Now do the math. If incoming taxes to the government are only about $2.5 trillion, or even if you make a stretch case to $3 trillion of receipts, that is still a $1 trillion budget deficit for one year. Now, that wouldn't be the end of the world if the overall debt level were at a reasonable level, but with it already at $18 trillion, this budget is just plain stupidity.
Where are all the liberals who were upset when Bush was running $300 billion budget deficits? More importantly, where are the talking heads on TV who were screaming in the early to mid-2000's?
This is nothing more than pure insanity from a clumsy president who doesn't understand economics and doesn't care about the long-term future of the country.
Where are all the liberals who were upset when Bush was running $300 billion budget deficits? More importantly, where are the talking heads on TV who were screaming in the early to mid-2000's?
This is nothing more than pure insanity from a clumsy president who doesn't understand economics and doesn't care about the long-term future of the country.
