His central theme?
"From each according to their ability, to each according to their need"
Like almost everything out of this man's mouth, his speech was pure excreta. He took bricks of leftist dogma, mortared them together with BS, and built a house of lies.
President Obama has racked up more publicly-held debt that all previous presidents combined, and he has the temerity to lecture us about fiscal responsibility, shaking his finger at Bush and Reagan.
Progressive America: Brought to You by Lies & Propaganda
Obama repeated the lie that tax cuts increased the national debt. As always, he is wrong. Every time we cut taxes, the economy grew and actual taxes collected by the federal government increased. Revenue is defined as the money the federal government takes in from taxes.
To refute the shameless lefty lies told to us by our president, here are the facts on taxes, revenues and economic growth
Tax Cuts Resulted in More Revenue
Contrary to the unhinged liberal propaganda, the data show that revenue did increase after the Reagan tax cuts and the Bush II tax cuts. The chart below is for the Reagan years and it shows the growth in constant 2005 dollars. The same happened after the Bush tax cuts. You can go here and run the numbers yourself.
The data plainly show that revenue increased after each tax cut, and GDP also kept climbing. So clearly, the culprit in all of this is the spending.
So Reagan and Bush tax cuts resulted in more tax money pouring into the government coffers. Unfortunately, this goaded politicians on to even wilder spending orgies, resulting in the growth of the national debt.
The Liberal Lie
This is where the mischief comes in. Liberals scream and point to the debt chart, ignoring the first chart showing the increase in revenue. To them, this "proves" that tax cuts cause debt. They have to leave out the fact that revenue increased and the economy grew in order to "prove" their lie. That tax cuts caused the debt is patently and provably false. Too much spending is what exploded the debt.
I defended John Boehner a few days ago, and I retract not one word. I think he's a good man. However, I now stand with the torches and pitchfork brigade. We need to cut trillions, not billions from the federal budget and the money needs to be returned to the people who earned it. If the progressives insist on buying votes, they can do it with their own damned money.
Cool picture yoinked from IntelBook
