America spends more money than it takes in. Leftists propose that we fix this by just taking more money from people who have the most, ignoring the fact that if we confiscated 100% of every billionaires income, it would only last us a short time. In fact if we confiscated all the wealth of ALL the rich people in the country (not just their income but everything), we still wouldn’t be able to last for more than a year. See the video below for the breakdown of the math or skip ahead for more explanation.
As the video explains: Wars are not the problem. Don’t believe the Ron Paul and hippie hype on that. The Iraq war counts for less than 8% of the federal debt. The problem is entitlement spending.
President Obama uses our tax money the way I use my parents credit card in the Justin Bieber aisle of Toys R Us: spending someone elses money on shit you don’t need to extents that those other people can’t afford…
Here is an easy way to understand what is going on with the nations debt problem:
When it’s put that frankly, it’s kinda hard to see how anyone thinks this is okay, let alone the people leading the nation and making these decisions…
Mitt Romney gets it:
Our country cannot continue on the same borrowing and spending approach to government. I believe that we have a moral responsibility to be fiscally responsible so that we do not leave future generations with massive debt.
Barack Obama unfortunately does not: Obama administration to seek $1.2 trillion debt ceiling increase.
Oh, good idea – spend even MORE to get out of debt. Ludicrous…
It’s not that Obama is a “socialist” in the popular mindset sense of the word, and that is why it is wrong for you Tea Party people to go throwing around the term. He’s not a socialist in the way Americans think of socialism (where Government owns all commerce), he’s just a “real life” socialist in that his policies don’t differ from existing socialist parties found elsewhere in the world.