March 26, 2010

Responsibility: Government Debt Will Reach 90% of GDP

HOPE! CHANGE! Crippling economic malfeasance perpetrated on the American public by the Democrat Party! SHUT UP, AMERICA. OBAMA'S IN CHARGE:

President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.
Boy. That's just awesome, according to Obamazombies. Unprecedented, even.

Let's let the Obama zealots in the comments defend this new era of plenty they're ushering in. Have at it, trolls.

Hey - remember that "spending freeze" Obama instituted? Yeah. It's working like a charm.

Enjoy this trip down memory lane, and try not to laugh (emphasis on "smarter government"):

JOBS JOBS JOBS!

By Good Lt. at 08:52 AM | |