Obama and Fiscal Responsibility: Like Oil and Water

The website www.USDebtClock.org quotes the US Treasury’s estimate of our national debt as being $15,991,549,710,970 and counting. If we took this number and converted it to a measure of distance, 16 trillion miles is the approximately 170,000 times the distance from earth to the sun. Light takes 2.7 years to travel 16 trillion miles. In fact, if your showers and toilets ran pure gold instead of water, it would take 329 years before you used that much money. Since President Obama’s election in 2008,  the national debt has increased by five trillion dollars. If we attributed this skyrocketing debt over the past four years to Obama, that means he and his administration have been using the gold toilet for over a hundred years.

According to the same website, the national debt per citizen is $50,889, and the debt per taxpayer is $139,981. The federal debt to GDP ratio is 104.36%, way over what it should be.  The federal revenue to GDP ratio is 32.43% and the federal spending to GDP ratio is 43.30%. During times of prosperity, the revenue-GDP ratio  outweighs the spending-GDP ratio. These numbers highlight the fact that we are indeed in a recession.

In an attempt to fix the spending patterns, the Obama administration has enacted a much more hands-on approach: the government expenditures account for 43% of the GDP. This means that the government directly decides the direction of 43% of the economy. If that’s not a fascist takeover of the American economy, then what is? During his campaign for President, Mitt Romney has said he will work to massively reduce the deficit, much like he did as Governor of Massachusetts, and his running mate Paul Ryan has already put forward specific budget plans to do so.

Let’s now consider the direct effect of the debt on the economy. Because of Obama’s massive hikes in federal spending, a quarter of the economy pays the interest on debt. This means that a quarter of the economy is doing nothing. That’s right: the GDP would be 25% higher without this massive amount of debt. Obama is only increasing America’s massive debt. To make matters worse, there are 23,088,600+ people that are unemployed and looking for work, or underemployed due to the economic situation. How can we go out and spend money to help boost the economy if we don’t even have jobs?

Furthermore, as Obama has increased the national debt substantially by $5 trillion, the United States liabilities per taxpayer have risen to over $1 million. To put this amount of cash in perspective, it would take the average person (on earth) 90 years of work to make this much money. Alternatively, the average graduate of Georgia Institute of Technology makes an economic profit just over $1 million after working for at least 30  years. Don’t forget about paying off those student loans, either: tuition costs have risen 28% under Obama. The president has put a Band-Aid , so-to-speak, on this “wound” to make yearly payments only go up 5%. However,  after paying off these loans entirely, it is still a major amputation to your overall savings.

If you  enjoy seeing government spending at an all-time high, unemployment rates sitting at a solid 8% for 42 straight months, and feeble attempts by the current administration to “fix” the economic problems by sticking the hands of the government into the mess, then by all means vote to re-elect Barack Obama. As for me, I am voting for Governor Mitt Romney because of his plans to increase investment in America. He will reduce the deficit, increase jobs, and lower income taxes.  He is an American businessman who has much experience leading large companies and will bring growth and prosperity back to America. Vote for Romney-Ryan if you believe in the founding principles of our country: life, liberty, and the pursuit of happiness.

http://obamaisntworking.com/press/american-families-are-struggling-in-the-obama-economy/
http://www.thenation.com/blog/167641/can-romney-win-over-young-voters
http://www.post-gazette.com/stories/opinion/editorials/college-aid-obamas-plan-eases-the-debt-of-education-321861/
http://usdebtclock.org/#
http://www.businessweek.com/interactive_reports/colleges_return_on_investment.html
http://www.businessweek.com/articles/2012-04-09/measuring-college-roi
http://cnsnews.com/news/article/5-trillion-man-debt-has-increased-under-obama-502776147648456
http://ga2.er.usgs.gov/edu/sq3action.cfm

Jackets for Romney Tanks!

Our new tanks have been made! Pre-order your’s today! If you buy now, you can save $5 on the price. Fill out the form with your information, and you can pick up your tank as soon as we get them , or at the next meeting. They are $16 pre-ordered!

Size?

Looking for Volunteers!

This summer, we are once again tabling for Georgia Tech’s annual FASET session. For those of you who don’t know, FASET stands for the Familiarization and Adaptation of the Surroundings and Environs at Tech.

- Yes, that’s a mouthful. But we need volunteers! Any able-bodied person who wants to help us recruit for the fall semester is welcome to attend! The dates are on our events page, and mostly take place from July to August. Please email our executive director Emily Jones if you want to get involved. Her email is execdir@gtrepublicans.com.

S.E. Cupp comes to Georgia Tech

 

The Georgia Tech College Republicans, with the collaboration of the Young America’s Foundation are hosting up and coming conservative author S.E. Cupp! Ms. Cupp will be focusing on the importance of conservatives being active, especially the younger generation. The event will take place Thursday, April 26th at 7PM in the LeCraw Auditorium (College of Management, Room 100). The physical address is: 800 West Peachtree NW, Atlanta, GA 30308.

The event is open to the public, and we will be raffling off a signed copy of Phil Kent’s book “Foundations of Betrayal: How the Liberal Super Rich Undermine America.” After the event, there is a book signing event planned with Ms. Cupp.

So come on out and support the Georgia Tech College Republicans as we end the semester with a thrill as we get ready to get boots on the ground for the November election to make sure President Obama is a one term president!

We are offering sponsorship levels to make sure that this event runs smoothly, we would like to thank all of our past and future donors!

  •  $500  Gold: A ticket to a special VIP dinner with S.E. Cupp before the program, photo op, a front row seat, a signed copy of S.E. Cupp’s latest book, and recognition in our program
  • $250  Silver: Front row seat, a signed copy of S.E. Cupp’s new book, and recognition in our program
  • $100  Bronze: Front row seat and recognition in our program

Special offer to any campaign:

If you meet or exceed a Bronze level sponsorship, we will allow you to place campaign literature on a table at the front door of the event and your campaign’s contribution will be recongnized in the program brochure.

You can mail your check directly to:

Georgia Tech College Republicans
2211 Student Center Commons
350 Ferst Drive, NW
Atlanta, GA 30332

You can also access the Facebook event page by clicking here.

Please contact the chairman, Ellie Smith, at chairman@gtrepublicans.com with any questions!

A little about Ms. Cupp from the Young America’s Foundation:
S.E. Cupp is author of the new book, “Losing Our Religion: The Liberal Media’s Attack on Christianity”  which comes out April 27th (Simon & Schuster). She is also co-author of “Why You’re Wrong About The Right,” which was published by Simon & Schuster in June of 2008.”…After two terms of George W. Bush, it’s harder than ever to know what it means to be a conservative, though for a working definition, this book is an excellent place to start.. Cupp and Joshpe have thought it through, and write with the sort of easy wit we could use more of on the right.” — Tucker Carlson.S.E. is a political columnist and culture critic. She has a regular online column at the New York Daily News, and a regular feature at The Daily Caller. She is a contributing editor at Townhall magazine, and a regular contributor to Politico’s “Arena.” She has been published in the Washington Post, Newsmax, Slate, Human Events, American Spectator, Townhall, FOXNews.com, Sports Illustrated online, Maxim online, NASCAR.com, FrontPage, Detroit Free Press and others.

S.E. is also a political commentator. She has appeared on FOXNews, MSNBC, CNN, CSPAN, Al Harra and others. She is a regular guest on “Hannity,” “Larry King Live,” “Fox & Friends,” “Geraldo,” and “Red Eye with Greg Gutfeld.” She has been heard on dozens of radio shows, including The Dennis Miller Show, The Mancow Show, The Curtis Sliwa Show, Bubba the Love Sponge, Andrew Wilkow, The Alan Colmes Show and others.

She is a graduate of Cornell University (2000) and a Masters candidate at NYU (2010). She was born in Carlsbad, CA and grew up primarily in Andover, MA. She lives in New York City.

Meeting with Rep. Edward Lindsey

NOTE: This is on a Tuesday not Monday

From the Georgia State Assembly Website:
Representative Edward Lindsey is an Atlanta native. He is a graduate of the
Atlanta public schools, Davidson College (B.A. History 1981) and georgia Law School (J.D. 1984) [And we'll forgive him for that].

Representative Lindsey was first elected in 2004 to the Georgia House of Representatives, representing the Buckhead and Sandy Springs communities in Fulton County. In the State House, he serves as House Majority Whip and is on the Appropriations, Industrial Relations, Education, Ethics, Judiciary, and Rules Committees. In addition, Representative Lindsey has been appointed as one of Georgia’s Commissioners to the Uniform Law Commission and is Vice Chairman of the Georgia Child Support Commission.

Legislative Accomplishments:

Charter School Reform (HB 881):The bill provides for a dual track chartering system between the local school board and the state and insures that state and local education dollars follow the child.

Georgia Development Impact Fee reform (HB 232): Requires local governments that collect impact fees for transportation purposes to actually use the funds collected in the area impacted by the new development.

Georgia False Medicare/Medicaid Claims Act (HB 551): Provides for a State Medicare/Medicaid False Claims Act to provide for civil remedies to sue those entities which engage in fraudulent Medicare/Medicaid activity.