By Douglas V. Gibbs
I remember recently something about Obama saying in a speech how all of this spending is bad, and it is unsustainable, and we were scratching our heads because as he was saying that the Obama Administration was spending us more into a deficit than all presidents combined. . . ever!
Then, as if on cue, new estimates have been released by the White House, and they say that the budget deficit this year will reach a record $1.47 trillion.
The new estimates also paint a grim unemployment picture as the so-called recovery is fast being realized to be nothing of the sort.
And there are still folks saying this knucklehead will run for re-election in 2012?
He's such a narcissist, of course he'll run, and that would be best, because it would be easiest to beat his sorry . . .
Of course November is expected to be a big win for Republicans as well, and a large part of that reason is because of the deficit spending which has Americans sick to their stomach, and sorry they ever let the "idiot Left" gain control of any portion of the U.S. Government.
Interestingly enough, the Democrats are not planning on taking any actions regarding deficit reduction. . .
Either they are not worried about the coming elections, or they don't care.
A large part of the deficit has been the idiotic stimulus measures, and the massive bailout of the financial system. Two massively failed actions, and economy killers.
-- Political Pistachio Conservative News and Commentary
White House predicts record $1.47 trillion deficit - Yahoo News, Associated Press
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