I am usually one to shy away from not-so-trusted, not-so-mainstream sources. But regardless of bias, facts are facts. More importantly, numbers do not lie. 5 is more than 4.
In context, we are seeing government expand at alarming rates. The poster child for such governmental empowerment is Barack Obama. Note this column from CNS News today.
“In fiscal 1965, the entire federal government spent $118.228 billion…$118.228 billion in 1965 dollars equals $822.6 billion in 2010 dollars. In real terms, the $909.7 billion HHS is spending this year is about $87.1 billion more than the entire federal government spent in 1965.”
If we don’t rely on a government health care, and those on the left are so adamant it isn’t coming, how is this possible? Sure, we have about 100 million more people, a third more the population. And a lot of baby boomers are indeed retiring and in need of Medicare. And healthcare may be more expensive. But this is just yet another example of out of control government spending that the left decries when Bush does it yet embraces it when Obama does it.
A few things we need to realize sooner rather than laterL
- We cannot afford nonessentials at this point
- China becomes more empowered everyday we spend too much
- Our interest on our debt is becoming too difficult to pay, let alone the debt itself
- We need to make tough decisions now.
- Freezing Federal pay rates after they were raised 30% does not help.
This is a good illustration of what our budget looks like. Maybe we can wrap our heads around this.