Obama has not passed a budget and refuses to during his first term. As a result, total government spending, federal and state, has exceeded all previous records with no indication of ending. As the middle class disappears the poverty sector strengthens in numbers. Anti-poverty programs are funded by more and more tax programs, entitlements, regulations, and cuts.
New health care taxes are on the table to fund ObamaCare. Overall costs for the program have more than doubled since it was proposed and voted on, latest revision about $1.8 Trillion, which, because of the new 2% taxes, is not enough. A report from The Institute of Medicine indicates taxes for doctor’s visits, scripts, regardless of private insurance, Medicare, or neither.
We constantly refer to unruly government spending and decided to check it’s application to states and their health records. Comparing mine, MO, with DC, I found MO to be one of the lowest per capita spending states with a fantastic public health record. DC was just the opposite. Being familiar with AZ’s Mayo Clinic I checked the state and found a similar record to MO. DC is shelling out about ten times as much without the results.
It reminded me again of the Consumer Reports test on the Fisker Karma electric car last month. All of the Millions of taxpayer dollars Obama gave to a foreign company to be built outside of America. It’s tested and breaks down after 180 miles. A car that sells for just under $110,000 and runs 40 miles off a charge. How the hell does it promote environmental progress? The Volt retails for less than half of this, comes with a $10,000 gift card, goes almost as far on a charge, and production has been shut down. Like the $60 light bulbs, nobody wants this stuff.
Everything is being forced down our throats. Who needs ObamaCare? The costs are so high Obama wants to tax retirement accounts up front at your going rates versus coming out. When you’re doing well you have less to fund your account. They have already changed the amounts which can be deducted both in personal and education accounts, my taxes jumped this year. Redistribution has arrived and the sunset is coming.
I can remember the fear of an unbalanced budget. The Reagan years promoted a balanced budget without raising taxes. The liberal banshee after Bush replaced Clinton frontpaged the destruction of our surplus. Today there is no budget, no recovery, no hope of surplus, no option other than taxes or more spending, and no complaints.