Socialism leaves you penniless

The sitting federal Congress that will recess in a few days has gone down in history as the one group of people who has increased the debt of the United States more than anyone else. And all of this after the Speaker of the House, Nancy Pelosi, stated, “After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending. Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.”

111th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S. | The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29) during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury……During the Rep. Nancy Pelosi’s (D-Calif.) tenure as speaker, which commenced on Jan. 4, 2007, the federal government has run up $5.177 trillion in new debt. That is about equal to the total debt the federal government accumulated in the first 120 years of the nation’s existence …

The socialist program of the current Congress has led to this out-of-control spending. The American people are more burdened with the expense of socialist public policy than ever before. We are more burdened than ever with the tyranny of an oppressive government that eats out the substance of our productivity and punishes those who maintain personal responsibility in their homes and businesses.

Posted by Daniel J. Sparks

Anglican minister, teacher, speaker, and writer.