Wednesday, February 12, 2014

Obama is Becoming Public Enemy Number One

Tea Party Nation—Alan Caruba, February, 11, 2014

America has arrived at a point at which it has never been in its 226 years of existence since the Constitution became effective in 1788. It has a President for whom that Constitution is routinely ignored in his quest to “fundamentally transform” America into a nation it has never been despite the slide into progressive policies that began early in the last century.

His namesake legacy legislation, Obamacare, is wreaking havoc on the lives of millions of Americans who have lost or will lose their healthcare plans that have been replaced with those whose cost is far higher. It is costing the nation jobs, reducing further the income of millions. The Congressional Budget Office just released a report predicting it will cost 2.3 million jobs and add $1 trillion in projected deficits.

As reported by CNSnews on February 6, “The debt of the U.S. government has increased $6.666 trillion since President Barack Obama took office on Jan. 20, 2009, according to the latest numbers released by the Treasury Department. It stands at $17,293,019,654, 981.61. The total debt of the nation did not exceed $6.666 trillion until 2003. The U.S. has accumulated as much debt as it did since its founding.

While in office in his first term, the U.S. credit rating was reduced for the first time in its history.



No comments:

Post a Comment