So President Obama passes his $800 billion spending package last week – the largest spending package in US history – only to chide Washington today for having out of control spending. (And tomorrow Barry Bonds will lecture the players union about illegal steroids.) With his “Economic Spendulus” plan, Obama has guaranteed at least a $1 trillion deficit for this year alone. He says our yearly deficit will be cut in half by 2013. Great plan. Drive the deficit as high as you can for this year, so that anything less in the coming years will be seen as improvement. I really can’t believe Obama can say this with a straight face. This is like the Octomom saying that next year she will only have 4 additional kids on tax-payer money – wow, what improvement! But I guess no one is paying attention – no one except for the Stock Market, which has now plummeted to 1997 value – it seems like we are literally going back to the Clinton years.
Tomorrow, President Obama delivers the State of the Union Address. Will he continue fear tactics and doom and gloom? Or will he listen to Bill Clinton and be more hopeful? I’m also looking forward to Gov. Bobby Jindal’s response after the speech.
Clarification: I'm not saying that Republicans and the Bush Administration didn't have a spending problem either. They did - and that's why they're out of power. It's just ironic that the "change" candidate is doing "more of the same."
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