Largest Drop in Federal Tax Revenues Since Great Depression
Monday, August 3rd, 2009Remember how irresponsible the Liberals said George W. Bush was for spending money on Iraq when the economy was in such bad shape, by their reckoning? Well, he doesn’t hold a candle to Obama’s spendfest in the face of the single largest one-year drop in tax revenues since the Great Depression. At this rate, Social [...]
Obama Budget Raises Deficit To Record Highs
Monday, May 11th, 2009The Office of Management and Budget is predicting a higher-than-expected, $1.8 Trillion budget deficit for 2009 and a $1.3 Trillion deficit for 2010, according to a statement released by Peter Orszag, Director of the OMB. The effect is the same as making $50,000 per year, but spending $100,000 a year. It is mathematically impossible to [...]
Obama’s $17 Billion Budget Cut
Friday, May 8th, 2009Pres. Obama has increased the amount to be cut from the federal budget to a whopping $17 Billion. I remember when $17 Billion would have made a pretty good dent in the budget. Of course, I was three years old at the time. Obama has been touting the significance of his $17 Billion budget cut. [...]


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