64 online
 
Most Popular Choices
Share on Facebook 13 Printer Friendly Page More Sharing
OpEdNews Op Eds   

Obamanomics: Waging War on American Workers

By       (Page 6 of 8 pages) Become a premium member to see this article and all articles as one long page.   3 comments
Message Stephen Lendman
Become a Fan
  (191 fans)

This piece was reprinted by OpEd News with permission or license. It may not be reproduced in any form without permission or license from the source.

Obama Proposes Draconian Cuts on Working Americans

According to White House.gov, Obama's plan over 12 years includes:

-- $4 trillion overall;

-- $770 billion from education, environmental, transportation, and other infrastructure cuts, as well as lower wages and benefits for federal workers when they need more, not less;

-- $480 billion from Medicare and Medicaid, besides another $1 trillion from Obamacare;

-- $360 billion from mandated domestic programs, including food stamps, home heating assistance, income for the poor and disabled, federal pension insurance, and farm subsidies;

-- $400 billion from military-related spending from unneeded weapons, as well as healthcare and other benefits for active service members and veterans - not priority items the Pentagon and war profiteers want to protect generous annual defense spending increases and supplemental add-ons, plus black-hole black budgets for intelligence and other nefarious purposes.

Like all his demagoguery, Obama hypocrically stressed we're broke and have to make shared sacrifices, suppressing how he's served wealth and power interests at the expense of working Americans during the greatest economic crisis since the Great Depression. 

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Rate It | View Ratings

Stephen Lendman Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert

To View Comments or Join the Conversation:

Tell A Friend