Another 38 percent think the economy is becoming worse, while 22 percent say it’s staying the same.

Among independent voters the numbers are even grimmer. A whopping 48 percent say the economy is getting worse. Just 30 percent think it is getting better while 19 percent say it is staying the same.

You have the power to change that.

By supporting Libertarian candidates.

The “Libertarian Prosperity Plan” seeks to repeal the income tax and abolish the IRS, enact a constitutional amendment requiring a balanced federal budget without tax increases and repeal all corporate welfare programs and bailouts.

The Libertarian Prosperity Plan is rooted in the Libertarian Party platform and bedrock libertarian principles.

Unlike the other parties, we don’t promise tax cuts to just grab enough votes to win and then do nothing.  Elected Libertarians enact tax and spending cuts because it is what we believe in.

The Plan would:

1)    Repeal the income tax: Adopt legislation repealing the income tax and abolishing the Internal Revenue Service.  Until the income tax is repealed, adopt legislation preserving the 2001 and 2003 tax cuts and enacting across-the-board income tax cuts.

2)    Adopt the Balanced Budget Amendment: Adopt a constitutional amendment requiring the federal budget be balanced, and balanced exclusively by cutting expenditures, not by raising taxes.

3)    Abolish corporate welfare and bailouts: Adopt federal legislation prohibiting any federal spending program that provides payments or unique benefits and advantages to specific companies or industries, terminating programs that provide direct grants to businesses, eliminating programs that provide research and other services for industries and ending programs that provide subsidized loans or insurance to businesses.

Only Libertarians have a plan, that they will follow up on, that frees job creators to begin investing and hiring again and curbs destructive federal spending.

Want to help put it into action?

Go here to learn more about running for office as a Libertarian.

Go here to chip in $10 or more to support Libertarians in winnable races.

Impress your friends. Tweet or share this by clicking below.

In this new video, Wayne dissects Obama’s fraudulent claims about spending and taxes, tells the truth about government spending, and tells you why only the libertarian solution can stop the damage out-of-control spending is doing to our economy, our nation and your freedoms.

Watch it here.

But does Obama’s rhetoric of spending cuts match the reality of his proposed budget?

Come on.  We’re talking about Barack Obama.

Cato @ Liberty’s Tad DeHaven points out just some of Obama’s touted “cuts” that don’t actually reduce spending or government power :

• The administration proposes to eliminate the Environmental Protection Agency’s Clean Automotive Technology program for savings of $16 million. However, the proposed cut doesn’t reflect a sudden desire to end federal “green” subsidies to car manufacturers. Instead, the administration says “other Federal programs are better positioned to research, develop, demonstrate, and deploy a broad suite of advanced vehicle technologies.”

• The administration proposes to cut funding for the Department of Health and Human Service’s Community Services Block Grant program from $679 million to $350 million. The administration cites reports from the HHS inspector general and the Government Accountability Office that “have documented failures in program oversight and accountability.” However, instead of proposing to completely terminate it, the administration says it’s going to fix the program and basically apologizes for having to cut it to meet discretionary spending caps.

• The administration proposes to cut funding by $226 million for fossil fuel subsidies administered by the Department of Energy. These subsidies should be eliminated. But they should be eliminated along with all energy subsidies because the federal government should stop trying to pick winners and losers in the energy market. Unfortunately, it appears that the administration is really only interested in scoring political points with the “green” crowd.

• The administration proposes to save a whopping $3 million by terminating the U.S. Department of Agriculture’s public broadcasting grant program. The administration correctly points out that the program is duplicative of the Corporation for Public Broadcasting. However, the CPB would get another $1 million in funding for an overall budget of $445 million. In other words, the proposed cut would have practically no effect on the federal government’s subsidization of PBS and NPR.

Libertarian National Campaign Committee

“Our government is addicted to spending. It doesn’t matter what the tax rate is. It doesn’t matter how high the tax revenues. We could raise tax rates to 90% and government would still spend $1.40 for every dollar it takes in. So why are we blaming the victim (taxpayers) for the national debt?…

“…If President Obama got his way federal income taxes would hit 40% or higher. And he’d take the cap off FICA taxes. And he’d dramatically reduce or eliminate mortgage, charitable and business deductions. And then just for fun, he’d add a national VAT tax. Now add in the new taxes for ObamaCare. Add it up.

“Americans would face tax rates approaching 70%. And this time there is no cash economy. The government would take 60 to 70 cents of every dollar we all make, while we do all the work. The mafia has nothing on the government!

“So why is Obama playing fast and loose with the facts? Taxes aren’t low and he knows it. And the increases he desires aren’t small or fair, and he knows it.

“Our government is heavily in debt, and Obama needs to find targets of opportunity (i.e. victims) to pay the bills, so America doesn’t go bankrupt on his watch.

“Second, Obama’s only chance at re-election is to redistribute billions of dollars to his voters and campaign contributors in the way of entitlements, welfare, food stamps, stimulus, and green energy ‘investments’ by government.

“Third, by targeting, demonizing and punishing small business owners and high-income earners (the people who make almost all the contributions to conservative causes and candidates), Mr. Obama can starve his political opposition. If taxes are higher on the rich, then the president’s opposition has no money left to give to conservative candidates…”

Read more at http://www.foxnews.com/opinion/2012/02/13/mr-obama-dont-have-tax-problem-have-spending-problem/