Sunday, December 19, 2010

Government Spending and Results

The New American reports:
For decades, our federal government has annually poured tens of billions into education and the product continues to worsen. The same elected geniuses started a Department of Energy when imports totaled 30 percent. The import total is now 70 percent. Federal housing policies convinced many Americans they could own a home with little or no down payment and the resulting housing crisis ushered in the current recession. Other geniuses started providing food stamps for several hundred thousand in the 1960s while assuring everyone that the number of recipients would never grow larger. Now, over 40 million — one in seven Americans — are on this form of handout. We could go on. But it has to be obvious that whatever the Federal government undertakes beyond its constitutionally authorized powers turns out to be a bust.