Barack Obama explains how he intends to wreck America's economy, Social Security and Medicare

http://www.huffingtonpost.com/2013/04/06/obama-proposed-budget-not_n_3028022.html

So Barack Obama fully intends to wreck Medicare and Social Security by further reducing the cost of living allowance increases which already dramatically understate true inflation (by a factor of 3 or more).

Chained CPI explained (which is presumably what Barack Obama is referring to when he says he will change the cost of living calculation.
http://ian56.blogspot.co.uk/2012/12/chained-cpi-another-backdoor-method-to.html


BOTH parties budget proposals will completely wreck America's economy. 
BOTH parties are agreed on ALL the main issues. 

Over $1.3tn a year should continue be wasted on Corporate Welfare. 

Skyhigh military spending should continue. 
In 2012 military spending was $1,219. 
That is 50% more than GW Bush ever spent and TRIPLE what America spent in the cold war.
Both parties agree that this sky high budget should increase by over $100bn in the next few years. The Republicans want to spend even more. 
http://ian56.blogspot.co.uk/2013/03/military-spending-1962-to-date.html

BOTH parties agree that the big banks should not be punished for their multiple crimes (other than the occasional slap on the wrist fine). 
BOTH parties agree that no senior bankers should be sent to jail. 
BOTH parties agree that the big banks should not be broken up or slimmed down.
BOTH parties agree that Glass Steagal should not be reinstated. 

BOTH parties agree that the over $1tn a year of government subsidies and Federal Reserve bailouts to the big banks should continue. 

BOTH parties agree that the Federal Reserve should continue to print $1tn a year - which only benefits the super wealthy and makes the 99% worse off. 
http://ian56.blogspot.co.uk/2013/03/some-charts-on-jobs-and-wages.html

BOTH parties are agreed on astronomical spending levels for the DHS, NSA and CIA.

BOTH parties agree that none of the Corporate cartels that currently operate in each major industry should be broken up.

BOTH parties agree that they will do nothing to improve Healthcare efficiency.
Other countries are twice as efficient as American Healthcare is.
It is easy to see that America should get twice as much bang per buck - every other developed country does it.
Common medical treatments cost as much as 10 times what they cost in other countries.
Obamacare takes American Healthcare in completely the wrong direction - it will make American Healthcare even LESS efficient.

BOTH parties budget proposals will result in 2023 of :-

Annual spend of about $6tn and rapidly increasing
Annual deficits of over $3tn a year
A National Debt of over $40tn
http://ian56.blogspot.co.uk/2013/03/cbo-projections-of-future-gdp-growth.html