Guess What??
All of the Geithner/Obama Armageddon predictions about raising the national debt level?
Here are some sobering facts for you.
Under Clinton the national debt went up 547 million dollars per day.
Under Bush the national debt went up 1.6 billion dollars per day.
Under Obama the national debt has gone up 4.1 billion dollars per day.
Obama can make all the excuses he wants, but the facts don't lie.
The deficit is 10 times bigger than when Obama took office. And now he wants Congress to raise the debt level so he can waste more, spend more, on pet pork projects that do nothing to create jobs, but continue to grease the palms of his cronies. And he is DEMANDING an increase in taxes instead of SLASHING his spending habits. Give The Pretender President more, and he will spend more. Sure as heck.
Sure hope the Conservatives we elected in 2010 stand firm until we can send them back up troops in 2012.
With an eye on the financial markets, Geithner insisted anew the United States would not default.
ReplyDelete"It's just unthinkable," Geithner said. "We never do that. It's not going to happen."
I just cut and pasted this from a main stream medi report on the negotiations. Now you can sleep better. Carl Strom