Over 15 trillion spent on Great Society programs in almost 50 years
Some claim it would end poverty in our lifetime
same level of poverty
No doubt, the terrible economic performance of the last few years
does not help
Combined with that debt we have incurred to get such a poor performance,
perhaps, gov't does not have all the answers
Does anyone really think throwing more money at it
is going to help?
This idiot does.....
I hear you
Reminds me of an old post I did
Couple of years old but it has only gone higher
Move Over Einstein, there is a new kid in town
Comrades,
We know that many on the racist right have tried to play up Papa Obama's deficit spending as having no end in sight. But, through my sources at DNC, I have been given inside knowledge of Papa Obama's theory on deficit spending. Papa Obama has actually found a universal constant to spending.
Apparently, he has based it on another's work but not as smart as Papa Obama to see the big picture
E= MC^2
where:
E= socialist egalitarianism
M= Gross National Product
C= speed of spending- which is a constant
It is so simple and beautiful
Let us approximate on our current deficit spending to show us how this works
(using 365 days) h/t to
RealDealPolitics
At 4 trillion dollars a year, what we actually have....
Per actual day $10,958,904,110
Per actual hour $456,621,005
Per actual minute $7,610,350
Per actual second $126,839
Indeed as spending approaches the same number of units per second for the speed of light or 186,282 miles per second, we will reach our Progressive Utopia. In Papa Obama's theory, as we approach this speed of spending constant the National Debt will actually slow down. Of course, once achieving this Utopia, the masses will respond in kind by being the most productive ever in history and at that point the Deficit will just "wither away". Man will truly become free...
Trying to build on Papa Obama's theory, some progressives,
like Krugman, are hard at work to see if we can break this constant of spending to see if it would be possible to even reverse the National Debt.
These are most exciting times we live in comrades
Remember,
Papa Obama IS working, we just need more spending to get there !