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Obama's Real Cost: $19 Trillion in Missing GDP

Matt in N.C. Wrote: Jan 26, 2013 6:14 AM
"Since it’s unrealistic to expect politicians to make meaningful cuts in government spending, we have to reduce the burden of government- over 40 percent of our GDP in 2013- by growing the private sector more rapidly." That would be a fine idea if some of those politicians weren't insanely determined to stop growth and the rest weren't indifferent. How much private-sector expansion would serious exploitation of our own coal, oil, and gas reserves stimulate? It's hard to imagine. Even the Keystone Pipeline would be a major boon. Neither the regime nor the feckless opposition party will let us grow our way out of this mess. Nothing good can happen till every career politician in Washington has been evicted or hanged.
AZhot Wrote: Jan 26, 2013 8:23 AM
Get your gun and be ready to die in the streets or shut up.

There's a super storm raging over our economy that's been seeded and fueled by the federal government over a period of the past several decades. And it's literally costing the country trillions of dollars in GDP per year.
It’s not merely garden-variety government waste that's the problem either. It's monumental stupidity by the government, combined with venial cupidity by voters who think they can get others to pay for their free lunch.

This government-created storm has, more than any other factor, contributed to the fiscal crisis; a crisis that is creating more expansive government programs, robbing us of more GDP, thus ensuring...

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