Thursday, December 8, 2011

GOVERNMENT DEFICIT SPENDING

GOVERNMENT DEFICIT SPENDING
   The Washington Post reported today that our government  ran a $139 BILLION deficit in November, marking the 38th straight month in the red according to preliminary estimates by the Congressional Budget Office released Wednesday.  Deficit spending means spending money you don't have, like running debt up on a credit card, when you have no income to pay for it.
      the Post goes on to say the gobernment hasn't run a surplus since September of 2008, just before the Wall Street collapse near the end of the Bush Administration.  That is by far the longest streak in records dating back to the 1980's.  Before the current streak, the government had never gone an entire year without running a surplus in at least one month.
   President Obama took office in January of 2009.   He has never had a surplus in his administration.  And all he wants to do is spend more money!  He gives it away like it is candy!  The only ones he doesn't give money to is "the middle class", who pays the taxes.
   CAN WE STAND ANOTHER FOUR YEARS OF THIS PRESIDENT?!?

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