During Barack Obama's tenure, the United States
government has spent 11 dollars for every 7 dollars of revenue it raked in.
Throughout the fiscal year that just ended, the United States government spent
$3.538 trillion while raking in $2.449 trillion. With the exclusion of Social
Security and Medicare, in 2011, over $1 trillion was spent on 83 new welfare
programs with 100 million Americans registered in at least 1 program, thus
topping welfare spending at a 32 percent total increase for the past four years
and a 378 percent total increase for the past 30 years. As of now, 47 million
Americans are dependent on food stamps whereas upon Obama's entrance into the
White House 32 million Americans were dependent on food stamps.
When it comes to healthcare costs, this year the
federal government will account for more than 50 percent of all healthcare expenditures
in the United States, whereas in 1990 the federal government accounted for 32
percent. The number of Americans dependent on Medicaid was 34 million in the
year 2000 and skyrocketed to 54 million in 2011. Economists prefigure Obama’s
healthcare policies will add 16 million more Americans to Medicaid. The number
of Americans dependent on Medicare will increase from 50.7 million in 2012 to
73.2 million in 2025 while facing unfunded liabilities of more than $38 trillion
and a $134 trillion shortfall over the next 75 years.
And Obama says there has been an economic recovery?
Income
inequality between federal workers and non-federal workers
The number of workers for the federal government
making $100,000 or more in annual salary has increased from 12 percent in 2006
to 22 percent in 2011. People working for the federal government are 13 times
more likely to die from natural causes than they are to be laid off from their
jobs.
http://usatoday30.usatoday.com/news/washington/story/2011-12-26/federal-starting-salaries/52236360/1
In confuting a statement Harry Reid made earlier
this year about the private sector “doing just fine” and “it’s the public
sector where we’ve lost huge numbers”, the Congressional Budget Office found
earlier this January that federal workers are compensated 16 percent more on average
than private sector workers who are of similar or comparable levels of
education and expertise in their field.
For wages in the 2005 to 2010 period, the
Congressional Budget Office said: “Federal civilian workers with no more than a high school
education earned about 21 percent more, on average, than similar workers in the
private sector. Workers whose highest level of education was a bachelor's
degree earned roughly the same hourly wages, on average, in both the federal
government and the private sector. Federal workers with a professional
degree or doctorate earned about 23 percent less, on average, than their
private-sector counterparts.”
For health
insurance, retirement benefits, and paid vacations, the Congressional Budget
Office said: “Average benefits for federal workers with no more than a high
school diploma were 72 percent higher than for their private-sector
counterparts. Average benefits for federal workers whose education ended in a
bachelor's degree were 46 percent higher than for similar workers in the
private sector. Workers with a professional degree or doctorate received
roughly the same level of average benefits in both sectors.”
Income gap between ordinary American
citizens and government officials
While
Social Security plods its way to bankruptcy for the next generation's baby
boomers and workers of the middle and lower classes have an austere economical
future for being able to continue supporting themselves and their families,
more than $70 billion for government pension plans are being dispensed to 1.8
million retired federal workers. 15,000 of these workers are earning more than
$100,000 annually and 9.3% of these workers are former employees of the
infamous Securities and Exchange Commission. After serving a measly 5 years in
office, Congressmen are permitted to begin collecting their pension money at the
age of 62. After serving 20 years, they are permitted to begin collecting their
pension money at the age of 50.
While
Americans all across the country flounder in their finances, former presidents
of the United States will receive $3.6 million to support their opulent
lifestyles in 2012, and it is scheduled to increase to $3.7 million in 2013. All
of this money is covering for things such as office rentals, travel, phone
bills, postage, printing, and pension benefits. Secret Service Protection not
included. In 2013, George Bush will receive $1,356,000 in taxpayer money,
$85,000 of which will go towards phone expenses. Bill Clinton is scheduled to
receive $1,019,000 in taxpayer money, $442,000 of which will cover for office
space. George Herbert Walker Bush will receive $879,000 in taxpayer money,
$64,000 of which will pay for “equipment.” Even Jimmy Carter will receive
$518,000 in 2013. But the Obama family, in 2011, was deluged with $1.4 billion;
something so reprehensible in comparison to the $57.8 million British taxpayers
furnish the royal family with. All of this money being spent on the Obama
family covers for their transportation, housing, entertainment, and vacation. American
citizens ought to be irate by the fact that Michelle Obama spent 42 days and
$10 million on vacation in one 12 month period while Barack has played more
than 100 rounds of golf since the beginning of his tenure. Also, this money
covers for the salaries of the 469 senior staff members working under Obama,
226 of which receive more than $100,000 annually. At least one projectionist is
at the White House 24 hours a day in case if anyone would like to watch a film.
The dog handler who cares for the family dog receives $102,000 annually and is often
flown with the family to their vacation sites to have constant upkeep on the
dog. The Obama administration has the biggest staff in American history with the
highest wages yet.
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