Obama keeps promising more and more money to special interest groups. Just for the things he has promised in his speeches, they are estimating that he plans on spending around $800 BILLION http://www.realclearpolitics.com/articles/2008/02/obamas_gloomy_biggovernment_vi.html
He claims he is going to be cutting taxes for the poor and middle class while raising taxes on the rich. If he raises taxes up to 39% for the rich while simultaneously giving all the tax cuts he has promised to the poor and middle class, he will end up with a $80 billion deficit. All the money that is supposed to be coming in from the rich will easily be offset by the tax cuts he is promising the poor and middle class.
The federal budget is around $3 Trillion per year, and Obama has promised over $800 Billion in new spending. Either he's completely lying and he's not going to fund all the projects he is promising or he's not going to be able to give all those tax cuts he's promising to the poor and middle class. The richest 1% alone can't foot the $800 Billion bill.
But let's pretend he TRIED to make the top 1% of wage earners pay for all his spending. The top 1% of wage earners already pay 37% of the federal income tax received. That's more than $1 Trillion of federal money that comes just from the top 1%. If he needs $800 Billion more money from those people, he's going to have to double their taxes. The rich can't pay 78% of their money in federal income taxes. After FICA, state and local taxes, sales taxes and any other taxes, they wouldn't have any money.
So I'd love to know where Obama is going to get the money for all the projects he is promising. If he can't come up with $800 Billion (a conservative estimate) then he's got to be lying about something.
Sunday, July 13, 2008
Tuesday, May 13, 2008
NObama in 2008
I am getting so tired of the Obama frenzy. I’m pretty much at my breaking point, and whenever I ask an Obama supporter why they like him, the response is always the same:
“Blah blah blah change, blah blah blah hope, blah blah he's different.”
I’ve never actually heard an Obama supporter give a good reason as to why they want this man to be our next president. It’s never about the issues that our country faces every day. It’s always a rehearsed catch phrase that has no substance behind it.
“He wants change.” – Has there ever been a presidential candidate whose platform was, “I want everything to be exactly the same.” Absolutely not. Every candidate wants things to change. We are a constantly evolving nation. If Obama is elected, you’ll see change, but I doubt it will be what you’re expecting. Obama supporters see a land where nobody goes hungry, there is always peace, and everybody has a pony and a puppy and there is a rainbow in the sky every day.
One thing Obama wants to change is health care. He wants every American to be guaranteed health coverage. Obama claims that his national health care plan will cost $50-65 billion (http://www.washingtontimes.com/article/20080222/EDITORIAL/457737055/1013).
In 2007 the US spent 15.3% of our GDP in healthcare. Of this amount the government already pays 45.1%. The United States’ 2007 GDP is 13.86 trillion dollars. So here is the math:Our health care expenditures are 15.3% of $13.86T, or $2.12T. The government already pays $956B (2.12T * 45.1%) in health care costs. Thus, the actual cost of universal healthcare is $1.16T annually. http://en.wikipedia.org/wiki/Health_care_in_Canada https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html If Obama only picks up the tab for the 45M uninsured Americans, that would indicate only an increase of $318B [(45M/300M) * $2.12T]. That is six times more than Obama admits.
Many Obama supporters think that we’ll have more money available (for things like healthcare) if Obama is president because they think he’ll pull out of Iraq.
“Regarding the peace dividend, it must be recalled that Mr. Obama declined in September to promise that all U.S. troops would be out of Iraq by January 2013, which was more than five years down the road.” (http://www.washingtontimes.com/article/20080222/EDITORIAL/457737055/1013)
So the US won’t see any additional monies from leaving Iraq. Obama says that he will cut certain taxes for middle class families (about $80 billion).
That means Obama plans on spending an additional $318 billion annually while cutting $80 billion worth of taxes. Not to mention he has promised other programs for various special interest groups.
Obama is pro-choice, that’s no surprise. But what may be a surprise is that he believes women should be given the choice to have partial birth abortions (meaning, a woman can abort a baby when she is 9 months along). I won’t get into the details of partial birth abortions, because it is absolutely horrifying.
Not only does he think women should be able to abort their 9 month old ‘fetus’ but he also believes minors should be able to have abortions without their parents’ consent. Minors can’t go tanning or go on a field trip without parental consent, but a controversial medical procedure is just fine according to Obama.
While I don’t think that it’s fair to judge a person based on what their wife or pastor says, I think it speaks volumes about what kind of people Obama has chosen to surround himself with. His wife has never been proud of our country until very recently and his pastor is a bigot.
Among other slipups, Obama has said that small town people cling to guns and religion to explain their frustrations (even though I’m pretty sure people have had religion and guns for centuries) and he also said that there were 57 states. The funniest thing about the 57 states is that the people who love Obama are many of the same people who make fun of Bush for being an idiot. If Bush had said there were 57 states in a speech, people would be all over him.
I could seriously go on and ON about other things that I can’t stand about this man. It would really sadden me to see him in the white house because I think he will do a great deal of damage to our country.
“Blah blah blah change, blah blah blah hope, blah blah he's different.”
I’ve never actually heard an Obama supporter give a good reason as to why they want this man to be our next president. It’s never about the issues that our country faces every day. It’s always a rehearsed catch phrase that has no substance behind it.
“He wants change.” – Has there ever been a presidential candidate whose platform was, “I want everything to be exactly the same.” Absolutely not. Every candidate wants things to change. We are a constantly evolving nation. If Obama is elected, you’ll see change, but I doubt it will be what you’re expecting. Obama supporters see a land where nobody goes hungry, there is always peace, and everybody has a pony and a puppy and there is a rainbow in the sky every day.
One thing Obama wants to change is health care. He wants every American to be guaranteed health coverage. Obama claims that his national health care plan will cost $50-65 billion (http://www.washingtontimes.com/article/20080222/EDITORIAL/457737055/1013).
In 2007 the US spent 15.3% of our GDP in healthcare. Of this amount the government already pays 45.1%. The United States’ 2007 GDP is 13.86 trillion dollars. So here is the math:Our health care expenditures are 15.3% of $13.86T, or $2.12T. The government already pays $956B (2.12T * 45.1%) in health care costs. Thus, the actual cost of universal healthcare is $1.16T annually. http://en.wikipedia.org/wiki/Health_care_in_Canada https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html If Obama only picks up the tab for the 45M uninsured Americans, that would indicate only an increase of $318B [(45M/300M) * $2.12T]. That is six times more than Obama admits.
Many Obama supporters think that we’ll have more money available (for things like healthcare) if Obama is president because they think he’ll pull out of Iraq.
“Regarding the peace dividend, it must be recalled that Mr. Obama declined in September to promise that all U.S. troops would be out of Iraq by January 2013, which was more than five years down the road.” (http://www.washingtontimes.com/article/20080222/EDITORIAL/457737055/1013)
So the US won’t see any additional monies from leaving Iraq. Obama says that he will cut certain taxes for middle class families (about $80 billion).
That means Obama plans on spending an additional $318 billion annually while cutting $80 billion worth of taxes. Not to mention he has promised other programs for various special interest groups.
Obama is pro-choice, that’s no surprise. But what may be a surprise is that he believes women should be given the choice to have partial birth abortions (meaning, a woman can abort a baby when she is 9 months along). I won’t get into the details of partial birth abortions, because it is absolutely horrifying.
Not only does he think women should be able to abort their 9 month old ‘fetus’ but he also believes minors should be able to have abortions without their parents’ consent. Minors can’t go tanning or go on a field trip without parental consent, but a controversial medical procedure is just fine according to Obama.
While I don’t think that it’s fair to judge a person based on what their wife or pastor says, I think it speaks volumes about what kind of people Obama has chosen to surround himself with. His wife has never been proud of our country until very recently and his pastor is a bigot.
Among other slipups, Obama has said that small town people cling to guns and religion to explain their frustrations (even though I’m pretty sure people have had religion and guns for centuries) and he also said that there were 57 states. The funniest thing about the 57 states is that the people who love Obama are many of the same people who make fun of Bush for being an idiot. If Bush had said there were 57 states in a speech, people would be all over him.
I could seriously go on and ON about other things that I can’t stand about this man. It would really sadden me to see him in the white house because I think he will do a great deal of damage to our country.
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