Debt Recap:
Obama has borrowed more money than:
Carter ($300 billion) in 41 days
Reagan in 8 months
Clinton ($1.539 trillion) in 11 months, 10 days.
GW Bush borrowed $5 trillion in his 8 years in office, and Obama is halfway there in only 16 months.
Obama isn't spending money like a drunken sailor. I spent 6 years in the Navy as a drunken sailor, and when I ran out of money, I quit spending.
Ah yes, but as a drunken sailor you never had the option of "just printing more". Since that option is available to them, the mindset appears to be they have an infinite supply from which to draw.
ReplyDeleteWouldn't it be nice if they went to DC remembering it's not theirs?