Price of Obamunism So Far: $3,000,000,000,000
October 20, 2010
Let's hope liberals enjoyed the warm glow of self-righteousness they got from voting for the unqualified left-wing black guy with the name like a terrorist, because the price tag is astronomical and still rising:
New numbers posted [Monday] on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office. …
The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012. That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.
Not even a Harvard grad could be enough of a fool to think this can be sustained. By the time this nightmare is over, the names of Richard Cloward and Frances Fox Piven — progressives credited with inventing the strategy of imposing communism by collapsing the economy with excessive government spending — will be household names.
Meanwhile, the Marxist saboteur in the White House blames his predecessor for the debt, and uses it to justify further crippling the economy by letting taxes shoot into the stratosphere on January 1.
Barack Hussein Obama!
Mmmmmmmmmm mmmmmmmm mmmmmmmmmmmmmm!