{"id":3567,"date":"2010-09-22T11:00:38","date_gmt":"2010-09-22T15:00:38","guid":{"rendered":"http:\/\/www.jasetaro.com\/blog\/?p=3567"},"modified":"2010-09-22T11:00:38","modified_gmt":"2010-09-22T15:00:38","slug":"its-the-spending-stupid","status":"publish","type":"post","link":"https:\/\/www.jasetaro.com\/blog\/2010\/09\/22\/its-the-spending-stupid\/","title":{"rendered":"It&#8217;s the Spending, Stupid"},"content":{"rendered":"<p>If a picture really is worth a thousand words&#8230;\u00a0 Then this chart from the <a href=\"http:\/\/blog.heritage.org\/2010\/09\/21\/big-spending-not-tax-cuts-drive-u-s-budget-deficits\/\" target=\"_blank\">Heritage Foundation<\/a> says it all:<\/p>\n<p style=\"text-align: left;\">\n<figure id=\"attachment_3568\" aria-describedby=\"caption-attachment-3568\" style=\"width: 457px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2010\/09\/ALC-spending-causes-deficits_915.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-3568 \" title=\"ALC-spending-causes-deficits_915\" src=\"https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2010\/09\/ALC-spending-causes-deficits_915-653x1024.jpg?resize=457%2C717\" alt=\"\" width=\"457\" height=\"717\" srcset=\"https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2010\/09\/ALC-spending-causes-deficits_915.jpg?resize=653%2C1024&amp;ssl=1 653w, https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2010\/09\/ALC-spending-causes-deficits_915.jpg?resize=191%2C300&amp;ssl=1 191w, https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2010\/09\/ALC-spending-causes-deficits_915.jpg?w=915&amp;ssl=1 915w\" sizes=\"auto, (max-width: 457px) 100vw, 457px\" \/><\/a><figcaption id=\"caption-attachment-3568\" class=\"wp-caption-text\">Click image for full size.<\/figcaption><\/figure>\n<p style=\"text-align: left;\">Bottom line; we&#8217;re not under taxed&#8230; The government spends to much!<\/p>\n<p>H\/T: <a href=\"http:\/\/blogs.reuters.com\/james-pethokoukis\/2010\/09\/21\/once-again-the-problem-is-spending-not-revenue\/\" target=\"_blank\">James Pethokoukis<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If a picture really is worth a thousand words&#8230;\u00a0 Then this chart from the Heritage Foundation says it all: Bottom line; we&#8217;re not under taxed&#8230; The government spends to much! H\/T: James Pethokoukis.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26,7],"tags":[534,1363,490,1365],"class_list":{"0":"post-3567","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy","7":"category-politics","8":"tag-2010-elections","9":"tag-economy","10":"tag-government-spending","11":"tag-taxes","12":"entry","13":"has-post-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfpI7-Vx","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3642,"url":"https:\/\/www.jasetaro.com\/blog\/2010\/10\/29\/ouch-third-quarter-gdp-just-2-0\/","url_meta":{"origin":3567,"position":0},"title":"Ouch: Third Quarter GDP Just 2.0%","author":"Jeff","date":"October 29, 2010","format":false,"excerpt":"If Democrats were hoping for good news on the economy leading into Tuesday's elections they didn't get. Third GDP came in at an anemic 2.0%: The U.S. economy grew at a 2 percent annual rate in the third quarter as consumer spending climbed the most in almost four years, a\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1406,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/01\/28\/wsj-you-wont-believe-whats-in-that-stimulus-bill\/","url_meta":{"origin":3567,"position":1},"title":"WSJ: You Won&#8217;t Believe What&#8217;s in That Stimulus Bill","author":"Jeff","date":"January 28, 2009","format":false,"excerpt":"Stimulus plan my ass: In selling the plan, President Obama has said this bill will make \"dramatic investments to revive our flagging economy.\" Well, you be the judge. Some $30 billion, or less than 5% of the spending in the bill, is for fixing bridges or other highway projects. There's\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1897,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/04\/08\/is-more-spending-the-answer-to-our-economic-problems\/","url_meta":{"origin":3567,"position":2},"title":"Is More Spending the Answer to Our Economic Problems?","author":"Jeff","date":"April 8, 2009","format":false,"excerpt":"I mentioned last week that the Government and Federal Reserve had spent, lent or committed $12.8 trillion, here's video from stopspendingourfuture.org that helps put that in perspective: In short, we have spent more bailouts than we did on World War 2!","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1959,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/04\/18\/figures-on-government-spending-and-debt\/","url_meta":{"origin":3567,"position":3},"title":"Figures on Government Spending and Debt","author":"Jeff","date":"April 18, 2009","format":false,"excerpt":"FYI: Total public debt subject to limit April 16 11,125,587 Statutory debt limit 12,104,000 Total public debt outstanding April 16 11,183,899 Operating balance April 16 257,351 Interest fiscal year 2009 thru February 148,762 Interest same period 2008 198,518 Deficit fiscal year 2009 thru February 764,525 Deficit same period 2008 264,541\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3917,"url":"https:\/\/www.jasetaro.com\/blog\/2011\/03\/10\/rand-paul-injects-a-little-sanity-into-senate-debate-over-spending\/","url_meta":{"origin":3567,"position":4},"title":"Rand Paul Injects A Little Sanity Into Senate Debate Over Spending","author":"Jeff","date":"March 10, 2011","format":false,"excerpt":"If you read only one thing about how just out-of-control government spending has gotten and why it's so difficult to actually make real, meaningful budge cuts, read Rand Paul's floor speech from yesterday! Here's the video: http:\/\/www.youtube.com\/watch?v=nMqcLQzD-aA&tracker=False You can read the full transcript on Senator Paul's web site... Here's an\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/nMqcLQzD-aA\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2266,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/05\/29\/poll-question-is-the-us-economy-headed-for-a-recovery-or-a-dead-cat-bounce\/","url_meta":{"origin":3567,"position":5},"title":"Poll Question: Is the U.S. Economy Headed for a Recovery or a &#8216;Dead Cat Bounce&#8217;?","author":"Jeff","date":"May 29, 2009","format":false,"excerpt":"Ok folks, here's the 64 trillion dollar question for you... [poll id=\"14\"] I'm leaning toward dead cat bounce for various reasons... In short all the money the Federal Reserve and the Federal Government are pumping into the economy will have a positive effect and we will see GDP rebound in\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/3567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/comments?post=3567"}],"version-history":[{"count":0,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/3567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/media?parent=3567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/categories?post=3567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/tags?post=3567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}