Out of control drunken waste and spending habits are costing most Americans their financial future. Each child now born in the United States owes the government $34,000 in future taxes. Most money is owed to communist China as long term debt (with interest) sadly, by a free America, a free Constitutional country.
The tax and spend government and stock market have been in free fall. The Bush Administration have spent Trillions on Wars and Homeland security to protect America. However, the Obama administration experiment continued those policies and then added more Trillions in bailouts to Insurance, Wall Street, auto companies and Banking housing markets (too big to fail friends of Obama’s administration). A big turn to government stimulus jobs over private jobs is causing over 9-10% unemployment and 14+ Trillion in debt. Business is seeing unusually extra high cost by their insurance companies because of the Obamacare mandates.
The wasteful fraud issue continues unabated. Obama said, “In 2009 they had 50 Billion in Medicaid and Medicare fraud.” In 2010 and 2011 little has been done to control this waste of taxpayers’ money to help keep these programs afloat and premium costs in check. A Billion a week is lost! Meanwhile, over 40 million families have been put in the difficult position of government food stamps, which is 40% more than 4 years ago.
Tax increases in all forms are coming to Americans, which is supported by Washington liberal leftist Democrats and President Obama's apparent hatred toward free private business! Constitutional conservatives and elected persons in all levels of government, can reverse that trend by giving tax incentives for business that will create good paying jobs.