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jseedubyaToday, the White House revised their numbers for the budget deficit to an eye-popping $1.8 Trillion, representing a quadrupling of last year’s record deficit.
I think this calls for a trip down memory lane, presented for your your consideration …
Remember Obama’s debate performance when he railed about the “orgy of spending” and the “enormous deficits?” Here is the quote …
“John, its been your President that you say you say you’ve agreed with 90% of the time, that presided over this increase in spending, this orgy of spending and enormous deficits and you voted for almost all of his budgets, so to stand here after 8 years and say you’re gonna lead on controlling spending…I think is kinda hard to swallow”
This level of government spending is unsustainable.
The Obama administration is the most radical and reckless in the history of the Republic. At this rate, it will also be the last administration in the history of the Republic.
Filed under: Liberalism Is A Mental Disorder, government corruption | Tagged: obama record deficits, orgy of spending, reckless and radical
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[...] How prophetic. The difference today is that billions of taxpayer dollars have been flushed down the drain and the government has taken over 2/3 of a failing auto industry with Obama as the new ‘Chevy Celebrity’ CEO. Bankruptcy now can be ‘organized’ by the power of POTUS complete with violation of contract law, snubbing of senior creditors, threats, and control to protect the investments of donors like the UAW and contributing dealer owners. Oh, and lets not forget that Dems now have the power to force the auto industry into building those little green hippie vehicles nobody wants, for the greater good of course. What’s next, free cars to the downtrodden on the taxpayer dime? What the hell, we can afford it, right? [...]