Baraconomics

Stimulus Package: 1 Trillion Dollars
New Taxes:
1 Trillion Dollars
Net Gain: zero

What do you call taking a trillion dollars from some and giving a trillion to others? Redistribution of wealth.

Federal Deficit as of today: 10.8 Trillion
Stimulus Package: another Trillion in a single year
Payment through new taxes: a trillion over TEN years

Barack Obama claims he’s cutting the debt in half within 4 years. My math works out a little differently…

#1 spending item on the budget: health and human services
Barack’s plan to cut spending: Nationalize health care

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4 Responses to Baraconomics

  1. Grace says:

    Ahhhh…it never ends:) The chaos this country is in…

  2. bchallies says:

    Sigh…MomC

  3. bchallies says:

    Because of the incomprehensibly vast corruption at the highest levels of government and finance we will never know how many trillions this and previous administrations have squandered. It won’t much matter anyway,for by the end of the 2010, if not sooner, the US will collapse. The dollar will become worthless and the nation bankrupt.
    Dad

  4. Susanna says:

    I love it that he fools the nation so easily. I’m thankful he can’t fool my brilliant husband though!!!:)

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