printObama apparatchiks of change like to accuse Bush of starving state programs when in fact he has presided over the greatest expansion of government since Lyndon B. Johnson. The truth is that Bush’s party, the Republicans Party, has always come through as a “reliable engine of government growth.”
Since 2001, reports the Wall Street Journal, federal outlays have increased to the tune of 16 percent on energy, 91 percent on “community development,” 22 percent on highways and mass transit, 57 percent on education, 55 percent on health research, 58 percent on veteran benefits, 51 percent on Medicare, 16 percent on social security, and a walloping 64 percent on national defense.
In case you forget the costs of America’s crumbling empire: economist Robert Higgs has pegged all “defense-related” spending at approximately $1 trillion per year.
Sadly, Barack will best Bush in spades.
Let’s not forget the somewhere between 2 and 4 Trillion spent”not nationalizing” banks and the wall street firms that feed them.
The now federalized Federal Reserve Bush is handing over to Obama is probably more dangerous to us than nuclear weapons.
Under Obama, they will be able to drop all pretense, and just brazenly go about finishing up the Nazification of the welfare/warfare state. After all, they have a ready-made crisis all set for them to seize upon. A worldwide depression is made to order for the aspiring globalist.