Chip Wood, on Spending – The Biggest Lie of the Year

This from an article from Chip Wood, Personal Liberty Alerts

According to an opinion piece in The Wall Street Journal, there was only one major domestic program that cost  U.S. taxpayers more than$100 million that got the ax: the Department of Energy’s loan-guarantee program. Right, that’s the same one that cost U.S. taxpayers more $500 million when the solar-power favorite Solyndra went under. The total savings from eliminating this boondoggle was less than $500 million.

Meanwhile, spending on food stamps is scheduled to reach $80 billion this year –more than double the amount just five years ago.

Since it’s almost impossible for us to grasp the real significance of the numbers Washington bandies about so casually, let me put it in terms that every family in America can understand (some wag put this together). Let’s remove eight zeroes from the Federal numbers and pretend we’re talking about a household budget. If your family operated the same way Washington does, here is what it would look like:

  • Annual family income: $21,700
  • Annual family expenditures: $38,200
  • Increase in your credit-card debt: $16,500
  • Outstanding balance on your credit cards: $142,710
  • Amount you agree to cut spending: $385

If you ever heard of a family operating in this manner, wouldn’t you think they are almost criminally irresponsible?

In fact, wouldn’t you want to delete the word “almost” from my previous sentence?

There were a lot of big lies told last year. That should come as no surprise. As the joke says, “How can you tell when a politician is lying?” Answer: “His lips are moving.” Or in Pelosi’s case, her lips are moving.

In narrowing the field of falsehoods to the biggest of the big ones, I choose the simple promise “We’ll cut spending.” For most of my life, our political masters in both parties have willingly, even gleefully, participated in a massive conspiracy to rob from our children and grandchildren. They have saddled these innocent victims with more than $15 trillion in debt — plus many times that amount in promises our government has made but cannot possibly keep.

What is the single most important issue facing this country in 2012? I am convinced it’s stopping the spending.

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