Free Markets, Free People


The major “accomplishment” of the 111th Congress

While Democrats hail this Congressional session as a huge success (again, it really depends on how you define “success” doesn’t it?), there’s one “accomplishment” they’ll be trying to ignore.  Doug Mataconis gives us the numbers:

According to the United States Treasury, the National Debt on that day was $8,670,596,242,973.04. As of December 24th, it was $13,866,145,290,604.69. That’s $5,195,549,047,631.65 in new deficit spending in over just under four years.

Nice, huh?

Over 5 trillion dollars.  Roll that around on your tongue – 5 trillion in new debt in 4 years.  That’s more debt added than any other Congress in the history of our country and more than all of the first 100 combined.

The previous record holding Congress?  The 110th at $1.92 trillion, also a Democratic Congress presided over by Pelosi.  Oh and remember Ms. Pelosi’s pledge (the other one, not the “most ethical” Congress in history pledge) as she took the office of Speaker of the House?

“After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” she said in an address from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.”

Another in a long line of political lies.  And yes, I consider this a lie since Pelosi and gang had absolutely no intention of following that pledge – none.  It was a pure and unadulterated falsehood.  Two Congressional sessions and 5 trillion dollars later, it’s clear how much of a falsehood it really was.

The cost?  Now will cost every man, woman and child in America is on the hook for $44,886.57 each. 

Meanwhile Obama, et. al, are touting this as the “Season of Progress”.

Progress toward the poor house maybe.

The GOP better get to work on day one, because we can’t afford the Democrats.  They’ve had their run and look at the mountain of debt they’ve accumulated.

Thanks a trillion, Madam Speaker.

~McQ

  • Facebook
  • Twitter
  • LinkedIn
  • Tumblr
  • Digg
  • Reddit
  • email
  • Print
  • Google Bookmarks

16 Responses to The major “accomplishment” of the 111th Congress

  • In an ideal world we would take to the streets, overthrow the government, have show trials for everyone who voted for these big bills, and hang them.

    Unfortunately being wealthy and safe for so many years has sapped our outrage, and our willpower. Most people have no idea what these people have stolen from us and our children, we will be paying for this crap for decades. And that is provided that we can actually stop the runaway spending before the whole damn thing collapses like a house of cards.

  • As outrageous as the spending has been, I find the corruption of the constitutional democratic process FAR, FAR worse.
    Congress knew they were breaking with all precedent in doing what they did.  They only cared about getting to the Collective’s goals, and would have done worse than they did to reach them (as they demonstrated).
    The 111th deserves to be remembered as what they were…outlaws and tyrants.

  • The only thing more depressing than the data on the 110th and 111th are the data on the 108th and 109th:
    From:http://www.cnsnews.com/news/article/111th-congress-added-more-debt-first-100
    “Democrats controlled both the House and Senate in the 110th and 111th Congresses.
    The 108th Congress ($1.159 trillion in new debt) and 109th ($1.054 trillion in new debt) take third and fourth place among all U.S. Congresses for accumulating debt. In both these Congresses, Republicans controlled both the House and Senate.”
    I sure as hell hope the spine transplant the Republicans received takes.  I am going to be on a first name basis with my new congressman Morgan Griffith, to help remind him that I (and many others) want them to actually shrink the size of the federal government.
    “DO LESS, WITH LESS.” is my motto for the 112th Congress.

    • The 108th Congress ($1.159 trillion in new debt) and 109th ($1.054 trillion in new debt) take third and fourth place among all U.S. Congresses for accumulating debt.

      Bull! http://www.agoyandhisblog.com/img/FiscalSuicideByDemocrat2.jpg
      Note, too, the trend.


       

      • Sharp,  Thanks for the insightful five word response.  That is what I come to the QandO comments section for,  well thought out conversation.
        Seriously though, I do appreciate the link to agoyandhisblog.  I didn’t know about it.  As for your comment, if the 109th and 108th were not the 3rd and 4th worse for accumulating debt, how were congresses scored?  Why the divergent information between the article and your jpg?  No, I am not asking you to do my research for me, but if you are going to throw up a picture and the word ‘bull’,  I have to wonder how deep your knowledge of the topic goes.

        • Mal,
          Thanks for the typically condescending response that we’ve come to expect from malignant statists.
          And thanks, too, for going off on a tangent of what point I was making, something else we’ve come to expect from delusional statists.
          Now, go back to school (like that’s helped in the past, right?) and learn to read charts and graphs.
          Or learn (I mean REALLY LEARN, not just parrot) SOMETHING!

          • wow, just wow.   Malignant statist?  Delusional? I thought  I asked a couple of decent questions intended to gather some more information.  I wasn’t attacking you, or your position (which was completely unclear since you only posted a link and the word ‘bull’).  I wasn’t “going off on a tangent of what point” you were making.”  You were not making any point.  I was looking for more info.  If my comment hurt your feelings, I apologize.
            Maybe switch to decaf.
             

  • The U.S. Government Accountability Office said it could not render an opinion on the 2010 consolidated financial statements of the federal government, because of widespread material internal control weaknesses, significant uncertainties, and other limitations.

    As they say … read the whole thing, they get more specific.

  • Add this item to the list …

    “The double dip is almost here,” said David Blitzer, chairman of S&P’s index committee.“There is no good news in October’s report.” Explaining that “the trends we have seen over the past few months have not changed,” Blitzer cited expired tax incentives and a “lackluster” national economy as some of the causes.

  • “The problem with Socialism is that eventually you run out of other people’s money.” M.T

    Hey McQ,
    Have you seen this nonsense yet?
    “The Trouble with Liberty”
    http://nymag.com/news/politics/70282/

  • According to the United States Treasury, the National Debt on that day was $8,670,596,242,973.04. As of December 24th, it was $13,866,145,290,604.69. That’s $5,195,549,047,631.65 in new deficit spending in over just under four years.

    Don’t forget: this doesn’t include the “unfunded liabilities” of Social Security and Medicare.  Those amounts make $13 Trillion look like a walk in the park.

  • What most don’t seem to realize is that since the national debt is approx. $45,000 each
    AND HALF OF THOSE AMERICANS PAY NO TAXES
    it would be more accurate to say that each present and future TAXPAYER is on the  hook for $90,000.
    EACH.
    Feel better yet?
    This is a war against our children and grandchildren but I guess we’re waiting for a formal declaration to admit it-

  • Funny how they other side of the aisle sees it …

    The extra money floating around, he said, compounded the Democrats weaknesses on the economy, unemployment and the mortgage crisis. And he said that for of the accomplishments of the lame duck Congress, their failure to pass the Disclose Act—which would have at least forced corporations  to reveal who they were donating to—stood out a black mark on the session.

michael kors outlet michael kors handbags outlet michael kors factory outlet