A new poll shows that Americans think 25% of the federal budget is spent on foreign aid. The number is actually under 1%.
"Entitlement spending is the single largest driver of current and future deficits. That’s where the battle is. Aid spending and earmarks are not threatening to bankrupt the country. Social Security and Medicare are. And those programs are extremely popular. No politician with an eye on 2012 would be willing to cut them.
The government has made promises it can’t possibly keep. But most people refuse to believe that. So they don’t. As a guarding mechanism, they instead make grand assumptions about how much things like transfer payments to other governments and earmarks cost."
Unemployment has reached 9.8%.
The Obama administration has proposed and supported regulations on oil rigs, mines, factories, and fisheries which have ultimately cost Americans their jobs.
"For all his talk of job creation, President Obama has targeted many occupations for extinction. Using unelected bureaucrats to implement a host of job-killing measures, his administration is generating piles of pink slips."