Posted on 05/13/2009 8:52:55 AM PDT by Scanian
There is a cleverly constructed sentence in the AP report about the 2009 budget deficit being $89 billion higher than expected, which will raise the projected annual deficit to $1.8 trillion, or nearly four times as much as the previous record. Here’s how AP explained it: “The unprecedented red ink flows from the deep recession, the Wall Street bailout, the cost of President Barack Obama's economic stimulus bill, as well as a structural imbalance between what the government spends and what it takes in (emphasis added).” In sports journalism, such a sentence is called covering for the home team, which in this case includes the present and previous White House occupants and the present majority in Congress.
The two key words in that sentence are “structural imbalance.” Sounds like something beyond the ability of mere mortals to change, doesn’t it? Part of the natural order, kind of like the swine flu. It just happens. Out in the real world beyond Washington, “structural imbalance” means: Washington politicians are on a spending rampage the likes of which has never before been seen anywhere in human history. The spenders include President Barack Obama, Senate Majority Leader Harry Reid, House Speaker Nancy Pelosi, plus a supporting cast of bureaucrats like Treasury Secretary Timothy Geithner and his predecessor, Henry Paulson, and the Democratic majorities in the Senate and House (joined by a few Senate Republicans).
(Excerpt) Read more at washingtonexaminer.com ...
Note that in ‘12, when BO runs for re-election, that he can say he “cut the deficit in half.” If I borrow $1000 from you this year, and in ‘12, I borrow another $500 from you, without paying any of my debt to you, would you be happy to hear that I had borrowed only half as much from you in 2012? Elementary school children would be able to see through this nonsense, but leave it to the BO worshipers in the msm to dutifully trot out this ridiculous statement ad nauseum.
Get obama’s hands out of thr till the idiot is as bad as a coke head with a credit card.
Wiemar days are here again
Let us sing those songs of
Aw the heck with it.
They will stop spending when they run out of ink and paper.
It’s something like: a big spaghetti feed, then you start hitting the tequila shooters. Hard.
That doesn’t turn out well, but you’re still conscious so you keep drinking ... right?
(Of course, back then there was the excuse of being young & stoopid.)
Critters higher up on the food chain than Hopey McChange have planned all this long ago when they first ran the numbers and found it wouldn't work unless zeros were added at some point in the future.
So they waited until the zeros elected one to slip them in.
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