A 100% failure rate!

Think about this . . .

The U.S. Post Service was established in 1775 - they've had 234 years to get it right; it is broke, and even though heavily subsidized, it can't compete with private sector FedEx and UPS services.

Social Security was established in 1935 - they've had 74 years to get it right; it is broke.

Fannie Mae was established in 1938 - they've had 71 years to get it right; it is broke. Freddie Mac was established in 1970 - they've had 39 years to get it right; it is broke. Together Fannie and Freddie have now led the entire world into the worst economic collapse in 80 years.

The War on Poverty was started in 1964 - they've had 45 years to get it right; $1 trillion of our hard earned money is confiscated each year and transferred to "the poor"; it hasn't worked.

Medicare and Medicaid were established in 1965 - they've had 44 years to get it right; they are both broke; and now our government dares to mention them as models for all US health care.

AMTRAK was established in 1970 - they've had 39 years to get it right; last year they bailed it out as it continues to run at a loss!

This year, a trillion dollars was committed in the massive political payoff called the Stimulus Bill of 2009; it shows NO sign of working; it's been used to increase the size of governments across America, and raise government salaries while the rest of us suffer from economic hardships. It has yet to create a single new private sector job. Our national debt projections (approaching $10 trillion) have increased 400% in the last six months.

"Cash for Clunkers" was established in 2009 and went broke in 2009 - - after 80% of the cars purchased turned out to be produced by foreign companies, and dealers nationwide are buried under bureaucratic paperwork demanded by a government that is not yet paying them what was promised.

So with a perfect 100% failure rate and a record that proves that each and every "service" shoved down our throats by an over-reaching government turns into disaster, how could any informed American trust our government to run or even set policies for America's health care system - - 17% of our economy?

Maybe each of us has a personal responsibility to let others in on this brilliant record before 2010, and then help remove from office those who are voting to destroy capitalism and destroy our grandchildren's future.
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• I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them. -- Thomas Jefferson
• "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." - Benjamin Franklin, 1759

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ARRA News Service

Freedom From Taxes Day Has Arrived

ARRA News Service: As we face the shock of this day which used to come earlier in the year, let's review the facts related to the day in a post by Warner Todd Huston, Publius Forum: Yesterday was finally the end of the days this year when you were working to pay the government its exorbitant fees. That’s right, July 16 was Cost of Government Day for the average American. Grover Norquist . . . has once again crunched the numbers and determined how long it takes most of us to finally pay off our own personal bloated government debt and begin, at last, to make money for ourselves.

This year Americans have worked until today, July 16, to pay for the total costs of federal, state and local government. This is 197 days of the year consuming 53.9 percent of national income. Over the past 22 years, in only four years (1982, 1983, 1991 and 1992) did Cost of Government Day fall later in the year.

Its simply outrageous that it takes 197 days of a year to finally pay off our government obligations and utterly criminal that more than half our income is consumed by bloated, needless bureaucracy.

Federal spending will consume 83.7 days. State and local spending will consume 50.5 days effort. Federal regulations cost 4l.7 days and State regulations cost 20.9 days. The spending data is precise, the regulatory burdens are understated.

. . . Reagan was right. Lower taxes means pro-growth. Let’s hope the next president does not torpedo the relatively good economic times we’ve had these last 15 years in favor of higher, economy killing taxes. The burden on the taxpayer is far too much and regulation is stifling to us all. [More about Tax Freedom Day]

Kennedy & Reagan Agree - It's the Economy Stupid!

Dr. Bill Smith, ARRA Editor: The following insightful words of two former revered Presidents shows clearly the track to National economic success which has developed the most vibrant economic system in the world:

It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now... Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.” — John F. Kennedy

“First, if I may, I’d like to establish the scope of the topic under discussion. For when we speak about the economy, we’re dealing with more than mere numbers, more than statistics about productivity and employment. We’re dealing instead with one of the most basic aspects of human existence: We’re dealing with the way the great majority of men and women spend most of their hours, most days, throughout the most productive years of their lives...I believe it’s important to remind ourselves that in dealing with the economy we’re dealing with human creativity. This insight has represented the underpinning of our economic expansion. We cut tax rates, reduced government regulation, and restrained Federal spending; and we unleashed the creativity of individuals and businesses. We gave them freedom to create; to keep the rewards of their own risk-taking and hard work; and to reach for new, bold ideas.” — Ronald Reagan

Two years ago, Congressional Republicans paid the price for following the wide path of their Democrat colleagues and pursuing the "congressional pork gravy train." Wastefully and increased spending by the Government has eventually slowed our economic growth. If it were not for the Reagan-Kennedy type Bush tax cuts, the economy would have slowed to a stop.

The present liberal Democrat leadership of Congress appears hell-bent on destroying our economy by pursuing increased taxes, spending via redistribution of wealth schemes and restrictions on business. The liberals hatred of President Bush exceeds their ability to do right by and for American citizens. Although Bush will be gone in less than seven months, these liberal, progressive democrats are focusing on the killing America's golden goose - our economy.

Our economy is the envy of the world and has raised the American standard of living to an all time high. To save our economy, our leaders need to listen to the words of Presidents Kennedy and Reagan: cut taxes, retrain government spending, reduce government regulation, and unleash the creativity of individuals and businesses.