Don’t Buy The Lie!
|U.S. Debt 1900-2020|
Obama announces he wants to “cut 1.6 trillion dollars” from the federal budget.
No, of course not. And when I researched the details I found it IS a 1.6 trillion dollar cut that he has proposed, but it’s spread over the next 10 years!
The Congressional Budget Office (CBO) just announced that our national debt is expected to double in the next 15 years. And many non-government observers believe it will double in the next four to seven years.
So with deficits running about 1.2 trillion dollars a year and the total debt climbing to over 30 trillion dollars in the next 10 years or so, Obama wants to cut the deficit only 160 billion dollars a year? What a farce!
Sometimes it’s hard to grasp those large numbers. So in numbers we can better understand, think of our situation this way–suppose this was our family financial situation.
Our income is $29,000
Our expenses are $38,000
Our total credit card debt is $121,000,000
Obama thinks it’s ok to cut $1,600 a year for 10 years.
Try that with YOUR banker. Think he would continue to fund your account? Hardly.
Don’t buy the lie. Obama is NOT serious about reducing the debt. It seems by all of his actions (not his words) he is trying to spend us into bankruptcy.
Getting to the heart of the Republican and Democratic problem is the debt ceiling. They have to vote to keep raising it in front of the public’s eye. The last time they raised it, it made both parties suffer and look silly.
So I’m guessing that if this ridiculous “deficit reduction ruse” is ultimately concluded with an agreement to also raise the debt ceiling, it will just mean politicians did not want to vote publicly on such a lightning-rod issue. So they cover it with something else… in this case, fanning the fears about the national debt.
And that would mean, believe it or not, our politicians are actually WORSE than we thought they could be! They would have had to put this plan and timing together BEFORE the election. Which means BOTH parties are conspiring, both parties are lying.
All we really know is that God, in His infinite wisdom and His perfect purposes, has allowed Obama to be reelected.
assurance that, thankfully, God is in full control of our lives and country. Lies will continue to be perpetrated on us. We have to keep our eyes not on this life, but on the next.
2 Cor. 4:18
“For the one who sows to his own flesh shall from the flesh reap corruption, but the one who sows to the Spirit shall from the Spirit reap eternal life.” Gal 6:8