Rick Santelli: “We Have Become Europe”

Posted: January 31, 2013 by ShortTimer in Economics, Tea Party, Tea Party movement

From Newsbusters:

I heard a statistic the other day that even if we were to cut all discretionary spending – that is if we ditched the “discretionary” spending outlined in the Constitution and had no defense, no post roads, etc. – and we only spent “mandatory” things like welfare, social security, and handouts, we’d still be running deficits.

Heritage shows our mandatory spending at a little over $2 trillion.  More than 70% goes to handouts – and because there are both mandatory and discretionary handouts.

Just digging up a couple of quick charts off the internet (from Congressman Thornberry):

mandatory federal spending 2011

eliminating defense completely wouldnt balance budget

But don’t you worry!  The OMB is out there working tirelessly to ensure that there is “An Economy Built to Last and Security for the LGBT Community“.  They didn’t forget the administration’s pet serf Julia, either.

Comments
  1. […] We haven’t reduced the deficit at all, and we’re still running trillion-dollar deficits. […]

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