So, I'm giving it the bump, baybeeee. Yep, I'm bumpin' this post like it's Michelle's big melon trying to fit through an airplane door.
Because it's just that important...
Remember during the campaign when Democrats (and most especially The One) were all boo-hooing about the deficit? About the horrible amount of debt that the evil President Booooosh had accumulated?
Apparently, that debt and deficit don't pose any problems for them anymore. They're spending money like drunken sailors and lovin' it! And they show no signs of stopping! They will be more than happy to add in any other entitlement program you, they, or anyone else can dream up.
Everyone's been tossing around the words "billions" and "trillions" so much lately, they're starting to lose their meaning. Which means we're kind of tuning out how big our economic problems really are.
Here's a graphic that illustrates what those big, incomprehensible numbers mean.
More at The Heritage Foundation (emphasis mine):
The White House brags that it will cut the deficit in half by 2013. The President does not mention that the deficit has nearly quadrupled this year. Merely cutting it in half from that bloated level would still leave budget deficits twice as high as under President Bush. Furthermore, three upcoming developments–the end of the recession, the troop pullout in Iraq, and the phase-out of the supposedly temporary “stimulus” spending–would, by themselves, cut the budget deficit in half.
President Obama has proposed massive tax increases that still cannot keep up with the historic spending increases he has proposed. The result will be highest level of spending–and debt–in American history. Within a decade, Washington would have to spend nearly $800 billion annually just to pay the interest on the national debt.
Now, I'm no economist or anything, but that sounds to me like some pretty big money problems right there.
And, since no one in his magical circle seems to be giving the Clownshoe in Chief any reasonable advice, I guess it's up to me. Sigh.
If you're facing that kind of deficit spending, and that kind of debt... and there's no way to pay for it all? It's probably best to cancel that order for more unicorns and skittles, at least until you maroons get things under control.
(Full disclosure: I totally swiped the graphic and the text from the Heritage Foundation from Nice Deb.)
© Jana Ogletree 2009