The Obama administration played politics with the budget by delaying it last year before the November elections. Did you know that the fiscal budget is supposed to run from October 2010 to September 2011? The budget, not put forth by the September 30, 2010 deadline, has been funded by a series of continuing resolutions. They knew that the American people would not like a $3.83 trillion budget in one year, driving America into still deeper massive debt. None of the news media covered this purposeful pre-election deception placed upon the American people. Yet it is the obvious and plain truth.
In typical Obama fashion, with all his major legislation, the budget decisions were forced into a stampede, urgent to get done mode, by his administration. This is the same approach that was used on the stimulus package and on healthcare, making it appear like there is a sense of urgency and crisis against a deadline.
Now let's put all the headlines making it appear that something great was accomplished with a budget compromise, and BS aside, and look at the REAL facts. The Obama budget is for a whopping, unbelievable, $3.83 billion for one year! Built into the budget is a KNOWN $1.56 trillion deficit in one year. In reality it will be even more than that. What this means is that our current $14.3 trillion national debt will skyrocket, with interest, to OVER $16, BILLION! Our Washington representatives have pushed America to the brink of economic ruin.
This so called compromise, or as one headline read, "Monumental Deal", is nothing more than a fraud placed upon all Americans. The fact is, the $38 billion budget cut is LESS THAN 1% of the Obama budget of $3.83 trillion, nothing more than a spit in the ocean...or better, a spit in OUR faces. This the deal that our representatives made. Then further, to claim that $500 billion will be saved over 10 years is a further insult, since on a relative scale this is almost nothing compared to the trillions of dollars of debt that will accumulate over the years, driving our national debt to well over $20 trillion during this period of time.
This is all basic arithmetic. But the American people are allowing themselves to be fooled by the Obama administration, both parties in Congress, and by a media that doesn't do their job and report the facts.
The only thing that will save America at this point are massive cuts in spending, and a major downsizing of the federal government which is now totally out of control.
Saturday, April 9, 2011
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