Obama is finally admitting that his spending dwarfs all other Presidents...combined.
The nation would be forced to borrow more than $9 trillion over the next decade under President Obama's policies, the White House acknowledged late Friday, bringing their long-term budget forecast in line with independent estimates.

-Greg Mankiw, via gregmankiw in this ( Read more... )

Except...it reveals a lot more about government run programs than he would probably like.
Obama and LaHood pledged that dealers will get their money back. But government data shows that many claims are still outstanding. As of Thursday, 457,000 sales worth $1.9 billion had been received. About 40 percent of those claims have been reviewed, but only ( Read more... )

I can't decide which is more pathetic: Obama's determination to triple the deficit or his stance that Bush made him do it ( Read more... )

Here comes the taxing!
WASHINGTON - President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.
Suckers ( Read more... )

I hope you aren't eating right now but (courtesy of scrivener_feed) the left seems to think "feed the beauty" is a nice little aphorism for spending trillions of dollars we don't haveThe fact that Democrats still refuse to acknowledge is that deficits are a result of higher spending, not tax cuts. Tax cuts can and do lead to economic expansions (or expansions ( Read more... )

Remember when the Democrats pretended to be worried about $1 trillion in debt ( Read more... )

Something the deniers will ignore. (Again)

174 mph, baby!

( Read more... )

Asking federal workers to do what he refuses to do (find ways to cut federal spending) Obama's administration is still claiming the $1.3 trillion deficit for fiscal year 2009 is "not theirs", despite the Democrat controlled Congress delaying the fiscal year 2009 budget bills until after Obama was elected so he could have the "benefit" of a larger ( Read more... )

That pretty much sums up the Obama economic program in a word.
WASHINGTON - President Barack Obama's budget would generate unsustainably large deficits averaging almost $1 trillion a year over the next decade, according to new estimates released Friday ( Read more... )

An interesting article by Ken Blackwell (the man who should have been RNC Chairman and who will hopefully be the next Senator from Ohio).
Barack Obama allegedly intends to be a transformational president like Ronald Reagan. But now President Obama is raising taxes on businesses and retirees, socializing the largest sectors of America’s economy, and ( Read more... )