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By Larry Elder , Aug 25, 2015
President Obama has raised taxes, including on the middle class after promising not to. Debt has doubled, with a brand new and costly entitlement called Obamacare. The federal reserve, through so called quantitative easing, has in essence printed money like a counterfeiter.
Despite acknowledging that our current entitlement programs--social security, Medicare and Medicaid--are "unsustainable," Obama's done nothing to reform them. Instead, he's stepped on the gas.
Over 70% of the federal budget goes to entitlements and service on our ever-increasing debt. With most of what's left dedicated to defense, what politicians spend their time squabbling over amounts to crumbs.
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