In the past 10 years (2000-2010), revenue to the federal government has grown 7%. We have not lost revenue because of tax cuts, wars, etc. Federal spending, on the other hand, in the past 10 years, has grown 93%. In 10 years, we’ve spend $28 trillion and taken in $23 trillion. $5 trillion deficit . . . $1 trillion was war, $4 trillion is other spending.
These are the kinds of facts that need to be disseminated. In the current national debt/debt ceiling talks, President Obama and his allies on Capitol Hill have pressured Republicans to raise more revenues, claiming that’s the main problem. But if revenue has increased by 7% over the last decade, that’s not the real problem at all. The same politicians like to say that it was all that money spent on the War on Terror that has caused our fiscal chaos. Again, as Rep. Ross points out, that is not the case. The war effort is only 20% of the deficit during this time.
Yet as the election season heats up, we’re going to be treated to even more dishonesty and sleight of hand:
Obama himself will revert to his alternate persona:
What does he mean by that? Here are some examples:
Some, of course, will see through the deception:
Now, if only “people” will be as perceptive, they won’t fall for lines like this: