In 2009, there was a crazy, wild-eyed passion spreading among conservatives and the Teabagger. Here are some choice quotes from prominent conservatives and teabagger favorites.
Glenn Beck and Ron Paul
Ron Paul: [snip] So the bailout is a disease, it’s contagious, it’s ongoing, and the result of this will be the destruction of the . . . → Read More: Still waiting on that hyperinflation.
The story of taxation usually goes like this: You earn your dollars, then give some portion of it to the government. The government then takes your money and buys tanks, builds roads, and gives food to the poor. For local and state governments, that is a true story. However, for the federal government, which . . . → Read More: The Purpose of Taxes
Wednesday morning I wrote about how ridiculous it is to fight over non-security discretionary spending in order to “balance” the budget when it only accounted for 13% of the budget last year. Then, later that night, Jon Stewart did a little skit pointing out the exact same fact. You can watch the video below(the . . . → Read More: Jon Stewart Must be Reading This Blog
As you know, for you to save money, someone else must go into debt. As i explained last time, if 300 million people save one dollar, than one person must go into debt 300 million dollars. One person who could do this is the federal government. So if the entire private sector wants to save . . . → Read More: We Save When the Government Spends
Our government collected fewer taxes in FY2009 than it did in FY2000 – this can be said without adjusting for inflation. In 2000, the government took in 1.54 trillion dollars in on-budget taxes, but only took in 1.53 trillion in 2009. This is despite spending twice as much money in 2009 than in 2000. Tax . . . → Read More: How the 2009 Federal Budget Could Have Been Balanced.
As we all know the size of the budget deficit has grown enormously in the last couple years. One only has to look at the increasing size of the budget deficit over the last decade to see why there’s cause to be concerned about it. Starting in 2008 the deficit has shot up several hundreds . . . → Read More: Decreased Spending Alone Can’t Fix the Budget Deficit