It never ceases to amaze me the degree to which so many of those supposed journalists currently under the employ of our state controlled media complex slip into what borders on outright insanity whenever their beloved hero, Barry "Almighty", is referred to as being socialist in his political motivation. And they seem to get just as agitated whenever his policies are referred to as being socialist in nature as well as in substance. Such unprofessional behavior by those in whom we should be able to trust, exposes the level of bias that’s present.
Because let’s face it, if we were to use nothing else but the budget proposal he presented to Congress just last month, Barry’s politics could not be more obvious. Because it’s in that budget that Barry called for what would be the highest level of sustained taxation ever imposed upon the American people, and that’s not ‘propaganda’ that has as it source some group of rightwing group of extremists, that, my friends, is according to the analysis published by the Congressional Budget Office (CBO).
Because, you see, it’s under that most recent proposal of Barry’s, that taxes would be seen to rise from 17.6 percent of Gross Domestic Product in 2014 up to 19.2 percent in 2024. And it’s during the ten years from 2015 to 2024 that federal taxation would average 18.7 percent GDP. America has never in its history been subjected to a ten-year stretch of taxation at such a level. So how else is there that one could possibly explain Barry’s determination to inflict upon the American people such a crushing level of taxation?
And if we look back in history for simply comparison purposes, we very quickly find just how extraordinary this level of taxation is. Because in the twelve fiscal years preceding the Japanese attack on Pearl Harbor, 1930 through 1941, federal taxation averaged 5.3 percent of GDP. In the five fiscal years encompassing U.S. involvement in World War II, 1942 through 1946, federal taxation averaged 16.1 percent of GDP. In the fiscal years since World War II, 1947 through 2013, federal taxation has averaged 17.1 percent of GDP.
It was in the period from fiscal 1992 through 2001, federal taxes averaged 18.3 percent of GDP. But in the last four years of that period, 1998 through 2001, the federal budget was in balance. In the twelve fiscal years from 2002 through 2013, federal taxes averaged 16.1 percent of GDP, or the same that they averaged during World War II. However, the federal government ran deficits in each of those twelve years. But last time I checked we were not involved in the equivalent of a World War, despite Barry’s attempts.
In all ten years from 2015 through 2024, under Obama's proposal, federal taxes would be higher than 18.3 percent of GDP. During the period of 1992 through 2011, there were only five straight years, 1997-2001, when federal taxes were higher than 18.3 percent of GDP. You’ll of course notice that it was during those years that we had yet another Democrat in the Oval Office. That would be ‘Slick Willie" who, to this day, takes great pleasure in spreading the lie that he alone was responsible for balancing the budget in four of those years.
And it’s under Barry’s budget proposal that the budget will never be balanced. But over the next ten years, the federal government would add $7.183 Trillion to its debt held by the public. While adding that $7.183 Trillion to the debt held by the public, Barry would increase taxes by $1.4 Trillion. So as I said, Socialism by any other name is still Socialism. And while his many media minions may disagree, that’s exactly what Barry is trying to force upon we the American people. It’s all part of his master plan to "fundamentally transform" America.
And as a bit of a side note here, another fact that I find rather distressing is the fact that so many in this country seem to be quite enamored with the fact that yet another very committed socialist, by the name of Hitlery Clinton, may yet declare that she intends to be in the running to be Barry successor. And that would be something that this country most definitely would not survive. Wouldn’t you think that after having witnessed firsthand the natural result of socialist policies that intelligent people would be in no hurry to elect another socialist? But apparently not.
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