Obama spending will push debt to historic levels
The CBO releases a report that should have any sensible tax payer more than a little worried. Now comes the CBO with yet more news of the sort that neither Capitol Hill nor the White House is likely to...
View ArticleObama adds $1 trillion to deficit
Amazing! I would have never thought that any president could have so brazenly outspent Bush and his “I never saw a spending bill, I wouldn’t sign” ways. But in only 9 months, Barack Hussein Obama (mmm...
View ArticleObama’s economy is really that bad …
It’s worth resurrecting this graph that I posted last July because in this Obama economy, things are just getting worse and worse. Click on the graph for a bigger version Obama promised that if his...
View ArticleObama debt setting new records
Speaks for itself In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt...
View ArticleObama’s debt = all debt from GW to GHWB
Obama’s spending spree is taking on legendary proportions. Apparently his spending and the debt he has accumulated in three short years almost matches all the debt accumulated from George Washington to...
View ArticleThe employment of a pruning knife
“The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife.” –Thomas Jefferson
View ArticleDischarge of the debt
“No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.” –George Washington,...
View ArticleRunning the next generation into debt
“As parents, we can have no joy, knowing that this government is not sufficiently lasting to ensure any thing which we may bequeath to posterity: And by a plain method of argument, as we are running...
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