Obama Is “night in America

President Reagan's re-election commercial said it’s, “morning in America."  It was morning in America then.  The economy was improving and Americans had jobs.  With Barack Obama it’s “night in America.”  The nation's spending, government programs and deficits are ballooning.

The federal deficit this fiscal year will be $1.6 trillion, or about 10.6% of gross domestic product. That is the largest deficit since World War II, and even Obama's optimistic estimates show our deficits will not return to sustainable levels for at least the next decade.

When the Democrats took control of Congress in 2007, the debt held by the public was 36.2% of GDP. It rose to 40.2% the next year. This year it will be about 63.6%, next year 68.6%, then 77% of GDP in 2020. And the Obama administration's budget estimates 218% in 2050.

The reason for these rising deficits is the huge increases in federal spending--the intended growth of the federal government--that Congress and Obama are pushing. The deficit in 2007 was $160 billion. In the next year the Pelosi-Reid Congress took it up to $458 billion, and when Obama came into office in 2009 it hit $1.4 trillion. The current 2010 projected deficit is $1.6 trillion, which will lead to a tripling of our national debt from 2008 to 2020.

To the White House and congressional Democrats, these large figures are not a surprise, a mistake or a worry. They are part of a strategy to Europeanize America, to make the government larger, broader and in charge of almost everything. And that would of course require broad and massive tax increases.

The Washington Post's Robert Samuelson calculated that to fund all the future deficit expenditures would require taxes to increase "by roughly 50 percent from the average 1970-2009 tax burden." A 50% tax increase would become a permanent part of a declining America; just as such tax increases have become a permanent part of declining European countries.

Senator Judd Gregg, top Republican on the Budget Committee, put it the other day, this huge deficit spending "is a death certificate to the American dream for our children. Their lives will be mortgaged by the debt we put on their backs." Michael Boskin, chairman of the Council of Economic Advisers under the first President Bush, noted in The Wall Street Journal last week that President Obama will have added more debt in his first two years in office than George W. Bush did in eight years. In his first 15 months, Mr. Obama will have raised the debt burden as a percentage of GDP by more than President Reagan did in all of his eight years.

Obama and the Democrats are destroying America.  The Republicans have to bring fiscal responsibility back to the federal government.  If they don’t we have to vote all the bums out in 2012.

Comment here and email us at YourVoice@speaknowamerica.org.

Moms, Dads, Grandparents need a place to vent about the direction our government is taking? Go to MomsAndDadsBeHeard  and speak out. Help us and be part of bringing our Great country back.

Speak Now America! we want to hear from you

You might also like to read this article: Taxpayer Groups Say Cut Lawmaker Salaries