Posted on 07/15/2011 9:28:53 AM PDT by Signalman
Dear Friend,
In this video commentary, I talk about how Obama has followed the welfare reforms of the Clinton years with a new approach: Putting the entire country on welfare.
Comparison of nObama’s first year and current year
U.S. Federal Government Spending Comparison, 2008 and 2011
Figures given in billions of U.S. Dollars
Category_______ FY 2008 FY 2011 INC/(DEC) INC/(DEC) %
Pensions_______ 659.8_____793.2_____133.4____20.22%
Healthcare_____ 671.4_____882.0_____210.6____31.37%
Education______ 101.8_____129.8______28.0____27.50%
Defense________ 729.6_____964.8_____235.2____32.24%
Welfare________ 322.3_____495.6_____173.3____53.77%
Protection_____ 47.1_______60.7_______13.6____28.87%
Transportation_ 77.6_______94.5_______16.9____21.78%
General________ 20.8_______33.2_______12.4____59.62%
Other__________ 99.3______158.4______59.1____59.52%
Interest_______ 252.8_____206.7_____-46.1____-18.24%
Total__________ 2,982.5____3,818.9____836.4____28.04%
U.S. Federal Government Revenue Comparison, 2008 and 2011
Figures given in billions of U.S. Dollars
Category_______________ FY 2008 FY 2011 INC/(DEC) INC/(DEC) %
Ind. Inc. Tax___________1,145.8__956.0___-189.8___-16.56%
Corp. Inc. Tax___________304.3____198.4___-105.9___-34.80%
Social Ins. Taxes________900.2____806.8____-93.4___-10.38%
Ad-valorem Taxes_______140.1____132.9_____-7.2___-5.14%
Fees & Charges___________0.0________0.0_____0.0
Bus & Other Rev__________33.6_____79.5_____45.9_____136.61%
Total___________________2,524.0___2,173.6___-350.4______-13.88%
Surplus/(Deficit)________-458.5__-1645.3__-1,186.8____258.84%
Dick, Bill, and Shep, need to just go away....
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