President Bill Clinton in 1996: “The era of big government is (NOT!) over” — 13 years later
-
Exposing Faux Capitalism
October 12, 2009On January 27, 1996, President Bill Clinton stated during his 1996 State of the Union Address, “The era of big government is over.”
The federal budget numbers are from the 1996 and 2009 budgets.
THEN: No government bailouts
NOW: Bailouts could reach $23.7 trillion
THEN: Total federal spending was $1.61 trillion
NOW: $3.1 trillion
THEN: Government was already big.
NOW: The PATRIOT Act, Department of Homeland Security, two unconstitutional wars, federalization of the National Guard, warrantless wiretaps, 30+ “Czars.”

THEN: Defense spending was $262.2 billion
NOW: $651.1 billion
THEN: The federal debt was $5.27 trillion
NOW: $10.41 trillion
THEN: “Our economy is the healthiest it has been in three decades.”
NOW: The economy is the worst it’s been in six decades.
THEN: “We have the lowest combined rates of unemployment and inflation in 27 years.”
NOW: The highest rate of unemployment in 26 years.
THEN: “America is selling more cars than Japan for the first time since the 1970s.”
NOW: GM and Chrysler went bankrupt, Toyota overtook GM as the world’s largest car producer in 2008 for the first time ever.
THEN: “And for three years in a row, we have had a record number of new businesses started in our country.”
NOW: The highest number of bankruptcies in the past four years since the 2005 bankruptcy overhaul.
Categories
Recent Posts
- Over 130,000 cases of Diabetes linked to soda consumption
- Wife of Rep. Conyers sentenced to 37 months in prison (for bribery)
- Japanese Have Washington Post Running Scared over 9/11
- China is being threatened by the United States says Michel Chossudovsky
- The Icelandic People Scored a Victory in the Struggle for Democracy
Recent Comments
Tag Cloud
- 666 Alex Jones alternative news tweets Bob Chapman Charlie Sheen Dr. Marc Siegel eugenics Flu Season Flu Shots flu vaccine Gerald Celente global warming Googles company slogan Hollywood Reality mark of the best martial law masonic symbols New World Order Obama Obama Joker occult symbolism Ron Paul ted kennedy Vaccines world currency



