Thursday, April 30, 2009

Obama's First 100 Days Are the Most Expensive 100 Days in Human History: 1,360 Days to 2013 Inauguration Day and Possible New Administration

Obama's first 100 days were the most expensive 100 days in human history.

There's no other way to look at it. Even Reagan's massive arms build-up in the 1980s doesn't even come close to matching the amount of money that Obama has managed to commit to "fixing" the banking system and the economy in his first 100 days in office. His spending plans are expected to add $9.3 trillion to the national debt, according to the Congressional Budget Office; Reagan took the national debt up to $3 trillion over eight years.

And Obama's $3.6 trillion budget next year won't even touch paying down the debt. It's all spending, with over 9,000 earmarks that he promised wouldn't be in the bill. Instead of running up the debt, he should be paying it down.

That's what I see when I look at his first 100 days; that's a bigger issue than his kissing up to communists and international gangsters, like the Saudi king and Hugo Chavez.

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