Chew On This: After Historic Spending Binge Obama Promises to Cut Federal Fat
“We need to restore the American people’s confidence in their government — that it is on their side, spending their money wisely.”
Weekly Radio-Internet Address
April 18, 2009
** Barack Obama already signed the largest spending bill in the history of the planet.
** Obama’s budget more than doubles the national debt held by the public, and adds more to the debt than all previous presidents — from George Washington to George W. Bush — combined.
** Barack Obama managed to spend more than the wars in Iraq and Afghanistan combined.
** Obama and democrats have already saddled America’s children and grand children with massive debt. Not that this bothers them.
** Barack Obama is on track to spend more money than any person in the history of Earth.
** The US debt is so large that America couldn’t qualify to join the EU if it wanted to.
** President Obama expects the deficit level to be 12% of GDP this year larger than Great Britain’s record 10% deficit to GDP.
According to Heritage, Obama will quadruple the deficit this year.
Yesterday, Barack Obama promised to “trim the federal fat.”
Tell me… Why is this so hard to swallow?