Quote:
Originally Posted by Pacific Swell
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oh please,,,defense isnt the biggie
from 2008 to present
defense spending has increased 16%....... 593b to 673b
medicare spending has increase 29%....... 386b to 498b
medicaid spending has increased 44%..... 201b to 299b.....medicare/ciad makes up nearly 800 billion of our spending and is INCREASED big time each year
ss spending has increased 17% ........ 612B to 719b
the budget 'projects' the costs yearly for 10 years beyond
by fy 15(just 3 years from now)
ss federal COST will be................ 900 billion
mediCARE federal COST will be...... 650 billion
mediCAID federal cost will be........ 400 billion
for a total of just those 3.........over 2 trillion A YEAR, and rising every year
in fact obama's projected DEFICITS will be nearly 1 trillion a year for the next 10 years...and that's just the "on-budget" stuff..the "off-budget" stuff like emergency funding to flood/tornado areas,or funding to other countries..is straight to the debt
revenue from 2000 to 2008 went up over a half a trillion (2.09 trillion in 2000, and 2.74 trillion in 2008 (numbers are down currently with the recession) ....so its not a revenue problem....and spending has gone from a FY 2001 a budget of 2 trillion to a 2008 budget of 2.9 trillion.. to a 2010 budget of 3.8 trillion.....its the spending that's killing us
governmet spending will do nothoing to get the jobs back
what the government should do:
cut/eliminate the corporate tax (we have the highest corporate rate in the WORLD)
eliminate all the bush/clinotn/bush/obama freetrade agreements
bring back IMPORT TARRIFFS (to include on american compaines making their products in mexico like GE)
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