Friday, March 27, 2009

Obama and Dems spending $1 billion an hour

"FOR a guy who talks so much about wanting a new era of re sponsibility, President Obama spends an awful lot of time blaming Republicans for all the wild and reckless spending he crammed into his own budget.

After running a campaign against the $1 trillion deficit he "inherited" from President Bush and the Republicans, Obama quickly matched it. During his first 50 days in office, he and his Democratic-controlled Congress spent $1 billion an hour.

Under Obama's proposed budget, the overall national debt doubles in five years and triples in 10.

Not exactly "moving from an era of borrow and spend to one where we save and invest," as he promised."

http://www.nypost.com/seven/03272009/news/columnists/new_era_of_spend__blame_161557.htm

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