Happy Birthday Mr. President – $1 Trillion Dollars of Debt in 6 Months!

2009 August 5
by Jason

budget deficit 2009Yesterday, President Obama celebrated his 48th birthday. As a gift to the American people, he has added over 1 trillion dollars to the national debt in only 6 months! President Bush (who was not a fiscal conservative) took 2.5 years to achieve such a feat.

The national debt is now rapidly approaching 12 trillion dollars, and this does not include the additional trillion dollar health-care bill that liberal Democrat’s are pushing through Congress.

In an excellent article by Ellen Corman on blog.heritage.org, she points out the incredible cost of the Obama Administration to the American people….

Since Obama was inaugurated in January, the national debt has grown over one trillion dollars to a whopping $11.669 trillion. In contrast, it took 2.5 years to add $1 trillion in debt during the last administration.

And this “gift” to the American people doesn’t even include the costs of other legislation Obama would like to pass, such as cap and trade or health care reform. Over the next decade, the President’s current budget plan (which is to be updated within the next two weeks), would cause the debt to reach 80% of the economy—a level not seen since WWII.

Although federal spending under the former administration was not exactly prudent, an interesting video helps demonstrate that if the rate of each President’s spending were converted to miles-per-hour, George W. Bush would have been driving at 63 mph, whereas Obama is driving at 174 mph. With spending at this rate, we are well poised for a dangerous high-speed economic wreck.

Instead of doling out birthday cake slices of debt, Congress and the President should focus on reforming the way government spends taxpayers’ money through fiscal restraint—especially for the benefit of future generations, who will be forced to pay for this over-the-top birthday present, plus interest.

Can anyone answer why our Congress and President are not interested in reforming our government spending, and seriously balancing the budget? Do they have no care – what-so-ever – for the enormous expense that will be carried by our children and grandchildren?

The truth is that they don’t care… They have an agenda to ‘restructure’ America into a socialistic society where everyone answers to the federal government from cradle to grave. In fact, there is no concern for the people’s freedom or liberty, because they are interested in the exact opposite. Government debt is a tool to keep the people dependent on the political elite, thereby increasing their slavery.

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4 Responses
  1. 2009 August 6
    Sue permalink

    Well you know what, you people voted him in now you people have to live with who you voted in till the next election,so stop complaining make a difference next time and really think before you vote!

    • 2009 August 6

      The 2010 election is right around the corner!

      Be watching… Next week I’m going to introduce a great way to get involved, and turn our country around 180 degrees back toward the path of freedom and liberty! 180 in 2010!

      Visit 1802010.com

  2. 2009 August 6

    Happy birthday!
    The age of 48 was good to American presidents:
    http://www.whatwasdone.com/Age.php?&Age=48

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  1. Happy Birthday, Mr. President - Glenn Beck’s Video Tribute to Obama « Frugal Café Blog Zone

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