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Thanks for stopping by Rational Discourse.  My name is James (click on the About Me link for more info).  My hope for this blog is to document my opinions and ruminations about mostly politics.  However I reserve the right to post any old thing that catches my attention.  Please feel free to interact on my guestbook and leave comments on any of my posts. 

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Wednesday
Apr132011

4 Trillion Over 12 Years Is Laughable

How are we to do the math of Obama?  Cut 4 Trillion dollars over 12 years.  What will our deficit look like in 12 years?  Let's say, God forbid, that Obama was elected to another term.  He's borrowing roughly $4.6 billion dollars a day.   I just can't fathom how bad it will be.

 

Here are some facts for all you fact checkers to check:

-- the budget deficit for February hit a staggering $223 billion - meaning the Obama administration added more in debt last month than was borrowed in all of 2007.

--Since Barack Obama was sworn in as president, each American taxpayer’s share of the federal government’s IOU has grown to $50 per day - more than the average cell-phone user is billed in an entire month

--In January 2009, the national debt stood at $10.6 trillion. Fueled by the so-called stimulus, this debt grew by $3.6 trillion in just two years. The magnitude of this amount is difficult to grasp without a comparison. Under Mr. Obama, government has been borrowing $4.6 billion each and every day.

 

Obama spending stimulates the national debt by $3,039,000,000,000

 

Is this how a moral society endeavors to treat their children and their grandchildren?  I think not!! I will not stand by idly and not speak out against this economic genocide!

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