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March 21, 2011

Big Daddy

Debt is now the father of us all.
In some sense, every cruise missile fired, every Social Security check cashed, ever NPR show aired is done so in part with borrowed money. In response, the president saw the impending doom of insolvency, appointed a bipartisan commission to draft a solution, and then ignored his own appointees’ recommendations. So far the excuse is largely that George Bush ran up debt as well, although last month Obama’s red-ink exceeded the entire 2007 budget deficit under Bush — 30 days of Obama trumping 365 of Bush. -- Works and Days » America Through the Looking Glass

Posted by Vanderleun at March 21, 2011 11:26 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

And the Road Goes on Forever and the Party Never Ends...............*Robert Earl Keen

Posted by: Cilla Mitchell, Galveston, Texas at March 22, 2011 3:42 AM

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