Thursday, August 5, 2010

Trillions and Trillions and Trillions, Oh MY!

As a follow up to yesterday's blog post, I thought I would add this little tidbit. Not only has Obama more than tripled the deficit in 18 months of being in office, but it does not include the impact of Obamacare on the deficit.

The CBO declared that Obamacare would add $1 trillion to the deficit in 10 years.
http://www.newsmax.com/Newsfront/CBO-Obamacare-1-Trillion/2010/05/12/id/358766?s=al&promo_code=9E11-1

With the deficit nearing $2 trillion now, and Obamacare will add another trillion, the nation will be inflicted with an unprecedented debt exceeding that of the great depression.

Obama loves the words "unprecedented" and "the great depression", but this is taking things too far. Now that Obama has achieved an unprecedented presidency, he will be responsible for the next depression. He wanted to make history, and he has, but not in a good way.

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