health services, medical tests and the availability of life saving drugs as occurs in Canada and England. Obama has said that he believes in "single payer" health system, which means that the government is the "single payer". Obamacare is modeled ,in part, after the Massachusetts' mandatory health insurance plan passed in 2006 which is falling apart because it doesn't control costs, but a state alone cannot force a "single payer" system as can Obama at the federal level.
THIS IS CHANGE YOU CAN BELIEVE IN?
NO!!!!
IT'S JUST THE OLD STYLE TAX AND SPEND LIBERALS IN CONGRESS LED BY AN OLD STYLE SOCIALIST IN THE WHITE HOUSE; A PERFECT MARRIAGE, UNLESS YOU'RE A WORKING TAXPAYING AMERICAN.

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