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Obama: Republicans push vision of "shrunken America"
Yahoo ^ | 4/27/11 | Matt Spetalnick - Reuters

Posted on 04/27/2011 9:43:28 PM PDT by NormsRevenge

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To: NormsRevenge

Obama sounds like a nut case even if his cuts in goverment and demanded further cuts in the people’s individual budgets(to fund more goverment) were honest your still only talking about 23.8% ($4 trillion /($1.4 trillion a year deficit * 12 years) = 0.238) of the deficit assuming future future Federal Government’s don’t behave as he his has for the last 2 years. And if that assumption was not wild enough he also assumes the explosive growth that is NOT happening nor likely to happen. All this is of course like assuming pigs will spout wings and fly tomorrow.

Not according to any known laws of physics but ok...

We know from historic experience that the Federal Government can’t get more then 18 to 20% of the GDP in tax revenue regardless of tax rates. Therefore the only way to increase the amount of money going into the Federal goverment is to increase the GDP.

Higher Taxes at this point won’t do that, and will inversely result in LESS not more money going into the Federal Treasury. Assuming it was possible to increase the GDP enough to pay for Obama’s astronomical spending.

It would still NOT be possible to support theses welfare programs. The greed of your “welfare monkeys” is proportional to the size of the wealth, just as the size of the welfare population is proportional to the size of the population and thus only potential tax base.

That means even if the working parts of our population from which goverment loots to buy the votes of the rest became insanely efferent and fruitful they would still be unable to statsfy the demands of the envious deadbeat population using their vote to steal money from the productive.

The point is even if the Federal goverment didn’t have other Constitutional responsibility to pay for Constitutionally enumerated responsibility like defending the States from invasion and/or attack by foreigners. (IE military/border patrol.) Their is not and never will be enough taxable resources to support the socialist society Obama and other leftist want.

While you may appeal to people’s greed and jealousy to get them to support you in your cause of theath and exploitation, you can’t sustain this campaign once you have plundered and destroyed all the productive. Your fire will consume all its fuel and die.


41 posted on 04/28/2011 11:26:02 AM PDT by Monorprise
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