Monday, April 19, 2010

NewsReal Sunday: Record Breaking Deficits Will Enslave Our Children | NewsReal Blog

NewsReal Sunday: Record Breaking Deficits Will Enslave Our Children | NewsReal Blog

They've only just begun.

In February of this year our government’s monthly deficit went over $200 billion – for just that month- for the first time in history. That’s right – I said the deficit of one single month was over $200 billion. To put things in perspective, February’s $223 billion deficit was bigger than the total budget deficit for all of 2007! Below is a deficit chart, but let me warn you. If you have not seen this yet you may want to sit down and send the children out of the room.

An image scarier than any horror movie!

President Obama’s use of deficit spending is terrifying. We are in trouble. Especially when you take into account that government always shells out far more of our money than they project. In fact, it is not really accurate to say the feds are spending “our money.” Obama, Reid, and Pelosi are actually dispersing our money plus the money of our children. When their spending is done, it will be higher than all other Presidents combined – including Bush!

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