The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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All Of This Whining And Crying About The Sequester Shows Why America Is Doomed

CryingIf we can't even cut federal spending by 2.4 percent without much of the country throwing an absolute hissy fit, then what hope does America have?  All of this whining and crying about the sequester is absolutely disgraceful.  The truth is that even if the sequester goes into effect, the U.S. government will still take in more money than ever before in 2013 and it will still spend more money than ever before in 2013.  So it is a bit disingenuous to call what is about to happen "a spending cut", but for the sake of argument let's concede that point.  Even if the budget really was being "cut" by 85 billion dollars, that only would only amount to a "cut" of 2.4 percent to federal spending.  It would barely make a dent in the federal budget deficit for 2013.  The U.S. government would still accumulate about as much new debt in fiscal year 2013 as it did in all the years from the inauguration of George Washington to the inauguration of Ronald Reagan combined.  Our debt to GDP ratio would continue to soar.  The sequester cuts would essentially only be a minor bump on the road to financial oblivion.  But if you listen to Barack Obama and his allies, they would have you believe that we are facing a great national crisis because of these impending cuts.  They would have you believe that hundreds of thousands of people will lose their jobs and that many government agencies will no longer be able to operate effectively.  They would have you believe that "granny won't get her lunch" and "roofs blown off by Hurricane Sandy won't get repaired".  Well, if all of that is true, then what in the world would our country look like if we actually cut a trillion dollars from the federal budget this year and started living within our means? (Read More....)

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The Federal Government Hands Out Money To 128 Million Americans Every Month

The Federal Government Hands Out Money To 128 Million Americans Every MonthThe number of Americans receiving money directly from the federal government has grown from 94 million in the year 2000 to over 128 million today.  A shocking new research paper by Patrick Tyrrell and William W. Beach contains that statistic and a whole bunch of other very revealing numbers.  According to their research, the federal government hands out money to 41.3 percent of the entire population of the United States each month.  Overall, more than 70 percent of all federal spending goes to what they call "dependence-creating programs".  It is the most massive wealth redistribution scheme in the history of the world, and it continues to grow at a very rapid pace with each passing month.  But can we really afford this?  Of course we never want to see a single person go without food to eat or a roof to sleep under, but can the federal government really afford to support 128 million Americans every month?  If millions more Americans keep jumping on to the "safety net" each year, how long will it be before it breaks and it is not there for anyone?  The federal government is already drowning in debt.  This year the U.S. national debt will easily blow past the 17 trillion dollar mark and we are rapidly heading toward financial oblivion.  We are stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day with no end in sight.  If we don't get our finances in order as a nation, what will the end result be? (Read More....)

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