Since World War II, these United States has engaged in an international giveaway program by spending billions of dollars each year to aid foreign nations. There is no constitutional authority for Congress to spend money in that fashion. These expenditures have won us no friends or votes, and constitute a major drain on the resources of our taxpayers.
The following is an excerpt from a letter from a Louisiana lawyer regarding the federal budget deficit. I also heard Rush talk about it on his radio program. He puts it in terms of a family budget.
The U.S. Congress sets a federal budget every year in the trillions of dollars.
• U.S. income: $2,170,000,000,000
• Federal Budget; $3,820,000,000,000
• New debt: $1,650,000,000,000
• National Debt: $14,271,000,000,000
• Recent budget cut: $38,500,000,000
To put the 2011 federal budget into perspective, let’s remove EIGHT zeros from these numbers and pretend this is the household budget for the fictitious Jones family.
• Total annual income for the Jones family for the year: $21,700
• Amount of money the Jones family spent for the year: $38,200
• Amount of new debt added to the credit card for the year: $16,500
• Outstanding balance on the credit card: $142,710
• Amount cut from the budget: $385
So, in effect, last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. What family would cut $385 of spending in order to solve $16,500 in deficit spending?
"As Congress struggles to find a way to cut spending as part of raising the $14 trillion debt ceiling, they should take a close look at the more than $1 trillion spent every year on welfare. You’ll be surprised to learn that many of the 30 million Americans defined as “poor” and in need of government assistance aren’t quite what you’d expect—rather than homeless and on the streets, the average poor American household has luxuries like air conditioning, cable TV, and X-box video game consoles....According to the government’s own survey data, in 2005, the average household defined as poor by the government lived in a house or apartment equipped with air conditioning and cable TV. The family had a car (a third of the poor have two or more cars). For entertainment, the household had two color televisions, a DVD player, and a VCR....If there were children in the home (especially boys), the family had a game system, such as an Xbox or PlayStation. In the kitchen, the household had a microwave, refrigerator, and an oven and stove. Other household conveniences included a washer and dryer, ceiling fans, a cordless phone, and a coffee maker....To be sure, the average poor family does not represent every poor family, and there are some who are better off and some who are worse off. Though most of the poor are well-housed, at any given point during the recession in 2009, about one in 70 poor persons was homeless, and one in five experienced temporary food shortages. Those individuals have serious concerns. But the fact remains that U.S. government statistics on poverty misrepresent the reality."
Source. Hertitage.org. http://blog.heritage.org/2011/07/18/morning-bell-what-is-poverty-in-america/
© Blogger templates Newspaper III by Ourblogtemplates.com 2008
Back to TOP