Are you smarter than the Obama Administration?

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Are you a:

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Please choose the most correct answers below.

1. According to the Obama administration, what kills jobs?

a) Higher taxes
b) Huge deficits
c) Chuck Norris
d) The Environmental Protection Agency (EPA)
e) ATM machines and airport kiosks

2. To "stimulate" the economy, where does the government get its money?

a) The President's secret stash
b) From taking money from Americans who otherwise would use it to invest, save, or purchase products (all of which create jobs)
c) From Treasury Bonds, which is debt sold to foreign countries, private businesses, and the Federal Reserve
d) A National sales tax
e) Both b and c

3. The Obama administration is proposing tax hikes on the "wealthy"--those who earn more than $200,000 per year. The most adversely affected group, which employs the majority of Americans, will be:

a) The federal government
b) The Cayman Island banks
c) Small businesses
d) Warren Buffett's secretary
e) State governments

4. The Obama administration declared that the private sector is "doing fine." Which of the following industries has the lowest unemployment rate?

5. How much has the national debt gone up since January 2009?

a) $5 trillion
b) $5 billion
c) $500 million
d) It has not gone up at all
e) It doesn't matter, because it's George W. Bush's fault

6. John F. Kennedy and Ronald Reagan agreed, but Barack Obama disagrees, that this creates economic growth?

a) Lowering taxes
b) Raising taxes
c) Dramatically increasing social spending
d) Invading Cuba
e) Creating better employment numbers by hiring lots of bureaucratic czars

7. A system that rewards investors with either their own money back or that of other investors with no plan to generate profit is:

a) A pyramid scheme
b) Social Security
c) A Ponzi scheme
d) All of the above

8. How large are the interest payments for our national debt?

9. President Obama called President Reagan a "wild-eyed, socialist, tax-hiking class warrior." Which of the following policies did Reagan support as President?

a) His own version of the "Buffet Rule," raising tax rates on the rich
b) A 50% tax rate on corporations
c) A 25% tax cut for all Americans
d) A 75% windfall profits tax for the wealthy
e) The Wild-Eyed Socialist Tax Hike Act of 1985

10. Obamacare does this for young people:

a) Gives them free health care
b) Allows them to stay on their parents plan until they are 26
c) Mandates that their insurance premiums must be 50% higher to subsidize older Americans
d) Allows parents to kick their 25 year-old kids out of their house for being moochers
e) Both b and c

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