Monday, February 28, 2011

Pic of the Day: The Only Chart You Need To See To Understand Why The US Is Screwed

From The Business Insider via memeorandum, this is how out of control spending is right now:
What's it going to look like in a few years? And our community organizer-in-chief is clueless as usual: Obama abdicates leadership on budget, calls for more spending, tax increases. As I have pointed out many times in this blog, the FY 2007 federal budget - the last one put together by Republicans - was $2.7 trillion. Since Pelosi and Reid took over, the federal budget is at $3.5 trillion. The deficit is entirely comprised of new Democrat spending since 2007. Here's the absurdly high deficits of Obama’s first two years and this coming one:

It's entitlement spending that is the biggest chunk of the pie and projected to swallow the entire budget in years to come, a far cry from a few generations ago:
Two words for you as where Democrats will go with this: human shields. It’s a typical game plan of the Democrat Party. When it comes to cutting anything, they hold up children as shields. ‘If we cut, we will hurt these children.’ Local Democrats do the same exact thing. If we cut your taxes, it will hurt the children. Ironically, all these ruling class liberals are pro-aborts.

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