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President Obama Piles on Another Trillion Dollars of Debt
For the fourth year in a row President Obama will run a $1 trillion budget deficit, according to the Congressional Budget Office. This announcement reflects President Obama's reckless spending along with the current high unemployment rate which will combine to make President Obama's re-election very difficult.
1 posted on 02/02/2012 5:13:55 PM PST by Libloather
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To: Libloather

Oh, NOW he’s worried about the debt!


2 posted on 02/02/2012 5:43:01 PM PST by Signalman
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To: Libloather

Our debt is going asypmtotic due to its expansion as a geometric progression. We are already past the point of no return on getting our debt under control and paid off. No matter how much the monster is fed its appetite is unstoppable and will end up destroying pretty much everyone.


3 posted on 02/02/2012 5:57:00 PM PST by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: Libloather

The grub-ment could seize every dollar of US wealth and STILL NOT PAY OFF what THEY OWE. Invest in guillotines. The SPENDING is out of control. Socialism ALWAYS FAILS, always. A few STATESMEN/STATESWOMEN are desperately needed.


5 posted on 02/02/2012 6:04:46 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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