Showing posts with label Government Spending. Show all posts
Showing posts with label Government Spending. Show all posts

Wednesday, February 20, 2013

The F-35 Folly: How Our Own Fighter Jets Are Killing Us

The F-35 Folly: How Our Own Fighter Jets Are Killing Us
"When you combine the price tag of the program with Government Accountability Office estimated operating and maintenance costs of the planes– the total cost of the program reaches over $1 trillion.
And here's the really tragic and absurd part of this story. Thanks to the decade of delays, the technology in the F-35, once thought to be the best of the best, is now outdated."

Tuesday, January 22, 2013

Under Obama, Government Spending Has Grown More Slowly Than Under Any President Since Eisenhower

Under Obama, Government Spending Has Grown More Slowly Than Under Any President Since Eisenhower"Federal outlays over the past three years grew at their slowest pace since 1953-56, when Dwight D. Eisenhower was president. Expenditures as a share of the economy sank last year to 22.8 percent, their lowest level since 2008, according to Congressional Budget Office data. That’s down from 24.1 percent in 2011 and a 64-year high of 25.2 percent in 2009, when Obama pushed through an $831 billion stimulus package. [...]
Spending grew just 0.6 percent from 2009 to 2012, according to data compiled by Bloomberg from government reports." And for all the tea partiers that love to deny math, republicans admit this true and actually want to take credit for it. So before you go denying numbers (like Romney's poll numbers) just remember republicans want credit for this.