The CBO has reported that Obama’s budget would put the United States into a deficit of $1.8 Trillion this year. Even more worrying is that under Obama’s policies the debt would grow to 82 percent of the entire US economy by 2019. This will certainly pose problems for Obama’s proposed $3.6 Trillion budget.
The massive spending needs to stop before we get swallowed up by a black hole of debt. This is not the time to be pushing things like governmental health care, not that there would ever be a good time to institute it anyhow.
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Posted under Economy
Written by admin on March 20, 2009
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I do not see an end to the spending, as there is no end to the corruption in DC. It is time to rebuild the government from the ground up, and the only chance we have to do that peacefully and legally, is in 2010 when we can elect some new representatives.
Although there is no guarantee that new blood will remain for the people, I did say that it is the only peaceful and legal means we have