Tuesday, November 09, 2010

Après moi, le déluge

Obama team makes it official: Budget deficit hits record. By a lot. - The Oval: Tracking the Obama presidency

The USA Today article is from October 19th but deserves consideration.
The deficit for fiscal year 2009, which ended Sept. 30, came in at a record $1.42 trillion, more than triple the record set just last year.
$1.42 Trillion deficit. Ed McMahon is not available to describe it. Perhaps we can get Christopher Lloyd to do it justice. Think about it. Obama has tripled the previously largest known deficit. He did it with peacetime expenditures, the costs of the operations in Iraq and Iran have nothing to do with this. We face an additional Nine Trillion Dollars in out year deficits and we have exactly nothing to show for the expenditure.

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