Will The Debt Hamstring Democrat Hopes? Doubtful.
October 17, 2009 / 12:26 pm • By Dr. Melissa ClouthierThis dropped yesterday:
The Obama administration has released new deficit numbers, and they are not pretty.
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.
In addition, future deficits are currently projected to total $9.1 trillion in the coming decade.
Will the reality of massive debt stop Democrats? No. Their answer to debt is to push reality down the road. They have too many big plans they want to pass right now. They know they’ll lose the coming elections, but they hope to get the big programs passed while they can. Let the grown-ups deal with deficit details.
2 Responses to “Will The Debt Hamstring Democrat Hopes? Doubtful.”
October 17 2009 / 12:31 pm
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I don’t think the Obama administration cares a whit about the size of the deficit. I think part of their plan to create a major fiscal disaster in hopes of “rebooting” into a purely socialist system.
October 19 2009 / 12:28 am
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> I don’t think the Obama administration cares a whit about the size of the deficit. I think part of their plan to create a major fiscal disaster in hopes of “rebooting” into a purely socialist system.
Methinks they forget who is it that has the guns.