Who is Bankrupting America?

Tino over at Super-Economy has the chart:

 

There is simply no arguing with this – Obama has massively increased spending since he took office.  It isn’t just a slight difference, it is night and day.  He’s gone on a binge of spending – and that means that if we want to get our deficit under control, the only rational thing to do is at least return it to the average.

The reason Obama and his Democrats won’t do this is because when they finally gained full control of the government in January of 2009 – for the first time since 1994 – they were determined to pump up all the spending they couldn’t get when all or part of the government was under GOP control.  They pined away for this…for years they dreamed of the day when the Treasury and the printing press would be entirely theirs and they could spend to their heart’s content.  They aren’t about to give it up.  First off because a reduction in spending would reduce their immediate power (they ability to buy votes with taxpayer money), secondly because they have vastly enriched their cronies and don’t dare take it away.

This isn’t about tossing granny over the cliff – cutting spending is about taking Democrat special interest groups and crony-capitalists off the government teat.  That is what the whole debate really comes down to – will we reduce the spending, save our economy and rebuild our nation?  Or will we continue to lavish money on Democrats and their hangers-on until America is destroyed?

The fight is on – 2012 will decide it; but as we fight it, don’t for a minute let Democrats tell you they are helping granny…they are just helping themselves and greedily and senselessly want to keep doing it no matter what happens.

21 thoughts on “Who is Bankrupting America?

  1. neocon1 August 12, 2011 / 8:37 am

    There is simply no arguing with this – Obama has massively increased spending since he took office. It isn’t just a slight difference, it is night and day. He’s gone on a binge of spending –

    Cloward–Piven strategy
    designed to collapse the economy………….

    http://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy

  2. neocon1 August 12, 2011 / 8:39 am

    The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward (1926-2001) and Frances Fox Piven (b. 1932) that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of “a guaranteed annual income and thus an end to poverty”. Cloward and Piven were a married couple who were both professors at the Columbia University School of Social Work. The strategy was formulated in a May 1966 article in left-wing[1] magazine The Nation entitled “The Weight of the Poor: A Strategy to End Poverty”.[2]

  3. Green Mountain Boy August 12, 2011 / 9:04 am

    The fight is on? Please. Since january of 2011 the repubs have how many chance? Caved on every one. All you got do is tell one lie and the three stooges give in. nyuk nyuk nyuk.

  4. Mia August 12, 2011 / 10:45 am

    No mention of the $16 TRILLION we’ve passed out to the banksters here and around the world? Not one word??? Every entitlement program on the books doesn’t even come close to $16 TRILLION. Plugging leaks is a waste of time if we won’t turn off the spigot.

    • Mark Edward Noonan August 12, 2011 / 10:54 am

      Mia,

      The banksters got most of their money from the Federal Reserve, not from the official federal budget (though, ultimately, the US taxpayer is on the hook for the Fed). This is just non-defense spending as a percentage of GDP…and it has massively gone up. I put up the chart to illustrate the reality – Obama and the Democrats are not trying to salvage what can be considered “basic” government spending (ie, what we’ve been doing for decades) but are instead defending the flapdoodle they piled on in 2009 and 2010. Just get rid of that – just return to 2008 levels of spending (which wasn’t exactly a low spending year) and we’d cut the deficit by more than 50%.

  5. bardolf August 12, 2011 / 11:08 am

    Mark

    Why did defense spending get separated out?

    • neocon1 August 12, 2011 / 11:26 am

      read the constitution again baldork

      • bardolf August 12, 2011 / 11:54 am

        So if the DOD takes over the building of roads and other domestic infrastructure projects the GOP won’t count it towards the government budget.

    • Mark Edward Noonan August 12, 2011 / 12:02 pm

      Bardolf,

      To show that it is non-defense spending which is driving the fiscal bus off the cliff. We all recognize, additionally, that defense will have to be cut – and cut quite a lot. I’m prepared to agree to a $100 billion a year cut to defense and probably most GOPers are ok with that level of cut (which is about 15%). But to really get our fiscal house in order massive cuts are needed to non-defense spending…and this chart proves it beyond a doubt, and shows it wouldn’t cause any problems, at all, to those who are genuinely dependent upon government aid.

  6. bardolf August 12, 2011 / 12:23 pm

    So defense spending got separated out to reinforce a point you already held. Someone made up a chart which shows the areas Obama increased that others hadn’t increased and are surprised the charts shows that the areas Obama increased are much bigger than the areas others didn’t increase.

    Go ahead and end NCLB, close down the DOE, DHS, Commerce … and whatever social welfare you believe is going into the pockets of the unions. It’s medicare part D, 3 wars and a massive stimulus which began with Bush that are the problems.

    • Mark Edward Noonan August 12, 2011 / 12:56 pm

      bardolf,

      But you don’t have to do that – we should end the DOE, but we don’t have to. All we have to do to get ourselves back to fiscal sanity is to repeal the Obama Binge:

      $21.5 billion from Dept of Ed
      $17.4 billion from International Affairs
      $5.7 billion from Energy
      $1.5 billion from Natural Resources
      $10.1 billion from Transportation
      $6.6 billion from Justice
      $5.4 billion from General Government

      That is $68.2 billion and you’ll note what is missing from there – Social Security, Medicare, Medicaid and Income Security. These four areas have had massive increases, and a good portion of that is naturally due to both the rise in unemployment and the normal progression in to retirement by the Boomers…but I’m certain (and you are, too) that there is a great deal of waste in all four of those areas.

      The increase in Medicare has been $91 billion since 2008; Medicaid $92 billion and Income Security $162 billion. I’ll bet my last dollar that at least 10% of the increase has been waste, fraud and abuse so we can safely cut $34.5 billion – and this, still, without touching social security. And remember, we’re just cutting the increase…we’ll still be spending vastly more on these items than we did in 2008. But now we’re up to $102.7 billion in cuts. And these cuts can easily be done without affecting the day to day lives of Americans. That is what we can do, right now. This is what Obama could have brought to the table to try and get GOP agreement to tax reform and he refused to do it…because he wants to keep his Binge.

    • neocon1 August 12, 2011 / 2:31 pm

      baldork

      stuck on stupid
      your never ending circular “arguments” are sounding more like catspuke every day.
      do you “teach third grade and cats 2 nd?

    • bardolf August 12, 2011 / 2:51 pm

      @Mark

      68 billion is a small start on a trillion dollar problem

      @Neoconehead
      Head on over to the original posting and read the comments. The graph is not the smoking gun you would hope it is. A lot of tricks are needed to get the hockey stick.

      http://super-economy.blogspot.com/2011/08/obama-hockey-stick.html

  7. Mia August 12, 2011 / 2:19 pm

    Thank you, Mr. Noonan —

    I agree wholeheartedly that the entire budget needs to be cut — just freezing the budget. And then, yes, 2008 levels are another good step… or cutting a percentage across the board… 20%? 25%? But as you said, we the taxpayers are the ones on the hook for the $16 TRILLION passed out like candy to the banksters. This isn’t an either/or situation. Start with the banksters who destroyed our economy and housing market thru massive fraud and complete violation of their fiduciary duty.

    On the plus side, I just heard that the federal appeals panel struck down Obamacare’s individual mandate this morning… Woo hoo!!!

    • neocon1 August 12, 2011 / 2:34 pm

      meow

      Start with the banksters who destroyed our economy and housing market thru massive fraud and complete violation of their fiduciary duty.

      DUHHHH

      try to keep up……

      • Loan Tips KC August 26, 2011 / 12:07 am

        nice video. going to keep this on my back burner when i am in massive political talk with my friends who cant keep up

    • neocon1 August 12, 2011 / 2:35 pm

      Mia

      On the plus side, I just heard that the federal appeals panel struck down Obamacare’s individual mandate this morning… Woo hoo!!!

      a slam dunk in the SC, 0 hussein commie care is toast

  8. Mia August 12, 2011 / 2:21 pm

    My apologies — typing too fast and not paying attention. I meant to say, “…just freezing the budget is a good first step…”

  9. Green Mountain Boy August 12, 2011 / 4:49 pm

    All it will take is for kookie roberts to call boener a terrorist on tv once. boener will cave into any donkrat demand. Anyone for the wager?

  10. bardolf August 12, 2011 / 6:27 pm

    Gov’t pays for empty flights to rural airports

    By KEVIN BEGOS and ADRIAN SAINZ
    Associated Press

    On some days, the pilots with Great Lakes Airlines fire up a twin-engine Beechcraft 1900 at the Ely, Nev., airport and depart for Las Vegas without a single passenger on board. And the federal government pays them to do it.

    Federal statistics reviewed by The Associated Press show that in 2010, just 227 passengers flew out of Ely while the airline got $1.8 million in subsidies. The travelers paid $70 to $90 for a one-way ticket. The cost to taxpayers for each ticket: $4,107.

    Ely is one of 153 rural communities where airlines get subsidies through the $200 million Essential Air Service program, and one of 13 that critics say should be eliminated from it. Some call the spending a boondoggle, but others see it as a critical financial lifeline to ensure economic stability in rural areas.

    ************************************************************************

    More welfare that needs to be shut down.

    • neocon1 August 13, 2011 / 9:16 am

      dedmurthas airport?

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