Thursday, January 3, 2008

U.S. Fed Spending in 2007 Simplified: Why Liberal Programs are DESTROYING the US Economy

Thanks to ShaunKenney.com for finding this gem!

Look at these percentages! I challenge any Democrat reading this to explain to me in financial terms-- the benefit to giving ANY more money to the Federal Government when it spends like this on programs that do not benefit the entire population as was the ONLY PURPOSE of the original federal government (like a national army and things that all states needed in common).

Keep in mind, that this is ONLY FEDERAL programs, not STATE programs... we have our OWN welfare offices/programs here too, along with massive waste machines such as the Department of Education and its trickle-down leach programs (federal, state, and local!)

America has virtually become a welfare state. We now 'invest' more than half our federal money in hand-outs to our citizens rather than business loans and financial stimulants to encourage new industries, jobs, and ensure our financial leadership in the world.

Now, the Canadian dollar, the Euro, and other international currencies far surpass the value of our dollar, which was, as little as a couple of decades ago, second only to the Brittish Pound in buying power.

We'd better start learning Chinese before all our money is gone.

2 Comments:

At January 8, 2008 at 3:26 PM , Anonymous Anonymous said...

well, you could start by not givinig 50 cents on the dollar to the military.

 
At January 8, 2008 at 3:57 PM , Blogger Eric Martin said...

While there is certainly waste in the military programs that could be cut (likely in the billions of dollars), national defense is the one thing the federal government is supposed to spend our money on as per the constitution, and would be one of the last things we should cut (audit absolutely). Social programs that go on for generations are what's bleeding us dry at an exponential rate and will never see a break-even, solution, end or hope of being reduced once it's been given once.

 

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