What the liberals hide from you

The “facts” presented by uber-liberal groups like the Huffington Post and OccupyDemocrats.com can usually be overturned easily by evidence. But it’s amusing — sometimes a howl — to see how they can take a piece of news and twist it with hype and spin. Voila! As if by magic, information damaging to liberals transforms to a liberal victory.

Example: There is nothing more damaging to liberal credibility today than the mounting federal debt and federal deficits. Unpaid, structural-deficit borrowing proves that liberal policies don’t work in real-world economics. So politicians on the left must spin the truth to disguise liberal Washington’s spending diseases.

A Huffington Post/YouGov poll on Jan. 29 revealed that 54 percent of Americans believe the budget deficit has “increased” during the Obama years, and 19 percent believe it has “decreased.” Ain’t this American ignorance awful, sayeth the Post, since “the budget deficit is the lowest it has been since President Obama took office.” That is called taking a little bit of truth and stretching it into deception.

Here’s the real scoop, what the liberals are hiding from you:

The 2013 budget deficit is “decreased” only in that it is less than the previous four years of historically high deficits. Over five years, Obama has borrowed about $5.7 trillion, an amount greater than the entire gross federal debt in 2000. For every $1 of tax money collected by the U.S. Treasury, it spends $1.40. The extra 40 cents is borrowed money.

Team Obama took office January 2009, coming off a 2008 deficit of $450 billion under George W. Bush. In Obama’s first year as president, the deficit increased over 300 percent, to $1.41 trillion. Some will not fault Obama in his first year, but Democrats controlled both houses of Congress when this budget was passed and Obama as president made absolutely no attempt to reduce the deficit. The deficit stayed above $1 trillion for four straight Obama years. In 2013, the deficit weighed in at $680 billion, an amount less than in 2012 but still 60 percent higher than the year before Obama took the White House. While telling us that deficits are “getting smaller,” Obama, of course, does not mention the actual deficit number. Or that each year’s deficit gets added to the national debt.

How can Obama honestly call $680 billion a “deficit reduction” when it’s really only a reduction in the debt’s rate of growth?

Let me repeat that: Obama is not reducing the actual deficit; he supported a small reduction last year in the growth of the deficit!

That $680 billion is a very large number, the biggest in history, except for the all-time record deficits in the Obama years. Worse, after next year, the Congressional Budget Office forecasts steadily increasing deficits. Spending will rise faster than revenues. Spending will exceed $1.1 trillion in 2014, and we will spend $26 billion more this year than last. No end in sight, only non-solutions.

All these annual deficits have led to a doubling of the national debt on Obama’s watch. Washington continues to spend money it does not have, and must borrow. As the size of government grows and we slump further into debt and fiscal ruin, it’s plain our government has become a redistribution, wealth-transfer mechanism.

If this country was managed in an intellectually honest, economically prudent way, it would create the wealth necessary to take care of people who are “left behind”– as Obama likes to say.

But instead, we’re on the path to going broke. How can I say it any plainer?

John R. Smith

John R. Smith is chairman of BIZPAC, the Business Political Action Committee of Palm Beach County, and owner of a financial services company. He is a frequent columnist for BizPac Review.
John R. Smith

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