Money Doesn’t Grow On Trees

I don’t know how many times I heard that as a kid. Even though my dad did alright as a banker, I got that message pounded into my brain from an early age. If I wanted something, I had to earn the money to pay for it.

Obama, apparently not so much. Although, to be fair, he didn’t invent deficit spending, he just seems hell bent on, aided and abetted by the Democrat Congress, turning it into an art form, spending more nonexistent money than has ever been spent by any national leader in the history of the world and adding more to our national debt than all other previous U.S. Presidents combined .

Mr. Obama’s $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents — from George Washington to George W. Bush — combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.

Bold action like this, in the furtherance of grinding America into the ground, deserves it’s own national holiday, don’t you think?

Happy Debt Day: Government to ‘Run Out’ of Cash Sunday, Earliest Ever

Debt Day comes early this year. Unfortunately, it’s nothing to celebrate.

The symbolic “holiday,” which falls on Sunday, marks the point in the fiscal year when government spending exceeds revenue.

In other words, the government will stop making money and start borrowing on Sunday.

And it’s coming earlier than ever, according to House Minority Leader John Boehner, who’s pointing to Debt Day as yet another symptom of a government he says is spending too much, borrowing too much and taxing too much. Last year’s Debt Day fell more than three months later, on Aug. 5.

“All the revenue for this fiscal year will be spent as of Sunday,” Boehner, R-Ohio, said. With the fiscal year ending Sept. 30, he said, “everything that happens after Sunday through … the balance of this fiscal year is going to have to be borrowed from our kids and grandkids.”

See also:
Debt Day: A Symbol of Washington’s Arrogant Culture of Borrowing and Spending
The Government Runs Out of Money on Sunday
April 26th Becomes New Debt Day
Debt Day comes early
House GOP Increasingly Critical Of Obama Nearing 100 Day Mark
An Explanation of Debt Day
Spending Like A Drunken Sailor On Crack
The Blueprint For The Total Destruction Of The United States Of America

But hey, it’s the weekend and Sunday’s a national holiday!

There Goes The Neighborhood, it’s a Celebration!

/Don’t Worry Be Happy