Obama and the National Debt

In his first year as President, Barack Obama and his democrat controlled Congress tripled our national debt.

In 2010, they are on track to nearly quadruple Bush’s 2008 budget deficit.

Yesterday, the Associated Press reported...

"President Barack Obama has endorsed a bipartisan plan to name a special task force charged with coming up with a plan to curb the spiraling budget deficit.”

That about sums up my personal opinion of the libral progressive fiscal mindset...spend yourself into a very deep hole and then appoint a committee to figure out a way to climb out of the hole. If it doesn't work, blame the committee!

If Obama and his democrat Congress were really serious about cutting the national deficit they could simply admit that the Stimulus bill was a failure and cancel this year’s spending, immediately saving $236 billion.

But then again, Obama would really have to be serious about cutting the deficit.

Is there anyone out there who does not find the above depiction of our growing deficit truly scary?

Peter J. Mahon