Wednesday, October 20, 2010

Remember when $3 trillion was a lot of money?

Obama constantly amazes me.  He borrowed as much money since January of 2009 as the country borrowed in the previous 200 years.  How does he do it?

Here's the full story from CNSnews.com

http://www.cnsnews.com/news/article/it-s-official-obama-has-now-borrowed-3-t
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2 comments:

  1. AnonymousOctober 20, 2010 at 2:59 PM

    Though at first glance it might look like Obama might double G-Dub's deficit records in half the time, the wonderful news organization citing the stats neglected to point out that Presidents Bush and Obama share responsibility for the FY 2009 budget deficit that overlaps their administrations. Obama assumed full responsibility beginning in FY 2010.

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  2. UnknownOctober 27, 2010 at 10:39 PM

    Sad but true. Republican or not one has to admit that Bush was all set to sign the big bailout bill. And while I liked his stand on taxes, he spend a wad of money. And he took away a few rights using post-9/11 anti-terrorist legislation. I do think Obama will take "tax and spend" to new hieghts unless we can return to a deadlocked house. I get nervous when one party has enough votes to do stuff.

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