Why Tea Parties? To Stop the Madness!

April 14, 2009 | By BoomerJeff In Government incompetence, ObamaNomics, Stimulus Spending |

The Obama gang has been carpet-bombing the media with derisive commentary regarding the hundreds of Tax Day Tea Parties held on April 15 in every state.

Obama deficit

The official Obama doctrine is that these protests don’t count because they are “orchestrated” stunts contrived by the Republican Party.

Don’t believe it. The Republicans are nearly as guilty of profligate waste as the Democrats, and you’ll see few Republican office holders at the Tea Parties.

Why the Tea Parties? Several recent government actions have outraged tens of millions of Americans. One, is the staggering increase in government borrowing and spending being undertaken by the Obama Administration.

During his campaign, Barack Obama denounced the Bush Administration every day for running “irresponsible deficits.” Obama’s campaign web site includes this attack on Senator McCain:

McCain Offers Four More Years Of Soaring Deficits. Just like George Bush, McCain budget plan offers four more years of soaring deficits, which the non-partisan Tax Policy Center said McCain’s tax plan would add $3.4 trillion to the debt over the next decade…

It turns out that a $3.4 Trillion debt increase over a decade would have been a bargain!

By the Obama Administration’s own, absurdly optimistic estimates, his frenzied borrowing and spending binge will add $3.4 Trillion to the debt, not over the next decade, but by next Valentines day!

The chart compares the deficit spending of the Bush era with the first two deficits of the Obama era.

The Obama Administrations first two annual deficits will add up to more than the sum of all the deficits run during the previous three administrations:

• the GHW Bush Administration; 1989- 1992
• the Clinton Administration, 1993 – 1997 (surpluses in 1998, 1999 & 2000)
• the GW Bush Administration, 2002 – 2008 (surplus in 2001)

The President says the increasing cost of health care programs, Medicare and Medicaid is the government’s biggest fiscal problem. But Obama’s own optimistic budget projects that over his four year term the cost of Medicare and Medicaid will increase by 33%, while the cost of interest on the national debt will increase by 47%, and beginning in 2012 interest will cost more than Medicare.

We can only hope that tens of millions of Americans show up for Tax Day Tea Parties and get the attention of the arrogant, clueless Congress.