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Economics 101 for Senators and Representatives: President Obama's Legacy of Deficit Spending and National Debt
Economics 101 for Senators and Representatives: President Obama's Legacy of Deficit Spending and National Debt
Economics 101 for Senators and Representatives: President Obama's Legacy of Deficit Spending and National Debt
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Economics 101 for Senators and Representatives: President Obama's Legacy of Deficit Spending and National Debt

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The mission of this book is to inform all American citizens how their senators and representatives vote in Washington. Do your senators and your representative fulfill the responsibilities of government in the Constitution and vote in your favor? If that is true, they are your friends. Or do your senators and your representatives violate the Constitution and vote against your best interest? If that is true, they are your enemies. If you vote for and reelect your enemies, they will be your enemies the next two or six years.

President Obama's legacy of deficit spending is characterized by average deficit spending of more than a trillion dollars annually. During those eight years, every American household went to bed each evening fifty dollars deeper in debt, regardless of how hard they worked or whether they spent any money. The national debt more than doubled during President Obama's eight years in office. Each person's share of debt increased from $30,000 to $70,000.

LanguageEnglish
Release dateAug 24, 2022
ISBN9781685265144
Economics 101 for Senators and Representatives: President Obama's Legacy of Deficit Spending and National Debt

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    Economics 101 for Senators and Representatives - Wallace Hoffman

    ISBN 978-1-68526-513-7 (Paperback)

    ISBN 979-8-88644-607-4 (Hardcover)

    ISBN 978-1-68526-514-4 (Digital)

    Copyright © 2022 Wallace Hoffman

    All rights reserved

    First Edition

    The New International Version is used for all Scripture references except one, which is identified in the text as the King James Version.

    Figures in this book, including the front cover, were generated from my drawings by Ford Press, Leesburg, Florida.

    All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods without the prior written permission of the publisher. For permission requests, solicit the publisher via the address below.

    Covenant Books

    11661 Hwy 707

    Murrells Inlet, SC 29576

    www.covenantbooks.com

    Contents

    Introduction

    Chapter 1: The Role of Economics

    Principles of Economics 101

    Budgeting Is Always Necessary

    Ignorance of Economics 101

    The National Debt

    Monumental Growth of the National Debt

    A Brief History of the Recession

    Low Ratings of Congress

    Voting by Noncitizens

    The Economics of Legal and Illegal Immigration

    Unaccompanied Minors

    Criminals in Sanctuary Cities

    The English Language and Economics

    Chapter 2: Death and Taxes

    The Cost of Government

    Taxed to Death

    Redistribution of Wealth

    Broken Economic Promises of the Obama Administration

    Taxes Paid by the Wealthy

    The Laffer Curve

    The Untaxed

    Discrimination against Married Parents

    Earned Income Tax Credit

    Corporate Income Tax

    Other Anti-investment Taxes

    The Estate Tax

    Tax on Social Security

    Massive Unemployment

    The Cloward-Piven Strategy

    The Ants and the Grasshoppers

    Chapter 3: Three Institutions in Every Society

    A Study of History

    Marriage and Economics

    Adam Smith and the Wealth of Nations

    John Maynard Keynes and General Theory

    Christians and Economics

    Secular Values vs. Economics

    President Obama’s War against the First Amendment

    The LGBT Religion vs. Economics

    Myths Propagated by Homosexuals

    Islamic Sharia Law

    The Role of Government

    The Declaration of Independence

    The Constitution of the United States

    Gouverneur Morris and the Preamble to the Constitution

    The Government and Economics

    The Rise of Revivalist Protestantism

    The Decline and Fall of Revivalist Protestantism

    Socialism vs. Capitalism

    Obamacare Is Socialism

    Authoritarian Socialism (Dictatorship)

    The Triumvirate of President Obama, Majority Leader Reid, and Speaker Pelosi

    A Comparison of Two Dictators

    Chapter 4: The Congressional Scores of Senators and Representatives

    Wasteful and Corrupting Earmarks

    Congressional Scores of Senators from 2001 through 2017

    Congressional Scores of Representatives from 2001 through 2017

    Organizations within the House of Representatives

    Republican Study Committee

    Tea Party Caucus

    The House Freedom Caucus

    The Blue Dog Coalition

    Jewish Members of Congress

    Congressional Hispanic Caucus

    Congressional Black Caucus

    Congressional LGBT Equality Caucus

    Congressional Progressive Caucus

    New Democrat Coalition

    Justice Democrats

    Southern Poverty Law Center

    The Snake

    Continuum of Economic and Political Ideologies

    Chapter 5: List of Friends and Enemies to American Families

    The Preamble

    Epilogue: A Constitutional Crisis?

    The Law of Nations

    Citizenship Records of Senator Kamala Harris’ Parents

    The Most Radical Proabortionist in the Senate

    Appendix A: Senate Roll Call Votes 2017

    Appendix B: House of Representatives Roll Call Votes 2017

    Bibliography

    Index

    Notes

    Introduction

    Do you know how your senators and your representatives vote in Washington? Do you care how they vote? Their voting records are of vital importance to our national defense, to your safety and security, and to your wallet or purse. A more poignant question, Do you know who your senators and your representatives are?

    Chapter 5, List of Friends and Enemies to American Families, is most important in discovering how your legislators represent you in Washington. The beginning of chapter 5 tells how Congressional scores are computed. Look at your state to find the Congressional scores of your senators and your representatives. Names of representatives are arranged alphabetically, rather than by the district represented. Your voter registration card lists the district where you live.

    For all legislators, chapter 5 lists the Congressional scores for each year in the legislature, a description of performance based on Congressional scores, and memberships in caucuses in Congress. You should be pleased to discover that your legislators are friends to American families. They vote in your favor on most roll call votes. If you vote for and help reelect a legislator friend, that legislator will most likely be a friend to you the next two or six years.

    On the other hand, if the legislator is an enemy to American families, that legislator votes against you on almost every issue. If you vote for and help reelect your enemy, that legislator will be your enemy for the next two or six years. If you vote for a proabortionist, you are jeopardizing the lives of untold thousands of babies in the mother’s womb or recently born. Planned Parenthood, the pro-abortion specialist, has killed more than sixty-two million babies and killed a record number in 2019. Proabortionists also vote to fund Planned Parenthood with your taxpayer money. All 163 members of the Congressional LGBT Equality Caucus, former members, and former members now in the Senate are proabortionists.

    Look also at the Congressional scores of other senators and representatives from your state. Since Congressional scores are based on the preamble to the Constitution, the collective scores reveal to what extent the legislators in your state support the Constitution. The state average is also informative.

    Chapter 5 includes only the current legislators and active politicians who served in Congress previously. You may wish to identify any challengers to your enemies now in Congress. You can gain some identification of challengers from newspapers and/or TV. Remember that positive TV ads are a sales pitch, similar to other advertising on TV. Negative TV ads are the worst, for they tell absolute falsehoods in order to deceive voters about candidates. Thus, TV ads are worthless except for identifying candidates.

    Some voters will find that they have no alternative except to vote for their enemy or to leave that position blank on the ballot. No candidate from another political party filed for the position, so there is only the name of an enemy to American families on the ballot. The third option, to write in the name of a candidate almost always fails. The only legislator in the 116th Congress who was elected as a write-in candidate is Senator Lisa Murkowski (R-AK).

    Also look in chapter 5 for the Congressional scores of presidential and vice-presidential candidates. Those candidates are included in chapter 5 if they are serving or previously served in Congress. Read what chapter 5 tells you about the candidates. If the candidate is/was an enemy to you, it is certain he/she will become a more powerful enemy as president. If American citizens elect their enemies to office, they will get a government of their enemies. If they elect corrupt officials, the US will get a corrupt government. Elections always bring consequences.

    Chapter 5 includes the Congressional scores of former senator and president Barack Obama (D-IL). He is still active in the 2020 elections as a leader of the Democratic Redistricting Committee. He was ineligible for a third term as president of the United States.

    The mainstream media was enthralled by Barack Obama as a candidate for president and failed completely to investigate his background. He was born in Honolulu, Hawaii, and thus held dual British and American citizenship at birth. His father, Barack Obama Sr., was a British subject from Kenya and never held American citizenship. His mother, Ann Dunham Obama, was an American citizen. Under the longstanding English common-law principle of jus soli, persons born within the United States are American citizens by birth.

    The media thoroughly investigated Senator John McCain’s citizenship, since he was born in Panama. His father was an officer in the US Navy stationed in Panama at his birth. In 2008, the Senate unanimously approved a resolution deeming Senator McCain eligible for the presidency.

    A Federal Bureau of Investigation (FBI) security clearance is not required for election to Congress or to the presidency. President Obama was never subject to an investigation under the FBI’s traditional CARL requirements (citizenship, associates, reliability, and loyalty). President Obama spent more than a million dollars concealing his background and academic records that might reveal citizenship. His Indonesian citizenship was registered under the name Barry Soetoro, which is the citizenship under which he became a university student in the United States. No faculty member or fellow student acknowledged knowing or meeting him at Columbia University. He apparently is an Indonesian British American citizen who served as president of the United States.

    To the contrary, my birth certificate was a key document in the FBI investigation that I met the CARL requirements for a top secret security clearance with the US Air Force and again in receiving a passport for duty overseas as a pilot with the 746th Troop Carrier Squadron. At least one of my instructors at Kansas State University was asked to verify my identity. My birth certificate was required for my driver’s license in several states. It was required for Social Security and Medicare. My records from Kansas State University identify me as a native-born resident of Kansas and an American citizen, the son of American citizens.

    Golf became a major topic of conversation as President Obama’s rounds of golf soared above three hundred at the most luxurious courses during his presidency. Rev. Dr. Ken Folmsbee reminded us when he played at the St. Andrews course in Scotland how the name golf originated. The aristocratic Scottish elites called it

    G—Gentlemen

    O—Only

    L—Ladies

    F—Forbidden

    Each of us, beginning with your author, is filled with the inherent sin of selfishness and selfish desire, which tempts us to do what feels good to our carnal nature. We are each the Prodigal Son or Daughter. As in Jesus’s parable, we also have a loving Father who proclaims

    G—God

    O—Offers

    L—Love

    F—Forever

    When we come to our senses, we confess that we have sinned and repent of our wrongdoing. The loving Father has awaited our return and welcomes us home in his family.

    I dedicate this book to my patient, long-suffering wife of fifty-seven years, Daisy Hoffman.

    I honor Rev. Dr. Ken Folmsbee, now retired. He remained steadfast to biblical teaching in spite of attacks on the Church of the Holy Bible by atheists, agnostics, humanists, homosexuals, abortionists, cultists, theological heretics, socialists, social justice warriors, and economic illiterates.

    I am fortunate at this time in my life to know Rev. Dr. Dave Dorst, pastor of Grace Evangelical Presbyterian Church and the most knowledgeable person about theology and the Bible in my lifetime; Rev. John Hamblen, the most capable choir director and most knowledgeable about hymnology in my lifetime; Beverly Sapp, one of two friendly, most competent accompanists in my lifetime. The other friendly, most competent accompanist was Shirley Hamblen, before her death in November 2018.

    The purpose of this book is to inform all American citizens how their senators and representatives vote in Washington. Each citizen can vote intelligently according to the Congressional scores in chapter 5. These scores are based on thousands of roll call votes, and thus are valid, accurate, precise, and indisputable.

    Wallace Hoffman

    July 4, 2020

    Chapter 1

    The Role of Economics

    Economics plays a leading role in each person’s life every day. Everyone seeks answers every day to these two questions: How shall I spend my time? How shall I spend my money? Husbands and wives decide every day for the family: How shall our family spend our time today? How shall our family spend our money today? What goods and services shall we purchase? There is never enough time or money to meet our needs and wants, so critical decisions must be made daily. These decisions are the essence of economics.

    Economics comes from a Greek word which means literally managing the household. Husband and wife make management decisions each day. Human wants are unlimited; but the resources of land, labor, capital, and entrepreneurship required to satisfy them are limited. Economics deals with the production, distribution, and consumption of goods and services—how to balance human needs and wants with the resources available to them.

    It is often said—and is very true—that a person’s character is revealed by his or her checkbook. Character is revealed even more by a full list of expenditures. The spending of money and time reveals a person’s priorities in life.

    Parents are concerned about meeting their own needs and wants, but they also assume responsibility for the needs and wants of their offspring from the moment of conception throughout their own and their children’s lives. As children grow, they increasingly make decisions for themselves, and all decisions carry economic consequences. Thus, economy denotes the thrifty and efficient use of resources.

    Members of Congress are charged with the responsibility of making economic decisions for their constituents. However, many senators and representatives in the 111th through the 116th Congresses (2007 through December 2019) made faulty decisions in their roll call votes and made themselves enemies to American families.

    Principles of Economics 101

    While teaching Economics 101, American government, and American history, I developed a list of twenty-five principles that were most important for Economics 101. My students were concerned with microeconomics, but these principles apply equally to macroeconomics.

    Economics concerns all the choices a person makes about time and money. There is never sufficient time or money to satisfy his/her needs and wants. A foolish person spends his/her time and money carelessly. A wise person plans proper expenditure of time and money.

    There are two certainties in life—death and taxes. And you must prepare for each of them.

    In every society, there are three institutions that exert many profound, powerful influences on your economic life. These institutions are family and marriage, government, and church (or mosque, synagogue, or temple).

    Government merely prints money. Government does not create money. Government does not produce wealth through goods and services. It assesses (or taxes or appropriates or steals) wealth from the people who produce and distribute goods and services. Earnings rightfully belong to those who create them, not to the government. Property properly belongs to the individuals who legally gain that property through their work and expertise in living.

    The Constitution promotes a free enterprise economic system, in which individual citizens have the God-given right to control their income. Thomas Jefferson named the inalienable rights of life, liberty, and the pursuit of happiness. Personal property is guaranteed in the Fourteenth Amendment. Individual citizens have property rights to land, capital, and the fruits of their labor. On the other hand, socialism and communism (command economic systems) redistribute income from producers to consumers, from creditors to debtors, from those out of political power to those in power. In a command economy, the government acts as if income belongs to the government.

    Life is not always fair, but do not bellyache about what you perceive as the hand you have been dealt. Children are conceived, born, and reared under vastly different circumstances. Sicknesses and accidents happen. Natural disasters occur. Discrimination is a fact of life. The Equal Employment Opportunity Commission (EEOC) attempts to eliminate discrimination on the basis of race, color, creed, national origin, sex, or age. The United States Congress, nevertheless, maintains the most discriminatory practices against married couples with dependent children in the United States.

    Five factors determine your economic well-being: education, health, occupation, location, and reading habits and skills.

    The consumer always pays. Likewise, the taxpayer always pays. This principle always applies to any disruption to the production and distribution of goods and services, whether by natural disaster, weather, pandemic, crime, illegal activity, government regulations, or increased taxes at any level of government.

    A budget is always necessary for an individual, a family, a religious or social or educational or political organization, a business, a city, a country, a state, or a nation, regardless of income. The budget for any viable individual, family unit, or organization must begin with anticipated income.

    Provide first the necessities of food, clothing, shelter, health care, taxes, transportation, communication, etc. Whatever remains is your discretionary income. Total expenditures for a viable unit cannot exceed the income, so decisions concerning discretionary spending must be curtailed or even eliminated in the absence of discretionary income.

    A family suffering hard times must be frugal and thrifty in its expenditures. The family cannot spend its way through economic difficulty. Spending what a family does not have leads to bankruptcy. Likewise, a nation must curtail its spending during economic difficulty. It cannot spend its way out of a recession. Excessive spending changes a recession into a full-blown depression. Printing fiat money merely delays the inevitable depression. Economic collapse then results in chaos, a dictatorship, and huge loss of life.

    You make many choices every day of what to do, how to use your time, where to go, and how to spend your time and money. Each of these choices, whether small or large, brings economic consequences.

    Sound economics demands that the choices a person makes each day must be pro-family decisions. This means that each choice how to spend your time and how to spend your money must be made in terms of the best economic consequences for the entire family. Likewise, the loyal member of an organization or a business must choose time and money to provide the best economic consequences for the entire organization or business. A loyal citizen must choose time and money to provide the best economic consequences for the political unit. Time and money must be spent in a responsible manner.

    Do comparison shopping. Be sure to get the best value (quality and price) for your money. Every expenditure illustrates economic choices and economic consequences.

    There is no such thing as a free lunch. Corollary 1: If you are able-bodied and don’t work, you don’t eat. Someone’s effort paid for the lunch provided to you free. Likewise, there are few goods or services which are provided free. Politicians sometimes promise free products or free money in order to win your vote. What you receive free of charge will be paid by the effort of others under government requirement. Professionals sometimes provide pro bono services (without charge) as humanitarian goodwill.

    The classic economic principle of supply and demand affects all of life. Wherever there is a demand for a product or a service, a supply will be created (the profit motive) to serve that demand, whether for food, clothing, housing, furniture, medical care, transportation, petroleum, electricity, telephones, music devices, TV, alcohol, drugs, etc., whether the product is legal or illegal, such as abortion, prostitution, cocaine, marijuana, or other illegal drugs. The price of the product or service is determined by the amount of supply in relation to the demand. Coincidentally, if there is no demand, no supply will be created, since there would be no profit.

    Most of all, the principle of supply and demand affects energy prices, for energy is an essential worldwide commodity. Energy dependence is economic weakness, and continued energy dependence results in political and military weakness. Energy independence is economic strength, and continued energy independence results in political and military strength.

    The economic principle of supply and demand applies to labor equally as to other goods and services, for labor is one of the four factors of production. As the supply of labor increases through legal and illegal immigration, the price of labor (wages and availability of jobs) falls.

    Seeking cheap labor from legal or illegal aliens is not in America’s best interest. It is detrimental to American citizens through depressed wages for all American workers and unemployment for the same number of citizens as the number of aliens. Like all economic principles, the principle of cheap labor from aliens applies to all nations.

    Savings denote that a family is expanding its economy, its optimistic outlook on life, and its influence in society. On the other hand, deficit spending indicates economic regression, pessimism and discontent on life, and less influence in society. Continued deficit spending leads to bankruptcy or economic slavery. Likewise, a positive balance of trade denotes that a nation is expanding its economy; its optimism for the future; and its political, social, economic, and military influence among all nations. On the other hand, a negative balance of trade indicates a declining economy; dissatisfaction with government; and a decline of political, social, economic, and military influence. A larger favorable balance of trade accelerates the nation’s positive growth. On the other hand, a larger or prolonged negative balance of trade accelerates the nation’s decline.

    You are not responsible for the economic misfortunes of others, either as individuals or as nations. You assure first that your family, your community, and your citizens have the necessities of food, clothing, shelter, medical care, transportation, communication, and emergency funds (no debt). You are concerned about misfortunes of your close neighbors, for these affect your own economic well-being. The help you give others is a measure of humanitarian goodwill, especially to those distant from you. Do not be misled by calls for social justice. These usually have an ulterior motive, such as greater political power.

    Those who have wealth must distinguish accurately between true friends and false friends, true and false enemies. Those who are poor soon discover their true and false friends, true and false enemies. Any fool can live poor. A fool and his money are soon parted, but wisdom is required to live rich. This principle applies equally to individuals and nations. A foolish nation and its money are soon parted, but wisdom is required to continue as a rich nation.

    Three types of insurance are necessary in life: income insurance for the years when you can no longer work, health care insurance to protect against catastrophic illnesses or accidents, and automobile liability insurance. Corollary 1: If you cannot afford auto liability insurance, you cannot afford to drive. Health care is not an inalienable right, but government should provide the privilege of a safety net against excessive medical expenditures.

    You are an economic slave if you receive welfare from the federal government, except for excessive medical expenditures. You have lost your freedom to vote for the best candidate if you depend on welfare payments or the promise of welfare payments. You have lost freedom to live where you wish to live, to choose your neighbors, your independence if you live in government subsidized housing. Welfare received makes you an economic slave. You may become indebted to the government because of sickness or accident or misfortunes in your life, but you make wise choices in your daily living and strive to gain economic freedom.

    A debtor becomes a servant to his creditor(s). And the larger the debt, the more servile the debtor becomes. Both Christians and non-Christians recognize the truth of Proverbs 7:22, The rich rule over the poor, and the borrower is a slave to the lender.

    Whoever pays the piper calls the tune. Whoever pays the campaign expenditures of an elected official determines that official’s vote. He then proclaims, I have payback to give to those who placed me in office and continue me in office. In today’s biased journalism, whoever funds or owns newspapers and/or television stations determines that media’s agenda. If we follow the seductive tune of a Pied Piper or an entertainment celebrity, we rush to our destruction as assuredly as the rats and the children of Hamelin. And the children who listened to the Pied Piper or the celebrity disappeared into obscurity.

    As Mr. Micawber told young David Copperfield, a person is happy if he has an income of twenty pounds a year and spends even nineteen pounds and nineteen shillings. But a person is miserable if he earns twenty pounds a year and spends twenty-one pounds.

    Budgeting Is Always Necessary

    Budgeting is always necessary for individuals, families, churches, social and civic organizations, cities, counties, states, and nations, regardless of income. My students in Economics 101 were required to complete an annual budget for their first year after leaving school. They must budget to live independently of parents or other relatives and be self-supporting. If married, they must complete a budget for the couple. Students received lists of average annual incomes for all occupations in the area, ranging from college presidents to dishwashers. We discussed the educational and preparatory requirements for each occupation. I invited one or two employers of numerous graduates to present the qualifications they expected of employees and the opportunities for employment. Students were required to choose their most likely occupation, based on their GPA (grade point average), their standardized test scores, their own finances, and their realistic occupational aspirations. Expenditures could not exceed expected income.

    The model budget included the following categories of expenditure, even if the amount of expenditure was zero:

    church, synagogue, mosque, or temple;

    house payment (rent or mortgage), insurance;

    groceries, cleaning supplies, pet supplies;

    house and yard maintenance;

    clothing, shoes, all apparel;

    HOA fee (homeowner or condo association);

    eating out (fast-food to upscale restaurant);

    household furnishings;

    electricity, gas, and other energy utilities;

    water, sewer, and waste removal;

    wireless or cell phones, telephone;

    computers and printers, printer inks;

    TV, Internet access, Wi-Fi;

    Kindle, iPad, iPod, iPhone, etc.;

    cash incidentals, cash paid with no receipt;

    licenses (auto, driver, etc.);

    property taxes;

    federal and state income taxes;

    auto payments, auto leases, transportation;

    auto insurance;

    gasoline, tolls, auto operation;

    auto maintenance;

    medical and dental expenses, medicine;

    civic, social organizations;

    professional dues;

    books, newspapers, magazines;

    charitable contributions;

    nondeductible contributions;

    exercise, entertainment, sports, recreation;

    hobbies, photography, hunting, fishing;

    cosmetics, jewelry, haircuts, grooming;

    nicotine, liquor, drugs, etc.;

    travel (motel, hotel, air travel, tickets, etc.);

    interest, finance charges, college loans, etc.;

    postage;

    dry cleaning, laundry; and

    savings.

    The US budget, the budget of We the people (macroeconomics) should be similarly detailed. The CBO should list every office and agency in the federal government, grouped into the legislative, judicial, and executive branches and then each department within the executive branch. Each of approximately fifteen appropriations should be approved as a stand-alone bill as developed by the Senate and House budget committees. There should be opportunity for debate and amendments to increase or decrease the appropriations. There should be no closed-door or back-room negotiations. No extraneous expenditures may be attached to any must-pass legislation.

    A balanced budget amendment to the Constitution is necessary for Congress to discipline itself and spend no more than anticipated income. Unfortunately, the terms Congress and discipline present an oxymoron. The balanced budget should be limited to a maximum of 20 percent of GDP (gross domestic product) except during a declared war. Congress is so addicted to deficit spending that the budget should be enforced stringently. The salaries of the president, vice president, Cabinet officials, and members of Congress and their staffs should be held in escrow until the balanced budget is signed into law. The balanced budget allows Congress to avoid wasteful spending sought by lobbyists and special interests.

    There are fourteen words in the United States Constitution that open the Pandora’s box to this economic catastrophe: Congress shall have the power to lay and collect taxes, duties, imposts, and excises. Congress is thus responsible for the waste, fraud, abuse, and mismanagement that have created the national debt.

    Ignorance of Economics 101

    Early during the 2008 presidential campaign, Tax Foundation commented in the article entitled Did Hillary Clinton Fail Econ 101?That none of them—Clinton, Obama, or McCain—seems to have a grasp of basic economics.¹ Tax Foundation also presented a chart of the proposed tax rates for the three candidates. Neither candidate Barack Obama nor former presidential candidate Hillary Clinton nor Senator Bernie Sanders ever managed a business, developed a budget, was responsible for a payroll, or was involved in the production and/or distribution of goods or services. Apparently, none of these three ever took the basic course Economics 101.

    Candidate Obama received a stipend to Columbia University as a foreign student because of his Indonesian citizenship. The earliest record I could find of his employment was as a community organizer for ACORN (Association of Community Organizations for Reform, Now). His first earned income apparently came from government funds used and misused by ACORN in the form of community development grants. He decided he could better serve ACORN as an attorney, so he entered law school. He was first elected to the Illinois State Senate and then to the US Senate.

    In 2001, I began keeping Economics 101 grade books based on the roll call votes of senators and representatives. During his freshman year, Senator Obama (D-IL) voted against taxpayers eighteen times and voted in favor of taxpayers not a single time. According to their roll call votes, then senator Obama and countless other senators and representatives were totally ignorant of Economics 101. Prelaw curricula do not require Economics 101, and only a few colleges accept Economics 101 as an elective course. Trial lawyers are typically taught to develop an antipathy against producers and suppliers of goods and services. A majority of their cases will consist of filing lawsuits against the producers and providers of goods and services. By education, training, and experience, they become antagonistic against farmers, manufacturers, businesses, and professionals who stimulate the economy.

    Senator Obama voted according to his ideology, rather than any knowledge or understanding of Economics 101. In his book The Obama Nation: Leftist Politics and the Cult of Personality, Jerome R. Corsi presented a most accurate, indisputable account of Obama’s corruption and radical ideology.² Presidential candidate Obama was so incensed against Corsi’s writing that his campaign produced a forty-page Unfit for Publication commentary which accused Corsi of lying. Nevertheless, Corsi wrote honestly and truthfully facts that could not be refuted.

    Chapter 5 in Jerome Corsi’s book, The Ideology of ‘Change,’ was extremely important in revealing candidate Obama’s radical leftist ideology.³ During his 2008 presidential candidacy, Obama revealed his lack of patriotism in his failing to treat the American flag with respect during the national anthem. He stated his desire to transform the United States, though he did not elaborate on the methods or actions he would utilize in the change he visualized. When it became apparent that he would be elected president in 2008, Barack Obama proclaimed, We are five days away from fundamentally transforming the United States of America.

    In the first eight chapters, Jerome Corsi presented the background for President Obama’s radical leftist ideology. Chapter 9 was entitled A Far-Left Domestic Policy and included these main ideas⁵:

    redistribution of income,

    radical proabortion views,

    a history of opposition to the Second Amendment,

    universal health care,

    Obama’s Global Poverty Act, and

    lack of patriotism or loyalty for the country he sought to lead as president.

    In 2008, then senator Obama expressed income redistribution as fairness to all. Only the wealthy, those who had money, would pay higher taxes so that those who did not have money or taxable income could live better. Only Joe the Plumber apparently recognized the socialism in his campaign proposals. Then Joe was attacked and silenced. The adulating media never questioned Senator Obama for his income redistribution.

    Senator Obama was able to steer the Global Poverty Act, which he named and sponsored, through the Senate in 2008. This was A bill to require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of…reducing by one-half the proportion of people worldwide between 1990 and 2015 who live in extreme poverty.⁶ Under his plan, US taxpayers would provide the UN’s Millennium Development Fund with sufficient funding to reduce by one-half the world’s population who were living in poverty during his first term and half of his second term as president.

    The National Debt

    An American baby born on Veterans Day, November 11, 2019, your child or perhaps your grandchild, received at birth a debt of $70,000. The estimated population of the United States was 330,000,000, consisting of approximately 11,000,000 to 12,000,000 illegal immigrants or more and about 319,000,000 citizens and legal immigrants.⁷ If he is the second child in our traditional American economic unit of father, mother, and two dependent children, the household of husband, wife, and two children have a total debt of $280,000. As a typical family, your son’s debt exceeds the family’s total assets. Since only half of American citizens pay any income taxes, or expect to pay, in effect, this taxpaying family has a debt of $560,000.

    Monumental Growth of the National Debt

    During the eight years of President Obama’s administration, the national debt doubled, from $10,000,000,000,000 ($10 trillion) to $20,000,000,000,000 ($20 trillion). In terms of family finances, your son’s family, and every American family, went to bed each night $50 deeper in debt, regardless of how hard they worked or whether they spent any money.

    When Congress suspended the national debt in October 2013, the Republican leadership surrendered each American family’s pocketbooks to President Obama and granted his demand for increased taxes in order to spend more money, thus ending the government shutdown. President Obama received an additional $41 of taxpayer money for each dollar reduced from the continuing resolution. The most apt comparison was to give three adolescents named President Barack Obama, Senate Majority Leader Harry Reid (D-NV), and Speaker of the House Nancy Pelosi (D-CA) three days of time in an upscale electronics store with a limitless credit card. Each American family, especially the children and grandchildren, was stuck with the debt.

    The Obama administration, Congress, and the American populace became so addicted to deficit spending that it remained impossible to stop unsustainable spending or to balance the budget. In June 2015, the nonpartisan Congressional Budget Office (CBO) issued a 132-page report entitled The 2015 Long-Term Budget Outlook. This report noted on page 1 that the huge deficits of the past six years doubled the national debt.

    When the Democrats reached a filibuster-proof level of 60 percent of the Senate in 2010, taxes were raised to their highest level. Congress had neither the votes nor the decency to spare American citizens from the most draconian taxes in a time of peace. To quote from the American Lantern Press, Virtually Nobody—Living or Dead—Is to Be Spared from Tax Increases in 2011.⁹ On January 1, 2011, because of the Democrat supermajority,

    the 10 percent bracket rose to an expanded 15 percent,

    the 25 percent bracket rose to 28 percent,

    the 28 percent bracket rose to 31 percent,

    the 33 percent bracket rose to 36 percent, and

    the 35 percent bracket rose to 39.6 percent.

    In addition, the marriage penalty returned from the first dollar of income. The death tax returned. The alternative minimum tax ensnared over twenty-eight million families, up from four million in 2010. The capital gains tax rose from 15 percent to 20 percent. The dividends tax rose from 15 percent to 39.6 percent. Taxes were raised on all types of businesses. These higher taxes continued until President Trump’s Tax Cuts and Jobs Act of December 2017, effective January 1, 2018.

    At the end of FY (fiscal year) 2012, deficit spending reached $1.1 trillion for the fourth straight year of deficits exceeding a trillion dollars. Under the budget President Obama presented to Congress in 2012, taxes would be raised again, and the deficit would still be $1.3 trillion.¹⁰ In 2013, more taxes and more debt. Again in 2014, more taxes and more debt. Again in 2015, more taxes and more debt.

    This Congressional spending frenzy continues during the Trump administration, to the consternation of President Trump. On May 3, 2017, the House passed by a 309–118 roll call vote a bloated $1.1 trillion omnibus spending bill known as the Consolidated Appropriations Act of 2017. This act averted a looming government shutdown unless Congress would approve Democrat demands for more expenditures, including more money for Planned Parenthood. Planned Parenthood received $544 million in taxpayer money.¹¹ Though Democrats were a minority in the House, 178 Democrats and 131 Republicans voted for the omnibus spending bill. There were 103 Republicans, especially members of the Freedom Caucus, who attempted to spare American taxpaying families from the increased financial burden.

    The addiction to spending

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