seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


Visit USADebtClock.com to learn more!

Wednesday, February 16, 2011

We must return to the founder’s principle of limited government now

Obama's HHS Is Bigger Than LBJ's Entire Government

Anyone who doubts that the trend toward socialism is pushing America toward ruin should examine the historical tables President Obama published Monday along with his $3.7 trillion budget.

In fiscal 2011, according to these tables, the Department of Health and Human Services will spend $909.7 billion. In fiscal 1965, the entire federal government spent $118.228 billion.

What about inflation? According to the Bureau of Labor Statistics' inflation calculator, $118.228 billion in 1965 dollars equals $822.6 billion in 2010 dollars. In real terms, the $909.7 billion HHS is spending this year is about $87.1 billion more than the entire federal government spent in 1965.

1965 was a key year in the advancement of socialism in the United States.

No comments:

Post a Comment