Friday, June 11, 2010

obama money

It has happened on 3 occasions that I have heard someone refer to their welfare check money as 'Obama money". I thought at first they were kidding but after listening awhile it occurred to me they really had no idea where the money actually came from. To them it was just Obama money and any working people paying taxes had nothing to do with it. Has our school system failed to teach civics? At one time in this country there were about 8 people working in the private sector to support a government worker or person on the dole. It is now just above 1 to 1. With our high unemployment and the only jobs being created government jobs, that ratio will soon tip too far. As a result our government will borrow even more money, beginning a downward debt spiral from which we will not recover. Remember, the government does not produce, it is just our largest consumer. It's true when they say socialism is great until you run out of other peoples' money.